Activists launched a record 61 campaigns in Q3, setting a new record and departing from historic trends. Year-to-date, 2025 is the busiest year on record, with 191 campaigns, up 19% versus the long-term average.\u00a0<\/p>\n
The US and APAC regions accounted for approximately 80% of all campaign activity, with the US returning to its four-year average share (51%)\u00a0 and APAC\u2019s share (28%) rising for a third consecutive year. Activity in Japan is particularly high, constituting over half of non-US campaigns. European activity remains subdued, tracking 22% below the four-year average.<\/p>\n
Shareholder activists secured 98 board seats YTD (up 17%\u00a0 from 2024), with just three major players (Elliott, Starboard Value and JANA) accounting for 28% of wins. The quality of independent directors appointed by activists continues to rise, with 39% having public company CEO\/CFO experience. 2025 is also on track for a record number of CEO resignations following activist campaigns, with 25 already recorded \u2013 20% of which occurred at S&P 500 companies.<\/p>\n
New developments are reshaping how companies engage with shareholder activists and navigate activist campaigns, including complexities in stewardship, proxy advice and retail investor participation.<\/p>\n","protected":false},"excerpt":{"rendered":"Activists launched a record 61 campaigns in Q3, setting a new record and departing from historic trends. Year-to-date,…\n","protected":false},"author":2,"featured_media":44986,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21264],"tags":[4122,623,3343,478,8489,21536],"class_list":["post-44985","post","type-post","status-publish","format-standard","has-post-thumbnail","category-barclays","tag-4122","tag-article","tag-barclays","tag-disruption","tag-global","tag-investment-banking"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116615695683319666","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/44985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=44985"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/44985\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/44986"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=44985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=44985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=44985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}