MAJOR PROXY SOLICITORS WILL RECOMMEND OUR “VOTES HAVE VALUE” BOOKLET TO CLIENTS THIS SEASON
The OPTIMIZER is very pleased to announce that many of the best proxy solicitation firms will be recommending to clients that they use our educational booklet, “Shareholder Votes Have Value”© this season as part of the overall 2026 campaign - especially those with...THE RISKS OF LAWSUITS FROM “DISSED PROPONENTS” ARE REAL ONES, ISSUERS: DON’T LET MORE SHAREHOLDER DOLLARS GO TO WASTE, WE SAY, BUT STAND FIRM IF A PROPOSAL IS WEAK
The ink was hardly dry on the SEC release on no no-action letters when three thwarted proponents went to court to seek relief, as we predicted many would do. Four NYC public pension funds sued AT&T in New York federal court over its decision to exclude a workforce...Reinventing Proxy Voting: Empowering Shareholders in the Digital Era
Cathy H. Conlon Senior Vice President & General Manager, Disclosure, Broadridge Financial Solutions, Inc. A Brief Look Back A cornerstone of corporate governance is proxy voting – the main mechanism by which shareholders exercise their rights and influence how a...Podcast Alert: Annual Meeting Season 2026 — Expert Advice from Carl & Peder Hagberg
Carl and Peder Hagberg of The Shareholder Service OPTIMIZER join Meredith Ervine from TheCorporateCounsel.net to discuss proxy season risks, virtual meetings, and shareholder engagement for 2026. Listen to hear their insights on this year’s annual meeting season....Retail Investors Take the Mic: Engaging the Modern Shareholder
Retail Influence on the Rise The 2025 proxy season highlighted a paradox the OPTIMIZER has long noted: retail shareholders are more important than ever, yet remain seriously under-engaged when it comes to actually voting their proxies. At many large-cap companies,...2025 Was The 90th Anniversary Of The Proxy Solicitation Business: A Quick Look At The “Highlights And Lowlights” And A Closer Look At Where It Stands Today
It’s been 90 years since the Nye family turned its brokerage business, Georgeson & Co., into a “proxy-chasing business” in 1935 – a time when individual investments in stocks had become very big business and voted proxies were very much in demand at Shareholder...2025 MARKS THE 25TH ANNIVERSARY OF “NOTICE AND ACCESS” – THE BEST “PUSH-MODEL” EVER!
BILLIONS OF DOLLARS SAVED. BUT NOW, IT DESPERATELY NEEDS A FIX: A “PULL-MODEL” THAT WORKS – AND A RADICAL RE-ORDERING OF REQUIRED INFO Issuers of securities should be sounding big cheers for 25 years of Notice and Access – which has saved tens of billions of dollars...Turmoil In Proxy Land: Why It’s More Important Than Ever To Have Truly Expert Outside Counsel On Your Team
In our 30+ years of deep involvement in shareholder meetings, proxy voting, proxy contests, shareholder activism, and corporate governance in general, we have NEVER seen an environment as volatile or as consequential as the one corporate issuers will face in 2026....Turmoil In The Corporate Counsel Community
The Bloomberg Rankings Reveal Some Major Surprises – And Lots Of Surprisingly Missing Names On The Law Firm Side Of Proxy Fights… where, it should be noted, the lawyers are often instrumental in choosing the proxy solicitor… and some old-guard leaders are currently on...Turmoil – And A Scary Amount Of Cluelessness – At The Sec
Senior members of the SEC seem to be hell-bent on a mission to totally demolish the regulatory framework that has been evolving since the Great Depression: As we noted in our last issue, Chairman Paul Atkins is laboring under the incredibly ill-informed idea that the...SEC Chair Drops Three Bombshells: Questions Precatory Proposals and Defers to State Laws Like Texas’s $1M Threshold — The End of Proxy Regulation as We Know It?
In his Keynote Address at the John L. Weinberg Center for Corporate Governance’s 25th Anniversary Gala on Oct. 9, 2025. SEC Chairman Paul S. Atkins started off on a high note: “I am delighted to discuss one of my top priorities as Chairman, which is to make being a...Just In Time For Folks Who Think That Shareholder Votes Have No Value… “Mercury Vote” Also Begs To Differ
Thanks much to our colleagues and friends Pat Tracey and Andy Wilcox, who alerted us to the Mercury Vote website, advising that: “We are an auction marketplace that empowers shareholders to generate extra revenue by selling their unused proxy voting...Exxon Mobil Launches Program Allowing Retail Shareholders To Issue “Standing Voting Instructions.” A Potential Game-Changer… Or A Major Flop Ahead?
It seems that every law firm in the country has been summarizing Exxon Mobil’s attempted vote-getting effort, speculating that others will follow suit and offering pointers on what to watch for and what to do. We, however, as 60+ year observers of actual U.S. proxy...DEI And Anti-DEI Proposals In 2025 – And The Outlook For 2026
An April 14 report from the Conference Board (where most Russell 3000 companies had already filed 2025 proxy materials) showed a precipitous drop in Pro-DEI proposals – no big surprise in today’s environment – and a foretaste of what’s to come in 2026 we feel certain....A Quick Overview Of A Greatly Improved 2025 AGM Environment – And The Outlook For 2026
An ISS analysis of shareholder meetings held from January 1 through June 30 shows a big drop in Shareholder Proposal Submissions for the 2025 Annual Meeting Season: 782 submissions at Russell 3000 companies – down sharply from 906 in ’24 – with nearly a quarter of...Start Preparing For Your 2026 AGM Now!
Yes, we know it’s mid-summer, but now really is the time to start thinking about your 2025 Annual Meeting, while you have a bit of idle time to reflect on what worked well – and not so well in 2025 – both at your company and at other companies like your own – and to...Annual Meeting Season is Here – Are You Ready?
Get the full transcript from the April 2, 2025, webinar hosted by TheCorporateCounsel.net: “Conduct of the Annual Meeting” As corporate governance continues to evolve in response to shifting regulatory landscapes and rising shareholder expectations, now is the time to...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...Take Ownership of Your Governance: Don’t Wait for Activists to Start the Conversation
Navigating M&A and Shareholder Activism: Key Insights for 2025 Co-Editor Peder Hagberg interviews Bob Marese, President of MacKenzie Partners, on current trends in mergers and acquisitions, shareholder engagement, activism, and effective board governance heading...Leveling the Playing Field of Corporate and Shareholder Transparency
A Call to Action from Joseph Caruso, CEO, Alliance Advisors Joe Caruso: Over the past few years, there’s been a growing call for greater corporate transparency, especially from government agencies, institutional investors, and proxy advisory firms. But are we really...Reflections on “Engaging with Investors”
Over the Past 30+ Years – And Advice for Effectively Engaging Now – From Two Pioneers of Good Corporate Governance When we announced the theme for this year’s Special Supplement to the OPTIMIZER—our thirtieth edition—one of our advertisers noted that “thirty years...Top Takeaways From The 2024 “Big Meeting Season”
INVESTORS DON’T CARE ABOUT “TOO-HIGH CEO PAY” – At least as long as they themselves are in the black – witness the strong support the move to have shareholders ratify Elon Musk’s massive award of options racked up after a Delaware judge ruled it was wrongly awarded by...Podcast Alert: Annual Meeting Season 2026 — Expert Advice from Carl & Peder Hagberg
Carl and Peder Hagberg of The Shareholder Service OPTIMIZER join Meredith Ervine from TheCorporateCounsel.net to discuss proxy season risks, virtual meetings, and shareholder engagement for 2026.
Listen to hear their insights on this year’s annual meeting season.