 Steven Balet |
Steven Balet, who was managing director at FTI Consulting Group’s strategic communications unit, is now New York managing director of Strategic Governance Advisors, which is affiliated with Sard Verbinnen & Co.
Prior to FTI, Balet headed his own firm and worked at Okapi Partners and MacKenzie Partners on proxy contests, mergers & acquisitions and various corporate governance matters.
Launched in 2017, SGA counsels boards and management on activism, messaging, takeover battles, compensation, shareholder engagement and messaging.
It handled ADP’s successful proxy contest defense against Pershing Square and EQT’s contested merger with Rice Energy.
Chris Cernich is SGA’s founding partner. Earlier, he did a six-year stint as managing director at Institutional Shareholders Services, where he analyzed and made recommendations on M&As, economic proposals and takeover fights involving DuPont, Canadian Pacific, Hess, Biogen Idec, Wynn Entertainment and MGM.
C Street Advisory handles iRobot Corp as the marketer of the Roomba autonomous vacuum cleaner files Chapter 11 after being squeezed by cheaper competitors.
Joele Frank represents Confluent Inc. as the Mountain View, CA-based data streaming platform company agrees to be acquired by IBM in a deal with an enterprise value of $11B.
Tom Johnson, who has headed H/Advisors Abernathy since 2016, will join FGS Global as global head of private capital & financial services, effective Dec. 16.
Brunswick Group and Gagnier Communications are handling Paramount’s $30 cash per-share offer for all of Warner Bros Discovery, topping Netflix $27.50 cash/stock transaction.
ICR Inc. handles communications for Enhanced Ltd, which plans to run Olympic-type competitions with athletes using performance-enhancing drugs, as it goes public in a SPAC deal valued at $1.2B via a merger with A Paradise Acquisition Corp. of Hong Kong.
