Proxy

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  1. Delaware County pension fund sues Simon Property over executive compensation

    trueSimon Property Group Inc., seeking to avoid investor litigation, earlier this year eliminated a $120 million stock award to David Simon, chairman and CEO, in favor of a performance-based bonus.

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  1. http://www.pionline.com/article/20140919/ONLINE/140919808/-1/ramp/

    trueThe CFA Institute on Friday called for the Securities and Exchange Commission to revive its proxy access rule, contending it would increase U.S. market capitalization by as much as $140.3 billion.

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  2. Investors seek political contribution disclosure, end to exec tax payment at FedEx

    trueFedEx Corp. shareholders face separate proxy proposals from the New York City Retirement Systems and the International Brotherhood of Teamsters General Fund, calling for, respectively, disclosure of the company's political contributions and an end to paying personal taxes executives own on the ...

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  3. Alliant shareholders reject firearms safety proposal filed by 2 pension funds

    trueAlliant Technologies Inc. shareholders Wednesday rejected by a 92.3% vote a shareholder proposal on firearms safety filed jointly by the New York State Common Retirement Fund and the Connecticut Retirement Plans & Trust Funds, a company SEC filing shows.

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  4. SEC says FedEx can drop Redskins question from proxy

    trueFedEx Corp. has won approval from the SEC to remove a shareholder proposal from its annual proxy asking the company to “respond to reputational damage from its association” with the Washington Redskins NFL franchise.

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  5. Proxy access support reaches new level

    trueMore proxy access proposals have won a majority level of shareholder support this year than in any other year, leading one asset owner executive to conjecture a tipping point has been reached in terms of investors and management embracing the concept.

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  6. Illinois State Board picks Glass Lewis for proxy voting

    trueIllinois State Board of Investment hired Glass Lewis & Co. for proxy-voting advisory services for domestic and international holdings.

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  7. Towers Watson: Executive compensation support unchanged so far in 2014

    trueSeventy-three percent of companies won at least 90% of the shareholder vote in support of their executive compensation practices based on results of 2,132 companies in the Russell 3000 index reporting results this year through June 20

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  8. Test of governance wills

    trueThere are good neighbors. Then there is Nabors Industries Inc.

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  9. Abercrombie & Fitch shareholders support proxy-access proposal

    trueAbercrombie & Fitch Co. shareholders Thursday approved by a vote of 55.3% in favor a proposal sponsored by the New York City Retirement Systems and two other pension funds, calling for proxy access to enable shareholders to nominate directors using corporate proxy materials.

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  10. Investors seek proxy proposal on FedEx damage from Washington Redskins association

    trueA group of FedEx Corp. investors is sending to the SEC on Friday a response to a no-action request by the Memphis, Tenn.-based company regarding the investors' shareholder proposal asking the company to “respond to reputational damage from its association” with the Washington Redskins National ...

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  11. Nabors Industries shareholders reject 3 director elections, executive pay packages

    trueNabors Industries Ltd. shareholders, bolstered by major pension funds, voted in the majority against the re-election of three directors, but the rest of the company's board voted unanimously to keep them on the board.

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  12. CalPERS' proxy proposal at Nabors wins majority support

    trueCalPERS' proposal at Nabors Industries calling for the company to change its proxy-voting counting to treat broker non-votes as having no impact won majority support from shareholders.

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  13. McDonald's shareholders ratify CEO's pay despite opposition by CalPERS

    trueMcDonald's Corp. shareholders on Thursday voted to ratify the compensation of Donald Thompson, president and CEO, and four other top executives by a 93.5% vote, despite opposition by CalPERS.

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