John Flannery, GE

10 October, 2017

GE chairman appoints activist investor representative onto board

An activist investor representative has joined the board of GE, as new chairman and CEO John Flannery (pictured) drives more boardroom change at the industrial products giant. Ed Garden, chief inve...
climate change, environment, cracked earth

21 April, 2017

Environmental concerns dominate US shareholder proposals

Environmental concerns top the list of reasons for shareholder proposals in the US, a review of investor activism in the 2016 proxy season has found. The research,

9 September, 2015

Buffett backs BofA’s dual CEO/chairman role

Warren Buffett has given his backing to Bank of America’s Brian Moynihan remaining in the dual role of chief executive and chairman. The intervention is the latest twist in the saga of Moynihan...

8 September, 2015

Swiss court backs sale of Sika stake to Saint-Gobain

The family controlling Sika has claimed a legal victory over the Bill and Melinda Gates Foundation and Cascade Investment, which challenged plans to sell the Swiss chemicals company to France’s Sain...

2 September, 2015

Tesco forced to offer workers concessions

Earlier this year the supermarket said it would be closing its defined benefit (DB) pension scheme and would replace it with a defined contribution scheme. It has now been forced to increase the ma...

13 August, 2015

Investors take a stand on climate change

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Statoil, Troll A oil platform

12 August, 2015

Investor giant’s fresh focus on governance

At a value of £563bn ($880bn) Norway’s state oil fund is a leviathan of sovereign wealth funds, with a reported average shareholding of 1.3% in every listed company in the world. The minority st...
Tokyo skyline, Japan

16 June, 2015

Toyota takes flack for new class of stock

Carmaker Toyota has won approval for a new class of stock that critics complain is not in the spirit of Japanese corporate governance reforms intended to strengthen the role of shareholders. Known ...

16 June, 2015

Planned succession at record levels

The number of CEOs forced out of their jobs at the world’s top 2,500 companies has dropped significantly, while “planned succession” reached record levels in 2014, according to consultants. W...

11 June, 2015

Activists focus on pay

A report in The Wall Street Journal claims that activists are targeting companies where executives have been rewarded for building scale over profits. The paper cites the example of Marat...