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24 Jun 2010, 11:22 am by Ted Allen
As expected, the U.S. financial reform bill won't include a requirement for companies to have a majority voting threshold in uncontested board elections.Rep. [read post]
24 Jun 2010, 7:46 am by Ted Allen
During negotiations today on financial reform legislation, House lawmakers formally rejected a Senate proposal to impose a 5 percent ownership threshold and a two-year holding period on investors who seek to use a proposed SEC proxy access rule to nominate board candidates.Instead, House lawmakers proposed to insert instructions in the bill to direct the SEC to consider the need for a holding period and a minimum ownership stake. [read post]
23 Jun 2010, 6:40 am by Broc Romanek
Senate Agrees to Shareholder Votes on Golden Parachutes In the ISS Blog, Ted Allen reported last night: During negotiations on financial reform legislation on Tuesday, U.S. [read post]
23 Jun 2010, 4:04 am by Broc Romanek
In the ISS Blog, Ted Allen reported last night: During negotiations on financial reform legislation on Tuesday, U.S. [read post]
22 Jun 2010, 10:34 am by Ted Allen
As negotiations resumed today on U.S. financial reform legislation, the two lead negotiators--Rep. [read post]
21 Jun 2010, 11:57 am by Ted Allen
With negotiations on financial reform legislation set to resume Tuesday, investor advocates are urging U.S. lawmakers and the Obama administration to oppose a Senate proposal to impose a 5 percent ownership requirement on shareholders who would seek to use proxy access to nominate board candidates. [read post]
19 Jun 2010, 4:14 pm by Michael McCann
Keynote speakers include: Harry Edwards [Professor Emeritus of Sociology, UC Berkeley], Susan Cahn [Professor of History, SUNY Buffalo], Ted Fay, [Professor of Sport Management, Center for Sport in Society, SUNY-Cortland], Allen Sack [Professor, Institute for Sports Management, University of New Haven].Other invited speakers include: Pat Griffin [Professor Emerita in Social Justice Education, UMass Amherst], Louis Harrison [Professor, College of Education, UTexas Austin], Albert… [read post]
18 Jun 2010, 11:17 am by Ted Allen
Chesapeake Energy is the latest company to face an investor protest over compensation this proxy season. [read post]
17 Jun 2010, 4:51 am by Broc Romanek
A Lot of House-Senate Reconciliation Action on Governance Provisions: A Partial Skinny Ted Allen of ISS does a great job of recapping the results of yesterday's marathon negotiations over the regulatory reform bill's governance provisions in this blog that he wrote at 12:30 am. [read post]
16 Jun 2010, 9:34 pm by Ted Allen
During joint House-Senate negotiations on Wednesday evening over financial reform legislation, Senator Christopher Dodd, the lead Senate negotiator, said Senate conferees had agreed to drop a provision to require public companies to have a majority voting threshold in uncontested director elections. [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]
15 Jun 2010, 10:14 am by Ted Allen
After complaints from investors, Devon Energy has dropped its procedural objections to a shareholder proposal that seeks to repeal the company’s supermajority rules in favor a simple majority standard. [read post]
9 Jun 2010, 10:18 am by Ted Allen
U.S. lawmakers are to meet Thursday to start negotiating over the differences between the House and Senate bills on financial reform. [read post]
3 Jun 2010, 11:51 am by Ted Allen
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]
3 Jun 2010, 6:18 am by Gritsforbreakfast
Hutchinson, of Allen, has been in the Collin County Jail since April 1 on felony charges including making false statements for property credit, credit card abuse, theft and impersonating a lawyer. [read post]
2 Jun 2010, 12:10 pm by Ted Allen
Two compensation committee members at Nabors Industries received about 48 percent opposition at the company’s annual meeting on Tuesday, according to the American Federation of State, County, and Municipal Employees (AFSCME), which waged a “vote no” campaign against the two directors. [read post]
28 May 2010, 8:11 am by Ted Allen
Overall, support for shareholder "say on pay" proposals seeking annual advisory votes has remained robust this season, but has declined slightly from last year.As of May 26, pay vote proposals were averaging 44.5 percent support (based on votes "for" and "against") at 32 companies, according to ISS data. [read post]