Companies Ignore ‘Say on Pay’ Votes
July 23, 2008 by Joseph McCafferty
Two-thirds of companies do not adopt "Say on Pay" even after a majority of shareholders support it with proxy votes, according to a recent study.
July 23, 2008 by Joseph McCafferty
Two-thirds of companies do not adopt "Say on Pay" even after a majority of shareholders support it with proxy votes, according to a recent study.
The Eight Habits of Effective Compensation Committees
July 23, 2008 by Joseph McCafferty
Compensation committees are under the microscope as shareholders, customers, and presidential hopefuls criticize what they feel to be exorbant pay packages for executives. Richard V. Smith, senior vice president and Jason Adwin, senior consultant, at Sibson Consulting, offer "8 Habits of Highly Effective Compensation Committees" to cope.
July 23, 2008 by Joseph McCafferty
Compensation committees are under the microscope as shareholders, customers, and presidential hopefuls criticize what they feel to be exorbant pay packages for executives. Richard V. Smith, senior vice president and Jason Adwin, senior consultant, at Sibson Consulting, offer "8 Habits of Highly Effective Compensation Committees" to cope.
J-H Adopts Majority Voting
July 22, 2008 by Joseph McCafferty
Nearly a year after it elected to separate the roles of its chairman and CEO, the board of Jackson Hewitt will ask shareholders to weigh in on whether it should adopt majority voting, declassify the board, and give them a say on pay.
July 22, 2008 by Joseph McCafferty
Nearly a year after it elected to separate the roles of its chairman and CEO, the board of Jackson Hewitt will ask shareholders to weigh in on whether it should adopt majority voting, declassify the board, and give them a say on pay.
McCain Camp Evasive on Say on Pay
July 14, 2008 by Joseph McCafferty
With presidential campaigns in full-swing, both Senator Barack Obama and John McCain have voiced their dissatisfaction with what they believe to be excessive executive compensation. The mortgage-crisis of last summer prompted Obama to propose the Shareholder Vote on Executive Compensation Act. McCain has yet to clarify whether he supports the bill.
July 14, 2008 by Joseph McCafferty
With presidential campaigns in full-swing, both Senator Barack Obama and John McCain have voiced their dissatisfaction with what they believe to be excessive executive compensation. The mortgage-crisis of last summer prompted Obama to propose the Shareholder Vote on Executive Compensation Act. McCain has yet to clarify whether he supports the bill.
Governance Clean-Up at H&R Block
June 18, 2008 by Joseph McCafferty
Corporate governance changes announced yesterday by H&R Block include dropping its poidon pill, reducing the size of its board, and giving shareholders a non-binding say-on-pay vote starting with its 2008 annual meeting.
June 18, 2008 by Joseph McCafferty
Corporate governance changes announced yesterday by H&R Block include dropping its poidon pill, reducing the size of its board, and giving shareholders a non-binding say-on-pay vote starting with its 2008 annual meeting.
Presidential Candidates Back Say on Pay
June 11, 2008 by Joseph McCafferty
CEO compensation has become a hot topic on the political campaign trail as both Republican White House candidate, John McCain, and Democratic candidate, Barack Obama, take on the issue of CEO pay and severance packages.
June 11, 2008 by Joseph McCafferty
CEO compensation has become a hot topic on the political campaign trail as both Republican White House candidate, John McCain, and Democratic candidate, Barack Obama, take on the issue of CEO pay and severance packages.
Activists As Sharks, Wolves, Jaguars?
June 9, 2008 by Joseph McCafferty
Being prepared is key for companies facing aggressive tactics from hedge funds or individuals.
June 9, 2008 by Joseph McCafferty
Being prepared is key for companies facing aggressive tactics from hedge funds or individuals.
Viewpoint: If You Can’t Beat ‘Em…
June 5, 2008 by Aaron Bernstein
Executive compensation and perceived abuses of the system by some companies have continued to put compensation committees under the microscope.
June 5, 2008 by Aaron Bernstein
Executive compensation and perceived abuses of the system by some companies have continued to put compensation committees under the microscope.
Protesters Picket WellPoint AGM
May 22, 2008 by Joseph McCafferty
WellPoint's annual shareholder meeting held yesterday was greeted by a group of protestors after a proposal for "say on pay" was rejected.
May 22, 2008 by Joseph McCafferty
WellPoint's annual shareholder meeting held yesterday was greeted by a group of protestors after a proposal for "say on pay" was rejected.
HSBC Exec Pay in Crosshairs
May 20, 2008 by Joseph McCafferty
The pressure to downsize the pay packages of directors at HSBC, Europe's largest bank, is intensifying as its annual meeting draws near.
May 20, 2008 by Joseph McCafferty
The pressure to downsize the pay packages of directors at HSBC, Europe's largest bank, is intensifying as its annual meeting draws near.
Group Formed to Fight Laws on Pay
May 19, 2008 by Joseph McCafferty
Seen as a potential rival to the Business Roundtable, a group of 36 Fortune 100 companies have assembled a new lobbying group called the Center for Executive Compensation in preparation for what many believe will be more efforts to regulate compensation.
May 19, 2008 by Joseph McCafferty
Seen as a potential rival to the Business Roundtable, a group of 36 Fortune 100 companies have assembled a new lobbying group called the Center for Executive Compensation in preparation for what many believe will be more efforts to regulate compensation.
Exxon to Shareholders: Just Say No
May 13, 2008 by Joseph McCafferty
In advance of its annual meeting and apparently spurred by media coverage, Exxon Mobil is stepping up its campaign to shareholders urging them to vote no on resolutions that would give shareholders a say on pay and split the role of the chairman and chief executive.
May 13, 2008 by Joseph McCafferty
In advance of its annual meeting and apparently spurred by media coverage, Exxon Mobil is stepping up its campaign to shareholders urging them to vote no on resolutions that would give shareholders a say on pay and split the role of the chairman and chief executive.
DuPont Shareholders Reject Say on Pay
May 2, 2008 by Joseph McCafferty
Shareholders narrowly rejected a shareholder proposal to having an advisory vote on executive compensation.
May 2, 2008 by Joseph McCafferty
Shareholders narrowly rejected a shareholder proposal to having an advisory vote on executive compensation.
Aflac’s Amos: ‘If It’s Broke, Fix It’
April 18, 2008 by Joseph McCafferty
Aflac CEO Dan Amos tells shareholders they can expect changes to the insurer's compensation process if they reject his pay package in what is the only U.S. say-on-pay vote this year.
April 18, 2008 by Joseph McCafferty
Aflac CEO Dan Amos tells shareholders they can expect changes to the insurer's compensation process if they reject his pay package in what is the only U.S. say-on-pay vote this year.
Obama Presses for Say on Pay
April 14, 2008 by Joseph McCafferty
Presidential candidate Barack Obama ratcheted up his support for Say on Pay and called on Congress to pass legislation he has co-sponsored that would give shareholders a non-binding vote on executive compensation.
April 14, 2008 by Joseph McCafferty
Presidential candidate Barack Obama ratcheted up his support for Say on Pay and called on Congress to pass legislation he has co-sponsored that would give shareholders a non-binding vote on executive compensation.
Morgan Stanley Board Re-Elected
April 9, 2008 by Joseph McCafferty
Morgan Stanley shareholders re-elect CEO John Mack, ratify supermajority voting proposal, and turn down "say-on-pay" initiative.
April 9, 2008 by Joseph McCafferty
Morgan Stanley shareholders re-elect CEO John Mack, ratify supermajority voting proposal, and turn down "say-on-pay" initiative.
Revving Up Performance Pay
April 1, 2008 by Yale D. Tauber
Large institutional investors are pushing public companies to take a page from the private-equity playbook.
April 1, 2008 by Yale D. Tauber
Large institutional investors are pushing public companies to take a page from the private-equity playbook.
Top 10 Topics for Directors
February 20, 2008 by Joseph McCafferty
Here are 10 key issues that gathered steam in 2007 and promise to impact the professional lives of board members this year, compiled by law firm Akin Gump Strauss, Hauer & Feld.
February 20, 2008 by Joseph McCafferty
Here are 10 key issues that gathered steam in 2007 and promise to impact the professional lives of board members this year, compiled by law firm Akin Gump Strauss, Hauer & Feld.
Investors Select Over 90 Targets for Adoption of ‘Say on Pay’ Proposals
January 30, 2008 by Joseph McCafferty
More than 90 companies are facing resolutions regarding say on executive pay from shareholders hit by the credit crunch and economic slowdown.
January 30, 2008 by Joseph McCafferty
More than 90 companies are facing resolutions regarding say on executive pay from shareholders hit by the credit crunch and economic slowdown.
Canadian Banks’ Shareholders Spurred to Ask for Say on Pay
January 25, 2008 by Joseph McCafferty
Along with their proxy ballots, shareholders of Canada's largest banks are expected to find a shareholder resolution asking them to decide whether the banks should begin holding the country's first say-on-pay votes.
January 25, 2008 by Joseph McCafferty
Along with their proxy ballots, shareholders of Canada's largest banks are expected to find a shareholder resolution asking them to decide whether the banks should begin holding the country's first say-on-pay votes.