Rovi: How I Voted

Rovi (ROVI) is one of the stocks in my portfolio. Their annual meeting is coming up May 24. had only one fund voting, Calvert, when I looked two days ago. had four “good causes” but only one readily identifiable source, Calvert.

Checking the Summary Compensation Table, it appears CEO/Alfred J. Amoroso was paid almost $7 million. That’s too much for what is essentially a small cap where median pay is $4.3 million. Using the United States Proxy Exchange (USPX) released draft guidelines and adjusting for company size, I voted against the pay package, against the stock plan and against Ludwick, Quindlen and O’Shaughnessy, since they served on the compensation committee. Management wanted a say-when-on-pay frequency of three years but I voted for every year. I voted using the platform.

1.1Elect Director Alfred J. AmorosoFor
1.2Elect Director Alan L. EarhartFor
1.3Elect Director Andrew K. LudwickWithhold
1.4Elect Director James E. MeyerFor
1.5Elect Director James P. O’ShaughnessyWithhold
1.6Elect Director Ruthann QuindlenWithhold
2Amend Omnibus Stock PlanAgainst
3Ratify AuditorsFor
4Advisory Vote to Ratify Named Executive Officers’ CompensationAgainst
5Advisory Vote on Say on Pay FrequencyOne Year


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