Institutional Investors Promise To Monitor And Act On VSMs That Short-Circuit Investor Participation

As the big Spring Shareholder Meeting Season begins we want to renew our warnings that “Big Brother is watching” – and rightly so, we say - to be sure that all shareholders are given a fair chance - not just to listen passively, but to be HEARD at VSMs – AND that they...

Awful Advice On VSMs From A Big T-A: Take It At Your Peril

In the run-up to the annual podcast covering “The Conduct of the Annual Meeting,” a prospective attendee wrote in to ask if they could pre-record their entire Meeting, and to answer only pre-recorded questions, saying that their transfer agent (one of the biggest...

A Quick Review Of The Apple VSM (We Were Pretty Happy Until We Realized We’d Been Snookered)

In keeping with our plans to tune in and review more VSMs this year we were happy to attend Apple’s nice (and early, for West-Coasters) Feb. 25th Meeting, held at 8:00 a.m. Pacific time; 11:00 Eastern. Apple is one of our top-two investments – with an amazing...

Drops In Retail Investor Voting Continue: A Four-Alarm Fire, We Say – Start Now On Plans To Do Better

We have been writing about the drop in retail investor voting ever since the Notice and Access model went into effect. We have no beef with the IDEA behind the “model” – which has saved literally billions of dollars for issuers – but we can see that it has become a...

A Few “Early Returns” From the Annual Meeting Front… And Maybe A Late-Breaking Shocker

Let’s start with the potential shocker: Just as we were locking up this issue came news from Vanguard, which is rolling out a new policy to vote in most cases against directors who hold two or more board seats in addition to their own company’s seat…starting now. We haven’t seen firm numbers yet on just how many director candidates will be affected – but we guess there will be a lot.

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People: 2018Q4

Donna Ackerly, who had, for many years, been one of the busiest, most popular and most client-oriented people at Georgeson, has signed-on as a Senior Vice President - Business Development at Laurel Hill Advisors. We are so happy for Donna, and for Laurel Hill as well,...

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