CCMP's Brenneman on the Battle for Control at ADP

The video discusses a proxy battle between ADP's current management and Bill Ackman's Pershing Square, which holds a significant stake in the company. Shareholder advisory firms have mixed recommendations, with some supporting Ackman's ideas. An interview with Greg Brenneman provides insights into the board dynamics and voting options. The video also evaluates Carlos Rodriguez's leadership at ADP.

What percentage of the company does Bill Ackman's Pershing Square hold?

• 10%

• 5%

• 1%

• 2%

Which director did ISS recommend shareholders withhold their vote for?

• Greg Brenneman

• Eric Fast

• Bill Ackman

• Carlos Rodriguez

What was one of Bill Ackman's ideas discussed in the board meeting?

• Reducing workforce

• Increasing dividends

• Acquiring new companies

• Margin expansion

What analogy did Greg Brenneman use to describe the voting situation?

• A puzzle

• A chess game

• A multiple choice exam

• A marathon

Who led the search committee that selected Carlos Rodriguez as CEO?

• Carlos Rodriguez

• Eric Fast

• Greg Brenneman

• Bill Ackman