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Jeff Smith: Activist Impact Beyond the Boardroom

Classroom
May 5, 2016
Chicago, IL


Overview

 

Widely known for winning board seats at target companies and upending boardroom dynamics, Jeff smith, co-founder and CEO of Starboard Value LP has been referred to as “the investor CEOs fear most” after taking boardroom control of Darden Restaurants while owning less than 10% of the company.  Yet he contends that activist' deeper impact is on company performance.  On May 5th Mr Smith will share his real world experiences with activism, boardroom responsibility and corporate value creation. 

 

NACD recognizes the importance of cultivating tomorrow’s directors today, therefore, this event is being presented as an "Open" event.   NACD Chapters may host up to two “Open” events per year that director-ready executives may attend outside of the regular “two-and join” policy.   Please go to the "About Us" tab on our home page for NACD's attendance policy.


Documents

 
  May 5th Flier
  May 5th Event Summary



Location and Time

 

The Chicago Club
81 E. Van Buren St.
Chicago, IL 60601


11:15 - 11:45 a.m. Registration and Networking

11:45 - 12:15 p.m. Lunch 

12:15 - 1:30 p.m. Program

 



Speaker Spotlight

 

Jeff Smith

Jeff Smith is a Managing Member, Chief Executive Officer, and Chief Investment Officer of Starboard Value LP. Starboard is a New York City based investment advisor with a focused, fundamental, and active approach to investing in U.S. publicly traded companies. Starboard has a 13 year track record and $5 billion in assets under management. Over the last decade, Starboard has been among the most active change agent investors in the world, having added or replaced approximately 150 board members on almost 50 different public company boards. Mr. Smith has served on many of these boards, including serving as chairman of the board of several companies and is currently Chairman of the Board of Darden Restaurants where Starboard successfully advocated for the replacement of Darden's entire board of directors in 2014. Starboard focuses on situations where it believes its strict discipline of Value, Plan, and Path and particular expertise in operational changes to improve cash flows can create substantial value. Starboard endeavors to substantially improve each company in which it invests through these operational changes. Mr. Smith graduated from The Wharton School of Business at The University of Pennsylvania, where he received a B.S. in Economics.

Accreditation

 

1 Credit




Question about this Event?

Contact Chicago Chapter 1154 Blue Larkspur, Naperville, IL, 60540 phone: 630-527-9579 email: Kathy@chicagonacd.org