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27 Jan 2009, 7:02 am
Occidental Petroleum, which has faced shareholder dissent over its pay practices, has agreed to hold an advisory vote on compensation at its 2010 annual meeting and support federal "say on pay" legislation. [read post]
25 Jan 2012, 12:54 pm by Ted Allen
In what may be the first failed say-on-pay vote of 2012, Actuant Corp. reported that it did not receive majority support for its executive compensation practices at its Jan. 10 annual meeting. [read post]
8 May 2007, 9:17 am
A group of 50 European institutional investors have reached a $352.6 million settlement with Royal Dutch Shell over the petroleum company's statements about its oil and gas reserves. [read post]
18 Aug 2011, 10:49 am by Ted Allen
If you are one of the many who have already responded to ISS' 2011 Policy Survey, we thank you for your input. [read post]
20 Apr 2007, 7:39 am
A proxy access proposal filed by the California Public Employees' Retirement System will be on the ballot May 29 at UnitedHealth Group after the pension fund agreed to make it a non-binding resolution. [read post]
27 Apr 2007, 9:56 am
In a ground-breaking development, Comverse Technology has adopted a proxy access bylaw, a move that may encourage other companies to consider creating mechanisms to allow investors to nominate directors to appear on corporate ballots. [read post]
18 Oct 2011, 1:28 pm by Ted Allen
Earlier today, ISS announced the opening of its annual comment period for its 2012 proxy voting policies. [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]
28 Sep 2011, 11:02 am by Ted Allen
Given the time and cost involved for institutional investors to cast proxy votes at thousands of companies each year, should states allow issuers to hold shareholder meetings less frequently? [read post]
16 Mar 2007, 9:00 am
At Hewlett-Packard this week, a proxy access proposal won 43 percent support from investors in the first vote on the issue this year. [read post]
9 Feb 2011, 12:24 pm by Ted Allen
At its Feb. 2 annual meeting, Beazer Homes USA received 53.7 percent opposition to its executive compensation practices amid apparent investor concerns over pay for performance. [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]
9 Sep 2011, 1:37 pm by Ted Allen
Investors have recently learned that another state, Iowa, has adopted a law that mandates classified boards.Earlier this year, state lawmakers approved an amendment to the Iowa Business Corporations Act (IBCA) that requires public companies with more than 2,000 shareholders to maintain staggered board terms until Dec. 31, 2014. [read post]
26 Sep 2011, 8:13 am by Ted Allen
Earlier today, the California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS) announced that they would start accepting submissions to their new Diverse Director DataSource, which also is known as 3D. [read post]
24 Jun 2010, 9:03 pm by Ted Allen
After back-and-forth negotiations and new offers from both sides, House and Senate negotiators finally reached a compromise Thursday night on the contentious proxy access language in the financial reform bill, according to news reports. [read post]
16 Feb 2012, 1:23 pm by Ted Allen
ISS' Securities Class Action Services has scheduled a webinar on the noteworthy Converium Holding AG case in the Netherlands. [read post]