May 21, 2024 | 2024, Featured, Investor Relations, Issues, Q1
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...
May 21, 2024 | 2024, Activist Investors, Featured, Issues, Q1
Activist investor Michael Levin and the editor of The Activist Investor (TAI) - inspired by the Tesla-proposed settlement of Musk’s comp-case to allow a (non-binding) vote on DIRECTOR COMPENSATION has since filed binding bylaw proposals to require shareholder approval...
May 21, 2024 | 2024, Featured, Issues, Proxy, Q1
Initially, we were sort of on board with the lawsuits Exxon filed against two shareholder proponents to ‘teach them a lesson’ to be more thoughtful about filing shareholder proposals. And yes, we are very much in sympathy with the idea that there are way too many...
May 2, 2024 | 2024, Annual Meetings, Featured, Issues, Q1
The Walt Disney Company released the official vote counts on April 4th from its 2024 meeting of shareholders held April 3rd - much faster than it usually takes to do so, we were happy to note - where they said “investors decisively defeated” the campaign by activist...
