Congratulations to Ele Klein, chair of the M&A and Securities Group and co-chair of the global Shareholder Activism Group, on being named a 2022 Dealmaker of the Year for his work on the largest Activist campaign in history, advising Engine No. 1 in connection with the groundbreaking election of three directors to the Exxon Mobil board of directors.
“The Exxon campaign was a watershed moment,” said Klein, on representing Engine No. 1 in the groundbreaking proxy fight. “It was ESG activism, but it was also traditional activist activity. Engine No. 1 engaged with Exxon because it was a company that was underperforming. But it had also a very important overlay of ESG issues.”
David Swift, Engine No. 1’s Chief Operating Officer, noted that “His legal insights and thought leadership were instrumental for us.”
Read Ele’s profile discussing this historic moment in investor campaigns for change at major international corporations in The American Lawyer's 2022 Dealmakers of the Year.