The AGM season 2020 will be remembered as a special one. It will not only be the season with the shortest AGM meetings in history, but also the starting point to a period where a lot of existing structures will have to be rethought. The Corona crisis is not only putting a lot of strain on businesses’ operations, but is also forcing Boards of Directors to reconsider strategy and governance frameworks. A particular focus in this regard concerns an old economic principle: the integration of corporate social responsibility, incentive and capital allocation frameworks with strategy to create long-term sustainable businesses.
In this joint webinar SWIPRA Services and Morrow Sodali will provide a review of the AGM Season 2020 in Switzerland and abroad and discuss key developments and themes in investor and proxy advisor behavior expected for 2021. IR club members from Nestlé and Leonteq will share their experiences and views on these topics and lead into a broad discussion to exchange views amongst peers.
Key Observations Swiss AGM Season 2020
International Observations on Governance Issues: Viewpoints of Proxy Advisors, large Institutional Investors and Regulators
Implications for Companies for 2021, including Experience Reports
Panel discussion and Q&A
Wrap-Up and closing remarks
Andrea Bischoff is Managing Director of Morrow Sodali. She has more than 20 years of experience in communications and spent the past 13 years at D.F.King, where she advised listed companies including the largest Germanic corporates in several hundred AGM campaigns, proxy contests and M&A situations. During the course of her career she has helped her listed clients to understand and effectively engage and communicate with their shareholders.
David P. Frick is Secretary to the Board of Directors of Nestlé S.A. and responsible for Corporate Governance, Compliance and Corporate Services. Over the past few years David helped Nestlé develop into a leader in Corporate Governance in its home market and beyond and runs the Company’s corporate compliance program. Prior to joining Nestlé, Mr. Frick was a Member of the Executive Board and Group General Counsel of Credit Suisse Group, and an attorney-at-law with Cravath, Swaine & Moore, the New York law firm. Mr. Frick received a JD degree from Zurich University and a Masters of Laws degree from Harvard Law School. He is a member of the Zurich and the New York bar. Mr. Frick is a member of the Boards of economiesuisse, ICC Switzerland and Allianz Suisse. He serves as Chairman of SwissHoldings.
Barbara Heller is Managing Partner at SWIPRA Services Ltd. She has many years of experience in corporate finance, capital markets and corporate governance advisory from various assignments in international investment banking, and as executive and board member. During her career, Barbara worked with her corporate clients and their stakeholders to execute strategic key initiatives and projects including IPO’s, M&A and change management projects. Currently she is also a Member of the board of directors and chairwoman of the Audit Committee of Bank Cler Ltd, Vice-Chairwoman of the Swiss CFO Forum, Chairperson of the Jury of the Swiss CFO Award and Of Counsel at Lemongrass Communications Ltd. She is also active on boards of sport and non-profit organizations and holds an MBA in economics and finance from the University of Zurich.
Dominik Ruggli is Head Investor Relations, Communications and Marketing at Leonteq. Dominik joined the company in 2009, was appointed Head Business Planning & Analysis in 2011 and is responsible for Leonteq’s investor relations activities since 2015. During his time at Leonteq, Dominik led several key initiatives including the successful completion of a 120m rights issue, the strengthening of its corporate governance framework and the implementation of a new compensation system for the Group’s Executive Committee. He holds an MBA from the University of Zurich.
Christoph Wenk Bernasconi is Partner at SWIPRA Services Ltd. He is a founding member of SWIPRA and responsible for the scientific approach of its projects and analyses. He is co-author of the SWIPRA Considerations for Corporate Governance and of the SFI Whitepaper on corporate governance. Further, Christoph is a Senior Researcher at the Department of Banking and Finance at the University of Zurich.
in Zusammenarbeit mit