A Quick Primer On Tabulating And Reporting Voting Results
The first commandment when it comes to tabulating and reporting Meeting results is this: “Always prove every item to the Quorum”
The first commandment when it comes to tabulating and reporting Meeting results is this: “Always prove every item to the Quorum”
Another of our very favorite topics has jumped to the forefront this season: We’ve been warning year after year about the need to be sure that you have the proper authority to adjourn your annual or special meeting…
When announcing results at the meeting, the best practice is to stick tightly to the numbers.
Our Top “Practical Tips” On What To Do… To Head-Off A Potentially Career-Ending Snafu
Unless you’ve been living under a rock somewhere, you know of course that NYSE Rule 452, aka the “broker-may-vote rule”, aka the “ten-day-rule”
For openers, how about 100+ proposals for shareholders to have a “say on pay”?
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.
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…
In a move that was mighty hard for followers of the current credit market mess to miss – but one that warrants additional notice, we think – Regions Financial Corp. took four full pages of the March 18th Wall Street Journal – the first page in impossible-to-ignore chartreuse, which added even more big money to the big media ‘buy’ – to reprint the first four pages of its Annual Report.
It’s that time again, for one of our longest-running and most-read columns…And this year, emulating those “bests” and avoiding those “worsts” seems more important than ever.
Let’s take our own advice and cut straight to the chase: WHY is it the best annual meeting we’ve ever been to? Three big reasons; it’s a huge moneymaker for Berkshire Hathaway shareholders…it treats shareholders with the total respect they deserve…and…it’s a ton of fun.
Wow, we noticed… it’s been 10 years since we listed our top-ten proofreading tips… tips which several readers told us they had tacked to their walls.
The first thing to catch our eye; the number of “official proxy fights” already underway is 33% higher than last year ’s previously record-breaking rate
Every year around this time we try to reflect on the Spring Annual Meeting Season – to try to make some sense out of all the things we saw, and heard, and read…
By Rhoda Anderson, President, Rhoda Anderson Associates, and Co-Founder, EZOnlineDocuments
An Interview with Richard C. Ferlauto, Director Corporate Governance and Pension Investment, American Federation of State, County and Municipal Employees, AFL-CIO