Argo
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The proxy firm has found in favour of the Bermudian on the key director votes, but against CEO Mark Watson III’s remuneration. -
The advisory firm sees no case for a board sweep-out but criticises elements of Mark Watson's pay.
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A new presentation from Argo outlines its track record and criticises Voce for short-term approach.
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The activist investor upped the ante by pushing for asset sales as well as issuing a $100mn expense save target.
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The revelation of the existence of a penthouse threatens to tarnish the insurer's credibility as it heads into a proxy fight.
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CEO Mark Watson highlighted the importance of long-strategic thinking on the firm’s Q1 call amid activist pressure
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Newton Queiroz will take the helm at Argo Seguros next week, reporting to group head of Latin America Jorge Cazar.
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Voce has offered “no information” about how its board nominees would do a better job than those who currently have seats.
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The activist investor promises to publish its own blueprint for unlocking value at the insurer next week.
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The carrier claims representations made by activist Voce Capital demonstrate “a reckless disregard for the truth”.
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As the Argo-Voce skirmish nears its first checkpoint, a proxy vote, The Insurance Insider breaks down the state of affairs and speculates on paths forward.
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David Martin will report to deputy global reinsurance head Matthew Wilken.
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