Tag: shareholder votes
ISS advocates AGM vote abstention for ex-Carillion audit chair Andrew Dougal
Governance adviser ISS recommends to clients they abstain from voting in favour of Andrew Dougal’s reappointment at Victrex, until his role in Carillion’s collapse is clarified.
US watchdog raises hurdle for shareholder votes
Guidance from the US financial watchdog widens the use of a rule which allows companies to exclude shareholder proposals, potentially making it easier for companies to resist votes on social or ethical grounds.
Give investors a greater say on executive pay
Even non-binding shareholder votes on CEO pay improve firm performance and shareholder value.
Hellawell narrowly retains Sports Direct chair after shareholder vote
Despite vocal opposition from major shareholders leading up to Sports Direct’s AGM, Keith Hellawell is narrowly re-elected as Sports Direct chairman.
Institutions oppose Sports Direct chairman’s reappointment
A number of major institutional shareholders, consultancies and lobbyists are against the reappointment of Sports Direct chairman Keith Hellawell, who is prepared to stand down on their say-so at the impending crunch vote.
Shareholder displeasure against S&P500 directors reaches high level
Withholding of votes reaches peak level, sending a signal that shareholders are unhappy with S&P500 directors.
Business bodies welcome government consultation on UK governance
Open nature of governance reform proposals welcomed by business bodies, which maintain some opposition to publishing executive pay ratios.