Showing posts with label Okapi Partners. Show all posts
Showing posts with label Okapi Partners. Show all posts

Tuesday, August 10, 2010

Geoff Sorbello to Okapi

Sorbello, who has been with ISS/RiskMetrics, is the new hire at Okapi Partners.

In a statement yesterday, Sorbello said, "During my seven-plus years at ISS, I had the privilege of working with many of the world's best advisors on shareholder rights issues, proxy contests and [mergers & acquisitions]. I look forward to adding to Okapi Partner's existing expertise and stellar reputation."

Okapi is a proxy solicitation firm launched a little more than two years ago -- in February 2008 -- by Bruce H. Goldfarb and Patrick J. McHugh.

At that time, Goldfarb said: "Companies and their investors are increasingly recognizing the need for more proactive strategies and tactics to influence the outcome of shareholder votes. In this environment, Okapi Partners is well-positioned to provide senior-level attention and conflict- free advice to our clients."

I hate the word "proactive," but it seems to be unstoppable at this point anyway.

An urgent question: why do they call themselves Okapi? It's the name of a girafe-like animal. But with a shorter neck. What does that have to do with proxy solicitation. Damned if I know.