Early Returns From The Annual Meeting Front: No Surprise; It’s All About The Money In 2009 Look Out Below… For Falling Directors
For openers, how about 100+ proposals for shareholders to have a “say on pay”?
The 2009 Proxy Season Overview: Much Bad Sailing… But Batten Down The Hatches For Worse Weather In 2010
The season opened with a big loud bang, when Bank of America’s chairman Ken Lewis was stripped of his chairmanship by a binding vote to separate the Chairman and CEO roles.
Investor Access To The Director Nominating And Voting Machinery: A Certainty For 2010?
We came away from the Society’s annual conference almost 100% certain that there would be “proxy access” in time for the 2010 meeting season.
A Few New Developments To Watch That Crossed Our Path This Season
A Delaware court ruled that a binding-bylaw proposal that would prohibit the company from seating any director who failed to achieve a majority vote in an uncontested election had to be included on the ballot at Trico Marine Corporation…
Our Last-Ditch Effort To Prevent The Federalization Of Shareholder Meetings
We Also Urge The SEC To Urgently Fix The Scandalous Defects In Our Old And Badly Broken “Proxy Plumbing” Systems Before Forging Ahead… And Tell Them How To Do It
A Postcard From Post-Recession America
An Interview with Eric van Aalst and Kevin Pezien of CITCO
SEC Proposes New Rules For “Notices” To Foster “Access”: We Tell You… And Them… What You Really Need To Do…
At long last, recognizing that under the current N&A “regime” issuers have lost fully one-half of the votes of individual investors that they’d been getting before N&A – but still insisting there might be “other explanations” for this coincident phenomenon –...
What’s The Climate For The SEC Online Proxy Rules? Hot, Hot, Hot.
By Rhoda Anderson, President, Rhoda Anderson Associates, and Co-Founder, EZOnlineDocuments It doesn’t seem so hard these days to forecast the climate at the SEC. With the financial “tsunami” of last year and an ongoing technology front fast moving in, it seems to be...
Commissioner To The SEC On Notice & Access – “Fix It Or Scrap It!” Shouldn’t It Be: “Beneficial Shareholder Voting – Fix It First”?
By T.L. Montrone, Chairman, President and CEO of Registrar and Transfer Company The SEC solicited comments on ways to improve Notice and Access (“N&A”) through a proposed rule-making published earlier this year. Concerned with the drastically reduced retail...
Failing Grades For The Pay Czar: “F’d” For Sure:
In our last issue we opined that a Pay-Czar was “probably NOT a good thing”…and his recent actions have proven us right
