September 2015
Arbor Advises Avis Budget (NASDAQ: CAR) on CEO Succession Plan
Arbor Advisory Group served as the communications advisor for the executive succession planning for Avis Budget. The company selected Larry D. De Shon as the Company's next chief executive officer, succeeding Ronald L. Nelson, who had held the position since 2006. Mr. De Shon, the Company's president, International, became president and chief operating officer effective October 1, 2015, and assumed the role of CEO on January 1, 2016. Mr. De Shon has also been appointed to the Board, effective October 1. Mr. Nelson, who became chairman of the board of Avis Budget Group in 2006, continued as executive chairman. The Company's senior executive vice president and chief financial officer, David B. Wyshner, became the Company's president, effective January 1, 2016.
July 2015
Arbor Advises TopBuild (NYSE: BLD) on its initial public offering (IPO) as a result of the spinoff from our client, Masco Corporation (NYSE: MAS)
Arbor Advisory Group served as the IPO advisor for TopBuild, the leading installer and distributor of insulation products to the United States construction industry. Arbor’s team worked closely with the parent company and the lead bankers to ensure a successful transition for TopBuild to become an independent public company. Most importantly, we focused a significant amount of effort on ensuring that Masco holders would also retain shares of TopBuild after the spinoff. The market capitalization gap between the two companies created risk of Masco investors not retaining TopBuild’s stock post spin. A comprehensive targeting plan was put in place to identify the shares at risk and potential new holders. Arbor implemented a strategy to meet with these key investors resulting in the majority of holders retaining the shares and creating stability in the Company’s valuation. Subsequent to the spin-off, Arbor managed TopBuild’s Investor Relations function prior to the hiring of a senior Investor Relations officer.
September 2014
Arbor Advisory Consulted Masco Corporation (NYSE: MAS) on Strategic Initiatives Announcement
Arbor Advisory Group has served as a consultant to Masco Corporation on it’s announcement of Strategic Initiatives to Drive Shareholder Value which includes the spinoff of it’s installation Services business, a 50 million share repurchase program and realignment of its corporate structure. Headquartered in Taylor, Michigan, Masco Corporation is one of the worlds leading manufacturers of home improvement and building products, as well as a leading provider of services that include the installation of insulation and other building products.
July 2014
Arbor Advises Realogy Holdings Corp. (NYSE: RLGY) on Acquisition of ZipRealty
Arbor Advisory Group has served as the advisor to Realogy Holdings in its announced acquisition of ZipRealty. Realogy Holdings Corp. (NYSE: RLGY) is a global leader in residential real estate franchising with company-owned real estate brokerage operations doing business under its franchise systems as well as relocation and title services. Realogy’s brands and business units include Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby’s International Realty®, NRT LLC, Cartus and Title Resource Group.
December 2015
Rivel Intelligence Council Conference
Sam Levenson, CEO of Arbor hosted a Fireside chat with the President and CEO of Spectra Energy Gregory L. Ebel. Mr. Ebel shared his journey from investor relations officer to CEO, his views on investor relations, corporate governance and activism
September 2014
Chicago, IL
National Investor Relations Institute
Chicago Chapter Workshop
Sam Levenson, CEO of Arbor moderated a panel of Board Directors at the NIRI – Chicago Workshop which discussed how Investor Relations executives can best serve Board members to fulfill their fiduciary duty to shareholders as they actively engage on shareholder concerns which include executive compensation, capital deployment and corporate governance
July 2014
Chicago, IL
Sam Levenson, CEO of Arbor joined Prat Bhatt, Chief Accounting Officer of Cisco Systems and Alan Meder, Senior Vice President of Duff & Phelps Investment Management Company in the featured video “Views from the FASAC” on the Financial Accounting Standards Board’s “FASB Outlook”
June 2014
New York, NY
Rivel Research Intelligence Council Conference
Sam Levenson, CEO of Arbor hosted a panel on Activist Shareholder defense strategies at the Rivel Intelligence Council Conference. In addition, he hosted a workshop on Investor Perception studies. For more information on Rivel Research Group and its Intelligence Council see www.rivel.com
November 2013
New York, NY
National Investor Relations Institute
Global Investor Relations Summit
Sam Levenson hosted two panel presentations at the Global Investor Relations Forum in New York City sponsored by the National Investor Relations Institute and Investor Relations Magazine. The panels were entitled “Working with the Sell Side” and “US Companies Marketing Abroad.”