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4 May 2010, 1:15 pm
Motorola received just 46 percent support during an advisory vote on its executive pay practices, according to investors who attended the company’s May 3 annual meeting.The vote marks the first time that a U.S. company has failed to earn majority support from shareholders during a non-binding vote on compensation. [read post]
25 May 2010, 8:47 am
U.S. [read post]
14 Jul 2010, 11:52 am
Earlier today, the SEC voted 5-0 to seek public comment on a wide range of issues concerning the U.S. proxy voting system. [read post]
22 Jul 2011, 10:08 am
In a setback for activist investors, a federal appeals court has struck down the Securities and Exchange Commission's controversial proxy access rule. [read post]
16 Feb 2007, 7:48 am
An institutional investor group is voicing concern over the U.S. [read post]
26 Feb 2009, 11:22 am
In another significant development, the Securities and Exchange Commission has confirmed that hundreds of federally supported financial companies must hold their first "say on pay" votes this year. [read post]
23 Dec 2011, 7:18 am
As part of its transparent annual policy development process, ISS has posted additional 2012 policy materials on its Policy Gateway. [read post]
25 Mar 2011, 7:09 am
On March 30, the U.S. [read post]
5 Apr 2011, 1:49 pm
The European Commission today released a green paper on corporate governance reforms. [read post]
6 Feb 2012, 7:20 am
In a significant development, Hewlett-Packard Co. has agreed to put a proxy access bylaw proposal on its ballot in 2013. [read post]
4 Sep 2009, 7:30 am
On Sept. 3, the leaders of the United Kingdom, France, and Germany issued a joint letter calling for “binding rules” to regulate bankers’ compensation. [read post]
4 May 2011, 3:03 pm
Stewart Information Services has become the 13th U.S. company to fail to win majority support during a "say on pay" vote this year.At the Houston-based company's April 29 annual meeting, there was 47.8 percent support for the firm's pay practices. [read post]
18 Jan 2012, 1:36 pm
In response to a shareholder proposal, KSW has adopted a proxy access bylaw that requires investors to hold at least a 5 percent stake for one year to nominate board candidates. [read post]
19 Oct 2007, 8:12 am
Securities and Exchange Commission Chairman Christopher Cox still plans to hold a vote on a competing set of proxy access rules in November, even though the SEC likely won't have a full slate of commissioners. [read post]
24 Feb 2011, 1:26 pm
Investors continue to support annual advisory votes on executive compensation by a 2-to-1 margin over a triennial frequency, according to ISS data as of Feb. 23, which includes vote results from 13 S&P 500 and 40 Russell 3000 companies. [read post]
19 Aug 2010, 8:51 am
The Delaware Supreme Court has upheld a Chancery Court judge’s dismissal of a Michigan pension fund’s lawsuit over a board’s refusal to accept the resignations of majority-opposed directors. [read post]
30 Jun 2011, 6:32 am
In response to shareholder demands, online auction giant eBay has agreed to reduce a supermajority requirement and move toward board declassification. [read post]
9 Mar 2012, 10:18 am
The staff of the Securities and Exchange Commission has rejected a no-action request by Western Union to omit Norges Bank Investment Management's proxy access proposal.The company argued that the Norges' proposal was "materially false and misleading" because it referred to a Norges website that was yet not in operation. [read post]
17 Apr 2012, 1:48 pm
At its annual meeting on Tuesday, Citigroup reported that it failed to win majority approval from investors for its executive compensation practices. [read post]
