Watch breaking news videos and read news updates about Proxy on pionline.com
J.P. Morgan 's Dimon expected to keep chairman, CEO roles
J.P. Morgan Chase & Co. Chief Executive Officer Jamie Dimon won approval from investors to keep his chairman title in preliminary voting ahead of today's shareholder meeting, according to two people with knowledge of the tallies.
2 CF Industries social proposals break record for support
Two pension funds separately won record-high support for shareholder social proposals at any company. Both votes were for resolutions at CF Industries.
2 investors file proposal to separate chairman, CEO roles at News Corp.
Christian Brothers Investment Service and the C$96.7 billion (US$97.5 billion) British Columbia Investment Management Corp., Victoria, filed a joint shareholder proposal calling for establishment of an independent chairman of News Corp.'s board of directors.
Timken shareholders back CalSTRS' proposal to split company
Timken Co. shareholders Tuesday voted 53% in favor of a CalSTRS' proposal to split the company into separate steel and ball-bearing businesses, according to company proxy voting results.
Towers Watson: Shareholders ratify executive compensation at 91% clip
Shareholders have voted on average 91% to ratify executive compensation in non-binding say-pay-pay voting at U.S. companies so far this proxy season, up from 89% in all of 2012, according to a Towers Watson study of 333 companies in the Russell 3000 index from Jan. 1 through April 26 that was ...
New York State Common backs 2 shareholder proposals for Peabody
New York State Common Retirement Fund will support separate shareholder proposals at Peabody Energy backed by the AFL-CIO Reserve Fund and the AFSCME Employees Pension Plan.
Proxy voting system broken, concentrates power in proxy advisers — paper
The proxy voting system for pension funds and mutual funds is broken, with unintended consequences of regulations giving preferential treatment to proxy advisory firms, according to a paper from the Mercatus Center at George Mason University.
Heifer International Foundation looking for proxy voting service provider
Heifer International Foundation, Little Rock, Ark., is searching for a proxy voting service provider.
Say-on-pay votes expected to hold steady — study
Shareholders have voted on average 90% to ratify executive compensation in advisory say-on-pay voting so far this proxy season, up from the 89% in all of 2012, according to a Towers Watson study released April 1. The study looked at 151 companies in the Russell 3000 from Jan. 1 through March 22.
TIAA-CREF asks SEC for OK to skip vote on Israeli divestment
TIAA-CREF officials are asking the SEC to allow it to take no action on a shareholder proposal by activist group Jewish Voice for Peace that would require it to consider divesting from companies that contribute to violations of human rights, including companies whose business supports Israel's ...
Julius Baer shareholders vote 'no' on executive pay
Shareholders of Julius Baer Group Ltd., Switzerland's third-largest wealth manager, rejected the bank's 2012 remuneration report in a non-binding vote.
5 companies agree to disclose political spending after prodding from DiNapoli
New York State Common Retirement Fund, Albany, withdrew shareholder proposals at five companies after they agreed to disclose their corporate political spending, according to a statement from Thomas P. DiNapoli, New York state comptroller and sole trustee of the $152.9 billion pension fund.
Say-on-pay votes expected to hold steady this year, Towers Watson says
Shareholders have voted on average 90% to ratify executive compensation in advisory say-on-pay voting so far this proxy season, up from the 89% in all of 2012, according to a Towers Watson study released Monday
4 pension plans not following herd with proxy votes
Four major pension funds voted in opposition of more directors and other issues than shareholders in aggregate during the most recent proxy season.
New York State Common gets OK for Caterpillar proposal
New York State Common Retirement Fund, Albany, won approval to submit a shareholder proposal on Sudan business ties at Caterpillar Inc., after the company sought unsuccessfully to exclude it.