Top Stories
Top Stories
Deaths

Shareholder activist Evelyn Y. Davis dies at 89

Key Points
  • 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.
  • Davis, who was born in Amsterdam, the Netherlands in 1929, died Sunday in Washington.
  • 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.
Shareholder activist Evelyn Y. Davis, speaks at a roundtable on director nominations at the Securities and Exchange Commission in Washington, DC, March 10, 2004.
Jay Mallin | Bloomberg | Getty Images

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.

Next Article
Key Points
  • Earnings gains have been around 25 percent for the first three quarters of 2018, a trend that is likely to slow just a bit in the fourth quarter.
  • A profits peak, likely to occur as 2019 comes around, is often the signal of a correction or bear market.
  • CFRA strategist Sam Stovall thinks a deeper market correction is likely, but does not see a bear taking hold.