Rockefellers Want Change at Exxon
April 29, 2008 by Joseph McCafferty
An independent chairman and a greater role for the board of directors at Exxon Mobil are among the changes being sought by the Rockefeller family, the longest continuous shareholder in the oil company.
April 29, 2008 by Joseph McCafferty
An independent chairman and a greater role for the board of directors at Exxon Mobil are among the changes being sought by the Rockefeller family, the longest continuous shareholder in the oil company.
Yearly Director Elections Rejected
April 18, 2008 by Joseph McCafferty
A shareholder resolution calling for directors to be elected each year was rejected on Wednesday at Commerce Bancshares Inc.’s annual meeting. The proposal, submitted by Gerald Armstrong, received a 45 percent vote in favor for the proposal.
April 18, 2008 by Joseph McCafferty
A shareholder resolution calling for directors to be elected each year was rejected on Wednesday at Commerce Bancshares Inc.’s annual meeting. The proposal, submitted by Gerald Armstrong, received a 45 percent vote in favor for the proposal.
Yahoo to Meet with Microsoft
April 14, 2008 by Joseph McCafferty
Yahoo's board of directors so far has made no decision on a suitor but did not make a decision to schedule meetings, expected this week, with Microsoft and Time Warner.
April 14, 2008 by Joseph McCafferty
Yahoo's board of directors so far has made no decision on a suitor but did not make a decision to schedule meetings, expected this week, with Microsoft and Time Warner.
Judge Approves Tyson Settlement
April 9, 2008 by Joseph McCafferty
A Chancery Court judge yesterday approved a settlement in a shareholder stock options backdating lawsuit against directors and executives of Tyson Foods.
April 9, 2008 by Joseph McCafferty
A Chancery Court judge yesterday approved a settlement in a shareholder stock options backdating lawsuit against directors and executives of Tyson Foods.
Morgan Stanley Loses Fund Support
April 7, 2008 by Joseph McCafferty
The California State Teachers’ Retirement System,Morgan Stanley,board of directors,John J. Mack
April 7, 2008 by Joseph McCafferty
The California State Teachers’ Retirement System,Morgan Stanley,board of directors,John J. Mack
Sempra Board Adopts Revised Voting Requirements
December 6, 2007 by Joseph McCafferty
The board of directors of Sempra Energy has amended its bylaws to require that directors be elected by a majority vote in uncontested elections. The board also adopted amendments to the company's articles of incorporation to eliminate supermajority requirements for shareholder approvals. Both measures are subject to approval by shareholders at the annual meeting and require an affirmative vote by two-thirds of the outstanding shares.
December 6, 2007 by Joseph McCafferty
The board of directors of Sempra Energy has amended its bylaws to require that directors be elected by a majority vote in uncontested elections. The board also adopted amendments to the company's articles of incorporation to eliminate supermajority requirements for shareholder approvals. Both measures are subject to approval by shareholders at the annual meeting and require an affirmative vote by two-thirds of the outstanding shares.
WCI Board Agrees to Forgo Compensation in Wake of Market Downturn
November 9, 2007 by Joseph McCafferty
The board of directors of WCI Communities has agreed to significantly reduce its compensation.
November 9, 2007 by Joseph McCafferty
The board of directors of WCI Communities has agreed to significantly reduce its compensation.
Verizon to Give Shareholders Say on Pay
November 2, 2007 by Joseph McCafferty
Verizon’s board of directors yesterday adopted a policy that will give the phone company’s shareholders an annual non-binding vote on top executives’ pay packages, making it the second U.S. public company to institute the so-called “say on pay” vote.
November 2, 2007 by Joseph McCafferty
Verizon’s board of directors yesterday adopted a policy that will give the phone company’s shareholders an annual non-binding vote on top executives’ pay packages, making it the second U.S. public company to institute the so-called “say on pay” vote.
The Chairman
June 1, 2007 by Jeffrey M. Cunningham
The Massachusetts representative believes in the collective wisdom of the market.
June 1, 2007 by Jeffrey M. Cunningham
The Massachusetts representative believes in the collective wisdom of the market.