Category Archives: Corporate Governance

Last week Hewlett-Packard announced a major victory for activists and shareholders – acceptance of the proxy access rule.  What does that mean?  Well, in 2013, shareholders will be able to nominate members for the board of directors on the company’s proxy ballot.  This is a huge step for shareholders because proxy ballots usually only listContinue Reading

Last week our Corporate Governance Update covered CEO succession planning, a hot topic in the corporate governance world. According to a global survey of 1,300 companies, 98% of companies think a CEO succession plan is important, but only 35% currently have one in place.

Proxy season is just around the corner, and to get your palates whetted for the ballots to come, we’re serving up a little appetizer. On special: the Apple ballot, featuring four corporate governance shareholder resolutions.

Walgreens held their annual shareholder meeting last week in Chicago.  We covered Walgreens in last week’s Corporate Governance Update.  We pointed out that over the past three years Walgreens has faced shareholder resolutions that are hot topics in the corporate governance world.  For instance: Majority voting (2010) Performance-based compensation (2011) Executive equity retention (2012)

Earlier this week, MarketWatch featured a press release from The Association of BellTel Retirees, which represents over 230,000 Verizon retirees. Over the past 12 years, the group has played an active role in using their shareholder power and proxy votes to influence Verizon’s corporate governance policies. However, MarketWatch reports that the group’s present concern centersContinue Reading