Proxy

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  1. SEC round-table panelists debate necessity for universal proxy ballot

    trueCorporations should adopt a universal proxy ballot enabling shareholders to vote for both management and activist nominees for boards of directors on the same voting card, Anne Simpson, senior portfolio manager and director of global governance at CalPERS, said Thursday as a panelist for an SEC ...

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  1. 5 companies to disclose political spending following New York State Common proposals

    trueFive companies in the portfolio of the New York State Common Retirement Fund have agreed to disclose their political spending.

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  2. Shell endorses shareholder proposal on climate risk disclosure

    trueRoyal Dutch Shell PLC on Thursday endorsed a shareholder proposal at the company filed by a group of global pension funds and other institutional investors calling for more disclosure by the company on climate risk.

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  3. Pension fund managers push Oracle on several shareholder issues

    truePGGM NV and RPMI Railpen called on Oracle Corp. to implement proxy access, adopt an executive compensation structure shareholders can support and develop a policy to allow shareholders to communicate directly with the board.

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  4. Pension funds, asset owners file BP shareholder proposal on climate change risk

    trueA group of more than 150 global pension funds and other assets owners on Wednesday co-filed a shareholders proposal at BP PLC, calling for the company to assess and manage the risk of climate change on its business, including reforming executive compensation incentives, said members of the ...

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  5. SEC to revisit proxy access conflict rule

    trueThe SEC will revisit proxy rules that allow companies to exclude shareholder proposals that are in direct conflict with management proposals, Chairwoman Mary Jo White said.

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  6. SEC prioritizes market risks for 2015, will continue to review private equity fees

    trueSEC compliance officials will spend 2015 focused on protecting retail investors' retirement savings and assessing market risks

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  7. Former SEC chairman calls agency's proxy guidance a 'positive first step'

    trueSEC staff guidance on proxy voting and the use of proxy advisory firms “is a rich opportunity for public companies to take the initiative back,” former SEC Chairman Harvey Pitt said Wednesday.

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  8. Shareholders propose that Exxon Mobil return capital to offset climate change risk

    trueA shareholder proposal filed Tuesday calls for Exxon Mobil Corp. to return capital to shareholders to protect investor value from potential risk of stranded fossil-fuel assets from climate change disruption.

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  9. CalPERS supports 85% of management proposals in Q3

    trueCalPERS voted on 10,937 resolutions (10,895 management and 42 shareowner), supporting 85% of management and 64% of shareowner proposals in the quarter. Those figures were little changed from the previous quarter, when support levels were 85% and 64%, respectively.

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  10. Proxy solicitation firm Okapi Partners hires managing director

    trueTony Vecchio joined Okapi Partners as managing director, spokesman Zach Kouwe said.

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  11. NYC comptroller targets 75 companies in groundbreaking proxy access initiative

    trueNew York City Retirement Systems filed proxy access proposals with 75 companies, the largest such initiative to give shareholders a greater voice in nominating members of corporate boards of directors, said a news release Thursday from Scott M. Stringer, New York City comptroller, who oversees the ...

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  12. Oracle shareholders narrowly reject proxy access proposal

    trueOracle Corp. shareholders Wednesday rejected a proposal co-sponsored by CalSTRS calling for proxy access.

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  13. The market is ready for proxy access

    trueIt is time for the Securities and Exchange Commission to propose proxy access again.  

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