Tag Archives | corporate elections

RCV in Corporate Elections

RCV in Corporate Elections: Tesla?

RCV in Corporate Elections? Recent action by the Tesla Board makes me believe I may live to see the adoption of ranked-choice voting (RCV) in the election of corporate directors. Tesla may have ticked off shareholders enough that the Board nominees could face multiple challengers. Do we really want to take a chance on directors […]

Continue Reading ·
Chat Rooms

Chat Rooms Missing at Shareholder Meetings

Chat Rooms are the key missing ingredient at virtual shareholder meetings. Virtual-only shareholder meetings increased dramatically (from 286 in 2019 to 2,200 so far in 2020) due to the Covid-19 pandemic. Chat rooms before and after meetings would allow shareholders to interact informally with each other and with corporate representatives, as they do at in-person […]

Continue Reading ·
Standing Voting Instructions Ban Suppresses Retail Vote

Standing Voting Instructions: Reviewed

Standing Voting Instructions: Empowering the Excluded Retail Investor by Jill E Fisch just could be the most important article on corporate governance this year… if it is widely read and acted on. Download at ecgi, Penn Law or SSRN. The above photo is from Small Investors Support the Boards. But Few of Them Vote, The New York […]

Continue Reading ·

At CalPERS: One Pleads the 5th, One Quits

CalPERS announced that Kurato Shimada resigned yesterday to focus on “personal matters.” “It’s with sadness that I accepted Kurato Shimada’s resignation from our Board today,” said Rob Feckner, CalPERS Board President. “We appreciate his desire to focus on personal matters and wish him well.” CalPERS will be scheduling a special election to fill his vacant […]

Continue Reading ·

At CalPERS: One Pleads the 5th, One Quits

CalPERS announced that Kurato Shimada resigned yesterday to focus on “personal matters.” “It’s with sadness that I accepted Kurato Shimada’s resignation from our Board today,” said Rob Feckner, CalPERS Board President. “We appreciate his desire to focus on personal matters and wish him well.” CalPERS will be scheduling a special election to fill his vacant […]

Continue Reading ·

"Corrected" Ballot at Altrea Tips Votes to Management

The latest development in the case of unfair ballots favoring management at Altrea is that Broadridge has now “corrected” the language on their voter information form (VIF) for the shareowner proposal to eliminate supermajority voting requirements. However, the “correction” fails to accurately portray the proposal at all, and simply places yet another hurdle in the […]

Continue Reading ·

The New Normal

Stephen Barth & Joshua Agen argue our traditional market-based, capitalistic, macro-economic business environment may be entering a new era, dubbed the “new normal,” characterized by slower domestic economic growth; more government involvement in private business through increased regulation, taxation and direct intervention; a relatively weak dollar; long-term inflation risk; and overall increased business risk aversion. […]

Continue Reading ·

Powered by WordPress. Designed by WooThemes