Shareholder activism has come roaring back in 2022 but it’s missing one of its most prominent voices.
There were 77 activist campaigns launched in the first quarter–a six-year high that far exceeds the 55 campaigns initiated in the year-ago quarter, according to data provided by Lazard. This year’s high-profile targets include Bed Bath & Beyond (ticker: BBBY) as well as billionaire investor Carl Icahn’s ESG-focused campaigns at McDonald’s (MCD) and Kroger (KR).
Notably…
