By Jim Buckley
At the recently concluded NIRI National conference in Seattle, I was invited to moderate a panel entitled Communicating the Deal: How IR Can Drive Success. The session featured a seasoned cast of practitioners who have successfully navigated an assortment of M&A transactions ranging from strategic purchases and spinoffs to hostile takeovers and going private. Participants were treated to valuable insights, anecdotes and lessons learned from Andrew Kramer of Interactive Data Corporation, Brian McPeak of Owens Corning, John Chevalier of Procter & Gamble and Kristy Nicholas of Expedia.
Deals have begun to pick up momentum again in recent years, with the Institute of Mergers, Acquisitions and Alliances (a fabulous site if you need M&A data) estimating that there were approximately 15,000 deals in North America during 2011 amounting to $1.6 trillion. This is the equivalent of someone buying Apple, Exxon Mobil, Microsoft, Wal-Mart and General Electric – combined. Worldwide, that number rises to $5.1 trillion. Continue reading
Earlier this week I moderated a NIRI webinar with three senior-level investor relations officers representing the finance, real estate and retail industries. The panelists highlighted some new initiatives that IROs should consider in 2010 which, according to the Chinese calendar, is The Year of the Tiger. This just might have been the world’s only “Tiger”-related discussion in the past few weeks that had nothing to do with a certain golfer with a PR problem.
Within Chinese culture the number six is auspicious and considered good for business. So in keeping with this theme, here are six ideas that arose from the panel discussion that are worth considering as you develop your investor relations plan for the coming year. Continue reading
Sharon Merrill Associates (www.InvestorRelations.com) Executive Vice President David Calusdian and I recently presented on “The Dynamic World of Corporate Disclosure” at the National Investor Relations Institute’s (NIRI) “Introduction to Investor Relations” conference in Boston. NIRI holds this three-day event twice each year. Attendance typically numbers about 100 people and consists of new IR practitioners in various stages of their professional careers at companies of all sizes.
The fact that NIRI holds two such conferences each year is a testament to the growth of investor relations and the stature our field has achieved in corporations across America and the world. To be honest though, we were wondering how attendance would be affected by the recession. After all, the IPO market has not been a fertile breeding ground for new investor relations officers. And the lack of corporate growth in the past year and associated cutbacks has not lent itself to increasing IR budgets or staff. Continue reading