NEW YORK, Sept 8(Reuters) - Computershare ( CMSQF ) is
launching an investor engagement business and hired a JPMorgan
Chase ( JPM ) executive at a time corporate management teams are
looking for more advice on how to handle shareholder relations,
including demands for improvements, the global financial
services company said.
Computershare's ( CMSQF ) new investor engagement business will
include providing information on who is buying or selling a
client company's equity and debt, as well as investor relations
and services from Georgeson Advisory, which offers strategic
counsel to boards and governance teams, the company said. It
will be run by Kirsten van Rooijen and will incorporate services
from Computershare's ( CMSQF ) recent acquisitions of CMi2i and ingage.
Its service will include helping companies to detect
whether an activist is moving into their stock, aligning
corporate strategy with investor expectations, and offering
advice in times of crisis such as a board fight.
Aaron Bertinetti, who previously worked at JPMorgan ( JPM ) and
proxy advisory firm Glass, Lewis, joined the company to lead the
new business in North America.
At JPMorgan Chase ( JPM ) he was Managing Director, Investor
Relations, and Head of ESG, and at Glass, Lewis he led the
global research and corporate advisory practice and headed the
M&A and activism team.
Demand for these services is rising among corporations,
analysts have said, as more shareholders want management teams
to perform better and are pushing for changes that could include
replacing directors or even selling the company.