April 1,2008 by Matt Perkins No assembly required for these board meetings. Using what have been dubbed “board portals,” either created in-house or by outside providers, some directors are virtually moving the board process online. Full Story
February 1,2008 by Matt Perkins David Novak hasn’t exactly led a charmed life. He grew up in trailer parks, sold encyclopedias door to door, and worked as a night clerk in a run-down hotel. If that’s not bad enough, he is the guy behind Crystal Pepsi, which Time magazine called one of the worst new-product ideas of the twentieth century. Full Story
February 1,2008 by Matt Perkins The most combative proxy season to date may lie ahead in the coming months. Now that the Securities and Exchange Commission (SEC) has decided to restrict shareholder access to proxies for at least another year, it’s more than likely that investors at some companies will attempt an end run by proposing a record number of proxy-ballot initiatives. Full Story
December 1,2007 by Matt Perkins This past summer, the Securities and Exchange Commission proposed two rules on shareholder proxy access with opposing aims: One provides for greater access to ballots, while the other upholds the status quo of restricting access. Together, the initiatives received more than 34,000 comment letters. Full Story