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Shareholder activist Evelyn Y. Davis dies at 89

Brash shareholder activist Evelyn Davis, publisher of "Highlights and Lowlights" corporate newsletter, dies at 89

Reported by: AP Published on: November 05, 2018 23:00 IST
Shareholder activist Evelyn Y. Davis dies at 89
Image Source : AP Shareholder activist Evelyn Y. Davis dies at 89

WASHINGTON (AP) — The brash shareholder activist Evelyn Y. Davis, who owned stock in more than 80 public companies and rarely failed to make her presence known at corporate-investor meetings, has died. She was 89.

Davis attended shareholders meetings religiously for decades. She fought for lower CEO pay, more disclosure on political spending and a multitude of other shareholder causes.

She was just as likely to compliment a CEO on his good looks as to berate him, and many knew her by name.

She wore a bathing suit to the General Motors meeting in 1970, donned hot pants at a different one, and wore a bandolier to another.

Davis, who was born in Amsterdam, the Netherlands in 1929, died Sunday in Washington.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.
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