WisdomTree Files Preliminary Proxy Statement
WisdomTree has filed preliminary proxy materials for its 2023 Annual Meeting of Stockholders, allowing stockholders to elect six nominees to its Board of Directors. These nominees possess extensive experience in finance and technology, critical for the company's strategic objectives. Notably, the Board aims to enhance its diversity and refresh its composition, having added five new directors since January 2021.
Among the nominees is Shamla Naidoo, an expert in cybersecurity and digital innovation, who aligns with WisdomTree's expansion into digital financial services. The company currently manages approximately $91.9 billion in assets. In contrast, ETFS Capital, a stockholder, has nominated three individuals to the Board, which WisdomTree's Board deems unsuitable. Proxy voting will allow stockholders to choose representatives to guide the company's future.
- Nominees bring extensive financial and technical expertise.
- WisdomTree Board's commitment to diversity and board refreshment.
- Addition of Shamla Naidoo aligns with strategic digital initiatives.
- Continued growth with approximately $91.9 billion in assets under management.
- ETFS Capital's nominees deemed unsuitable by the Board.
- Potential conflicts of interest with ETFS Capital's chairman.
Stockholders
Proxy Statement Highlights WisdomTree’s Continued Commitment to Board Refreshment and Diversity
The Board’s six highly qualified nominees standing for election bring extensive experience relevant to WisdomTree’s business strategy, including global financial, accounting, compliance, cybersecurity and digital expertise, and many years in senior leadership positions in the investment management and financial services industry:
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Lynn S. Blake : New independent director sinceMay 2022 with decades of experience in the ETF industry, asset management and ESG -
Daniela Mielke : New independent director sinceSeptember 2022 with decades of experience growing financial services, payments and fintech companies -
Shamla Naidoo : New independent director nominee who will bring to WisdomTree deep expertise in digital transformation and cybersecurity -
Win Neuger : Independent investor and consultant who contributes to the Board a stockholder perspective with investment expertise -
Frank Salerno : Independent Chair of the Board who possesses extensive corporate governance and asset management expertise -
Jonathan Steinberg : CEO and Founder of WisdomTree, responsible for the creation and development of WisdomTree’s proprietary index methodology, and growing the Company into a leading global financial innovator with approximately in assets under management$91.9 billion
In the preliminary proxy statement, the Company describes the expertise and background of its nominees standing for election, and outlines the significant efforts taken by the Board and its
Shamla has helped organizations in over 20 countries recognize the impact of digital transformation globally and advise their stakeholders on predicting and navigating the necessary changes in laws and regulations. In addition, she has worked with intelligence communities to use digital and cyber within their organizations to protect businesses and society from technology misuse.
WisdomTree stockholder
Under the SEC’s universal proxy card rules, the WisdomTree nominees will appear on the Company’s proxy card along with the three individuals nominated by dissident stockholder
Advisors
About WisdomTree
WisdomTree is a global financial innovator, offering a well-diversified suite of exchange-traded products (ETPs), models and solutions. We empower investors to shape their future and support financial professionals to better serve their clients and grow their businesses. WisdomTree is leveraging the latest financial infrastructure to create products that provide access, transparency and an enhanced user experience. Building on our heritage of innovation, we are also developing next-generation digital products and structures, including digital funds and tokenized assets, as well as our blockchain-native digital wallet, WisdomTree Prime™.
WisdomTree currently has approximately
WisdomTree® is the marketing name for
Cautionary Statement Regarding Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are identified by use of the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “should,” “views,” and similar expressions. Any forward-looking statements contained herein are based on current expectations, but are subject to risks and uncertainties that could cause actual results to differ materially from those indicated, including, but not limited to, the impact and contributions of the slate of director nominees WisdomTree has nominated, and WisdomTree’s ability to achieve its financial and business plans, goals and objectives and drive stockholder value, including with respect to its ability to successfully implement its strategy relating to WisdomTree Prime™, and other risk factors discussed from time to time in WisdomTree’s filings with the
Important Additional Information and Where to Find It
WisdomTree intends to file a proxy statement on Schedule 14A, an accompanying WHITE proxy card and other relevant documents with the
Certain Information Regarding Participants in the Solicitation
WisdomTree, its directors and certain of its executive officers may be deemed participants in the solicitation of proxies from WisdomTree stockholders by WisdomTree in connection with matters to be considered at WisdomTree’s 2023 Annual Meeting. Information regarding the direct and indirect interests, by security holdings or otherwise, of WisdomTree’s directors and executive officers, in WisdomTree is included in WisdomTree’s definitive proxy statement on Schedule 14A for its 2022 annual meeting of stockholders, filed with the
Category: Business Update
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Investor Relations
+1.646.522.2602
Jeremy.campbell@wisdomtree.com
or
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jsalzberger@innisfreema.com / swinter@innisfreema.com
Media Relations
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or
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jeremy.jacobs@h-advisors.global / dana.gorman@h-advisors.global
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FAQ
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