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19 Apr 2011, 7:41 pm by Ted Allen
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]
24 May 2011, 1:32 pm by Ted Allen
The board at HSN has refused to accept the resignation of a director who received less than majority support from investors. [read post]
1 Jul 2009, 9:49 am
By a 3-2 vote, the SEC today approved a long-anticipated New York Stock Exchange proposal to bar brokers from casting uninstructed client shares in uncontested director elections. [read post]
4 Mar 2010, 10:29 am by Ted Allen
Seven more large-cap firms have agreed to hold advisory votes on executive compensation, according to “say on pay” proponents. [read post]
15 Jun 2010, 1:49 pm by Ted Allen
Executive compensation and investor protection will be among the topics under discussion when U.S. [read post]
1 Jun 2011, 3:40 pm by Ted Allen
A shareholder proposal seeking an investor vote on future “golden parachute” arrangements earned 57.8 percent support (based on votes cast “for” and “against”) at the May 27 annual meeting of Lowe’s Companies.The proposal was filed by the Trowel Trades S&P 500 Index Fund, which is seeking a vote on future severance arrangements that would provide benefits that exceed 2.99 times the sum of the executive’s base salary plus bonus. [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]
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]
12 Jul 2010, 1:01 pm by Ted Allen
Earlier today, Senator Scott Brown, a Republican from Massachusetts, said he would support the latest version of the financial regulatory reform bill. [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]
26 Apr 2011, 6:39 pm by Ted Allen
On Tuesday, Navigant Consulting reported that it received just 44.8 percent support during its advisory vote on compensation. [read post]