AT THE BELL
A Summer Update I
John Moten, IRC NIRI Chair SVP, Investor Relations Aventiv Technologies
t was great seeing many of you at the NIRI Annual Conference in San Francisco earlier this summer! For me, the NIRI Annual Conference is like a family reunion, that summer ritual that we attend each year. It is an opportunity to connect with colleagues, network, and take advantage
of the rich content offered at the conference. Tis year’s conference featured more than 135 speakers, 60 events, and 30 hours of educational
content. One of the conference highlights was a general session with SEC Commissioner Hester Peirce, who engaged in an informative and frank discussion of SEC policies and decision-making. I hope all of you will join us for next year’s NIRI 2025 Annual Conference June 1-3 in Boston. Similar to the NIRI Annual Conference, this issue of IR Update provides some great articles on the
latest trends in investor relations. Te article, “Wrapping Up a ‘Scattershot’ Proxy Season,” highlights the latest trends in proxy proposals, the early results of universal proxy cards, and emerging proxy proposals for disclosures related to artificial intelligence. One of the challenges of the investor relations function with companies is measuring impact.
Te article, “KPIs: Determining the Impact of your IR Initiatives,” provides a good framework for determining the KPIs of your IR program. As you would expect, it’s not just about measuring the share price but how to manage your key constituencies to determine performance measurement. Te investor relations officer (IRO) is often called the “CDO” or Chief Disclosure Officer because of the importance of providing transparency to stakeholders. In this issue of IR Update, two articles highlight the importance of disclosure. Te first article, “Putting NIRI Ethical Principles into Action,” is the first in a series that provides a real-life example of the importance of disclosure. Te second article on the recent Supreme Court ruling on 10b-5(b) on the omission of disclosure
was surprisingly interesting. (Here is a tip: read the article’s “Factual Background and Procedural History” first to provide the proper IR context). For me, the takeaway was that IR professionals should pay closer attention to risk disclosure in their public disclosures and SEC filings. Lastly, I invite each of you to attend our annual NIRI Legislative and Advocacy Fly-In in Wash-
ington, D.C., on September 19-20, 2024. Tis is an excellent opportunity to meet with legislators and regulators to advocate for issues critical to NIRI and the IR profession such as 13F reform. Enjoy your reading. IR
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S UMMER 2024 ■ IR UPDAT E
niri.org/ irupdate
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