Oct 1, 2020 | 2019, 2019 Q1, History, Issues, Proxy
Following the announcement that EQ, the relatively new owners of Wells Fargo Shareholder Services was entering the proxy solicitation business, our good friend, loyal reader and fellow history lover Michael Mackey, President of Alliance Advisors, sent us an outline of the many comings and goings there have been in this fascinating and hotly contested space.
May 30, 2019 | 2019, 2019 Q1, Issues, People
George H. Beehler, a longtime printing salesman at Security Bank Note Company – who was lucky enough to retire when stock certificates were still a big business – passed away on March 26 at the age of 92. George was one of the longest-serving members of the old Corporate Transfer Agents Association – and he remained active until fairly recently in its new incarnation as the Shareholder Services Association as well. According to SSA guru Jimmy Smith,
May 30, 2019 | 2019, 2019 Q1, Issues, Proxy
That’s the allegation from our friend and frequent noisemaker Gary Lutin, following the announcement of a new service, posted to the Harvard Governance Blog by Katherine Rabin, Glass, Lewis & Co., on Sunday, March 31, 2019…just in time for Lutin’s April Fool’s Day re-post and riposte.
May 30, 2019 | 2019, 2019 Q1, Board Services & Tools, Issues
Two developments this quarter convinced us that companies should be taking a fresh look at the Board Portals they are using…and how, exactly, Directors are thinking about them…and using them…or not….
May 30, 2019 | 2019, 2019 Q1, Employee Stock Ownership, Issues
We literally jerked to attention when we saw the news on page-one of the WSJ that Morgan Stanley is acquiring Solium Capital, Inc. – a Canadian firm “which manages the stock that employees receive as part of their pay”… for a whopping $900 million … “the largest takeover by any Wall Street firm since the [financial industry] crisis.”
May 30, 2019 | 2019, 2019 Q1, Annual Meetings, Issues
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.
Apr 30, 2019 | 2019, 2019 Q1, Issues, Transfer Agents
Right now, most of our readers are up to their eyeballs in Annual Meeting-related activities…So it might seem weird to run this article right now.
Apr 30, 2019 | 2019, 2019 Q1, Issues, Transfer Agents
Ordinarily, we lead off the 1st quarter issue with our “Early Returns” from the Annual Meeting front. But since our last update on the Transfer Agency world in our year-end Special Supplement - focusing on “Transforming Shareholder Relations” - there has been an...
