StockNews.AI
KODK
WSJ
89 days

Robert Monks, Who Laid the Groundwork for Activist Shareholders, Dies at 91 - WSJ

1. Pioneer shareholder activist Robert Monks passed away at age 91. 2. Monks founded ISS, aiding shareholders in influencing corporate governance. 3. He advocated for changes at various companies, including Kodak. 4. His activism diminished the power of CEOs, amplifying shareholder voices. 5. Monks's death coincided with a congressional hearing on shareholder influence.

7m saved
Insight
Article

FAQ

Why Bullish?

Monks’ legacy reinforces shareholder activism, potentially benefiting KODK’s shareholders in governance.

How important is it?

KODK could experience positive shifts in governance dynamics, aligning with Monks' advocacy.

Why Long Term?

The ongoing shift in corporate governance towards shareholder power may improve KODK’s management accountability over time.

Related Companies

Related News