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19 Apr 2011, 7:41 pm
The AFL-CIO has launched the 2011 version of its Executive PayWatch Web site and is urging investors to help rein in CEO pay by participating in the advisory votes on compensation that all large and mid-cap companies will hold this year. [read post]
12 Jun 2009, 12:40 pm
The CtW Investment Group has called on the board at Pulte Homes to reverse its decision to seat three directors--Debra J. [read post]
18 Aug 2010, 8:11 am
The U.S. [read post]
9 May 2011, 11:38 am
The American Federation of State, County, and Municipal Employees and RAM Trust are urging investors to vote against the pay practices of ExxonMobil at the oil giant’s May 25 meeting. [read post]
17 Feb 2012, 1:22 pm
Earlier this week, Western Union announced that it would offer a management proposal to declassify its board at next annual meeting. [read post]
26 Jul 2010, 9:38 am
On Tuesday, the U.S. [read post]
4 Feb 2010, 11:38 am
Bank of America has agreed to pay a $150 million fine and adopt governance reforms, including an annual advisory vote on compensation, to resolve the U.S. [read post]
13 Jul 2010, 8:29 am
U.S. [read post]
26 Dec 2006, 6:42 am
A federal judge has dismissed claims by Enron investors against Alliance Capital Management that arose from the service of Alliance executive Frank Savage on the energy company's board. [read post]
26 Apr 2011, 6:39 pm
On Tuesday, Navigant Consulting reported that it received just 44.8 percent support during its advisory vote on compensation. [read post]
22 Feb 2010, 12:30 pm
The Council of Institutional Investors (CII) is asking its members to lobby Senate Banking Committee members to keep proxy access and majority voting provisions in the financial reform legislation that is now before the panel.Senator Christopher Dodd, who chairs the committee, is expected to release a revised draft of legislation, the “Restoring American Financial Stability Act of 2009,” later this week, according to CII. [read post]
3 Jun 2010, 11:51 am
Once again, Wal-Mart Stores, the world's largest retailer, is a magnet for shareholder activism.Six investor proposals on a variety of governance and social topics will be on the ballot when the Arkansas-based company holds its annual meeting on Friday. [read post]
1 Aug 2008, 2:30 pm
In a July 22 speech to the U.S. [read post]
18 Jun 2010, 11:17 am
Chesapeake Energy is the latest company to face an investor protest over compensation this proxy season. [read post]
29 Aug 2008, 3:28 pm
New York Attorney Andrew Cuomo announced an agreement with Xcel Energy for the utility firm to provide more disclosure to investors on the financial risks of climate change. [read post]
14 Jan 2011, 7:44 am
Apple is the among the high-profile U.S. companies that are recommending support for an annual advisory vote on executive compensation.The California-based technology company, which plans to hold its annual meeting on Feb. 23, announced its frequency recommendation in its proxy materials. [read post]
22 May 2007, 9:22 am
A close director vote at CVS/Caremark is fueling investor demands for the Securities and Exchange Commission to approve a New York Stock Exchange rule change to bar brokers from casting uninstructed investor votes in board elections. [read post]
17 Feb 2011, 4:20 pm
So far, investors at U.S. issuers are supporting annual advisory votes on compensation by a 2-to-1 margin over a triennial frequency, according to ISS data, which includes vote results from 13 S&P 500 and 31 Russell 3000 companies.Pursuant to the Dodd-Frank Act, all large and mid-cap U.S. companies (with meetings after Jan. 21) will have to ask their investors this year to indicate whether they prefer annual, biennial, or triennial votes on compensation. [read post]
8 Dec 2011, 6:19 am
ISS has named Yovanka Bylander as its new Head of Securities Class Action Services. [read post]
13 Mar 2007, 9:31 am
On March 14, investors will finally have a chance to vote on proxy access. [read post]