Schulte Roth & Zabel LLP represented the D. E. Shaw group in its agreement with FedEx Corporation to add three new independent directors to the FedEx Board of Directors. FedEx also announced other steps, including a dividend increase, enhancements to its executive compensation arrangements and changes to significant Board committees.
The Schulte team advising the D. E. Shaw group was led by partner Ele Klein, chair of the firm’s M&A and Securities Group and co-chair of its global Shareholder Activism Group. The team also included associates Brandon Gold, Sean Brownridge and Abraham Schwartz.
Read the Wall Street Journal article here.