Tis intriguing scene is from the 1956 movie,


“Te Solid Gold Cadillac,” starring Judy Hol- liday as Laura Partridge. Te film was ahead of its time, showcasing how an annual meeting can transform from a regulatory requirement into a battle of wits between management and shareholders. Fast forward to today, and this year’s proxy


season is poised to be just as thrilling. With rapid regulatory shifts, 2025 annual meetings will be a battleground of ideas and innovations.


A Brief History – What Happened in 2024 Before delving into this year’s proxy sea- son, let’s discuss some trends we saw in 2024. According to a report published in February 2025 by Te Conference Board and ESGAUGE, “2025 Proxy Season Preview,” there were a record number of shareholder activist campaigns in 2024, with the number of activ- ist campaigns amongst the Russell 3000 nearly doubling over the past three years. Te number of shareholder pro-


posals increased by 27% over the same period. Ariane Marchis-Mouren, Senior Governance Researcher at The


ni ri .org/ irupdate


IR UPDAT E ■ S P R I NG 20 2 5


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