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23 Sep 2010, 9:02 am by Ted Allen
Oshkosh Corp., a Wisconsin-based maker of specialty vehicles and vehicle bodies, said this week that it plans to appoint an independent chairman after CEO and Chairman Robert Bohn retires at the end of this year. [read post]
21 Sep 2010, 5:00 am by Doug Cornelius
Sources: Implementating Dodd-Frank Wall Street Reform and Consumer Protection Act — Upcoming Activity from the SEC Dodd-Frank Wall Street Reform and Consumer Protection Act from OpenCongress.org The SEC Releases a Timetable for Dodd-Frank Rulemaking by Ted Allen in the RiskMetrics Group’ Insight [read post]
9 Sep 2010, 4:24 am by Broc Romanek
Proxy Access: The Latest Reactions to the New Rules Ted Allen also does a good job in this blog illustrating some of the views on both sides of the debate over whether proxy access is a good thing and whether its adopted formula will work. [read post]
6 Sep 2010, 12:29 pm by Stephen Bilkis
The National Enquirer is being sued because it published stories about Ted Kennedy and a woman named Caroline Bilodeau-Allen which she claims are completely inaccurate and false. [read post]
1 Sep 2010, 1:44 pm by Ted Allen
The Council of Institutional Investors (CII), which represents public, labor, and corporate pension funds, has released a new white paper on the issue of client-directed voting (CDV), which is being considered by the SEC during its review of proxy voting mechanics. [read post]
19 Aug 2010, 8:51 am by Ted Allen
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]
16 Aug 2010, 2:28 pm by Ted Allen
A Massachusetts pension fund has filed a derivative lawsuit against Hewlett-Packard’s board members and former CEO that seeks an independent board chairman, three shareholder-nominated directors, and other novel governance changes. [read post]
12 Aug 2010, 1:34 pm by Ted Allen
The Florida State Board of Administration (SBA), which oversees the state's $140 billion retirement system, is urging mid-cap and small-cap firms to adopt majority voting bylaws.The SBA has begun a two-part campaign directed at companies that don't require directors to receive majority support in uncontested elections. [read post]
10 Aug 2010, 10:42 am by Ted Allen
The issue of succession planning is getting more attention again after last week’s sudden ouster of Hewlett-Packard Chairman and CEO Mark Hurd, and activist investors plan to file more shareholder proposals on this topic in 2011.HP announced Friday that Hurd resigned and was replaced by Catherine A. [read post]
7 Aug 2010, 5:07 am by pete.black@gmail.com (Peter Black)
"Ted Olson On Fox News Sunday" http://j.mp/aCb17B Pavlov’s Cat criticises the media's performance in this campaign ... [read post]
6 Aug 2010, 8:12 am by Ted Allen
Three months after fending off a shareholder revolt, Massey Energy is taking more steps to improve its governance practices. [read post]
5 Aug 2010, 4:45 am by By DEALBOOK
Philanthropist David Rockefeller, Ronald Perelman, Larry Ellison, Sanford Weill, Ted Turner and Paul Allen joined a pledge started by Warren Buffett for billionaires to give more than half their wealth to charity, Bloomberg News reported. [read post]
3 Aug 2010, 10:18 am by Ted Allen
The California State Teachers’ Retirement System (CalSTRS) and Relational Investors are threatening to wage a proxy fight at Occidental Petroleum over the oil company’s compensation practices and the board’s failure to abide by its retirement policy or announce a succession plan for its long-serving chief executive and chairman. [read post]