Donald Brydon, LSE

16 November, 2017

LSE row prompts demand for CEO confidentiality waiver

Pressure on the board of the London Stock Exchange (LSE) over the departure of chief executive Xavier Rolet has ramped up again after a key investor wrote to the group’s chairman demanding that a co...
Xavier Rolet, London Stock Exchange

7 November, 2017

LSE clashes with shareholders over governance of CEO departure

The London Stock Exchange (LSE) was yesterday forced to defend the handling of its CEO's departure, saying that it had followed "a proper governance process". The statement followed a letter from a...
Snap, Snapchat, non-voting shares

3 November, 2017

MSCI extends investigation of non-voting shares

MSCI, the research house and equity index provider, is to broaden its investigation of non-voting shares. The indexer launched a consultation on unequal voting rights in June this year following Sn...
SEC, Securities and Exchange Commission

3 November, 2017

US watchdog raises hurdle for shareholder votes

The Securities and Exchange Commission (SEC), the US financial watchdog, has beefed up the guidance for shareholder proposals, potentially making it easier for companies to resist votes on social or e...
City of London

18 September, 2017

UK companies face higher risk of activist action

UK companies are 32% more likely to be targeted by activist investors than European counterparts, according to the latest research from professional services firm Alvarez & Marsal (A&M). Th...

6 September, 2017

Air France-KLM hunts for female director after shareholder protest

Shareholders of Air France-KLM agreed on Monday to deepen its cooperation with Delta Air Lines and China Eastern, but shareholders also insisted that the company chooses a female for one of its newly ...
Sports Direct, Keith Hellawell

4 August, 2017

Major investors ditch Sports Direct holdings as governance concerns continue

Major investors have divested their holdings in Sports Direct, as the retailer continues to battle to convince the markets that it has improved its governance. Standard Life has sold its 5.8% holdi...

25 July, 2017

AkzoNobel told new CEO Thierry Vanlancker’s position ‘untenable’

AkzoNobel, the makers of Dulux paint, has come under attack once again from hedge fund Elliott Advisors with claims that the position of the company's newly appointed chief executive is "untenable". ...
The Sims, Electronic Arts

24 July, 2017

Advisors recommend vote against The Sims chairman

Shareholders have been advised to vote against the reappointment of the chairman of computer games maker Electronic Arts Inc., the company behind international hits such as The Sims and the FIFA footb...
Tokyo, Japan, Japan's boards

21 July, 2017

Poll shows Japanese boards hesitate to increase shareholder returns

Less than one-third of Japanese boards are planning to increase shareholder returns this year, although their cash balances are at record highs, according to a new poll from Reuters. This comes at ...