Incentive shares – shareholders have a right to know their distribution. Meta, Amazon, and Repligen argue against disclosure. Working mostly from the same template, they argue distribution of shares to employees is “ordinary business” and “does not focus on any significant policy issue that transcends the company’s ordinary business operations.” I submitted similar proposals to […]
Meta Platforms should address inequality by helping to establish an ownership culture where all Americans are shareholders with a voice in corporate activity, especially at corporations where they are employed. Voting in favor of the shareholder proposal outlined below will send a message not only to Mark Zuckerberg but to all those who currently control […]
ESG Insider April 9 is the most recent S&P Global podcast. Co-hosts Lindsey White and Esther Whieldon interview the sponsors of several new proxy proposals. As a shareholder advocate trying to get the word out on my own proposals, I found it interesting and informative. Last season I participated in Tesla Investor Briefing 2020 AGM with […]
Facebook 2019 annual May 30. Vote WITHHOLD ALL directors. AGAINST: Auditor, Pay, Proposals 8, 11, 12. FOR: Propoals 5, 6, 7, 9, 10. Vote Say-on-Pay frequency 1 year. If you vote nothing else, vote FOR #5. (more…)
“One Share, One Vote? A Debate on Dual Class Share Structures” was the title of this year’s Morrison & Foerster Lecture in honor of Marshall L. Small, held at Stanford Law on May 20, 2019. The side favoring a ban, or at least sunset provisions, on dual class shares was slightly more convincing in their arguments. […]
Corporate governance at Facebook is much closer to being a dictatorship than a democracy. Who is the better model, George Washington or Vladimir Putin? (more…)
Alphabet and Facebook shareholders will once again vote on shareholder proposals at their 2018 annual shareholder meetings related to unequal voting structures. With growing concerns about data and privacy issues, shareholders will weigh in on how other company governance issues are also at play. Voting results will influence whether America will continue its long course toward […]
FB, Facebook, provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Most shareholders do not vote because reading through 60+ pages of the proxy is not worth the time for the small difference your vote will make. Below, I tell you how I am voting and why. If […]
Mark Zuckerberg, the social media titan, needs to embrace a new model of ownership and corporate governance. As Mark Zuckerberg comes to terms with his latest public-relations disaster, he has made some interesting admissions. One is that the Facebook CEO feels “fundamentally uncomfortable sitting here in California in an office making content policy decisions for people […]
Through a proxy proposal, we asked the Twitter board to study broad-based ownership, such as cooperatives, for lessons to be learned on how to make Twitter both more productive and more democratic. The proposal won enough votes to be brought back next year. In the meantime, we continue building a campaign and studying broad-based ownership […]
Facebook Proxy Voting Guide by James McRitchie of CorpGov.net. Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Facebook is one of the stocks in my portfolio. ProxyDemocracy.org had collected the votes of two fund families when I checked and voted. Their annual meeting is coming up on June 1, […]
Facebook Inc (NASD:FB), one of the companies in my portfolio, builds products that enable people to connect and share through mobile devices and personal computers. Their annual meeting is coming up on June 20, 2016. ProxyDemocracy.org had collected the votes of three fund families when I checked. Vote AGAINST pay, pay committee, board; FOR all shareholder proposals. I voted […]
Facebook Inc (NASD:FB) operates as an online retailer in North America and internationally. It is one of the stocks in my portfolio. Their annual meeting is coming up on 6/10/2015. ProxyDemocracy.org had the vote of three fund families when I checked and voted on 6/8/2015. I added the votes of CalSTRS in the table below. Like ALL the pre-disclosing funds, I voted […]
Facebook $FB, is one of the stocks in my portfolio. Their annual meeting is coming up on 5/22/2014. ProxyDemocracy.org had collected the votes of two funds when I checked and voted on 5/19/2014. I voted with management 0% of the time. View Proxy Statement. Read Warnings below. (more…)
Inside Investor Relations (IR) had an important article on July 30th, On the Way to the Investor Forum that raised the question: do companies really want to encourage their shareholders to chat about them in online forums? Wouldn’t it create a lot of work for investor relations officers (IROs) “who are responsible for monitoring these online […]
Facebook Inc ($FB) is one of the stocks in my portfolio. Their annual meeting is coming up on 6/11/2013. ProxyDemocracy.org had collected no votes when I checked on 6/5/2013. I voted with management 9% of the time. View Proxy Statement. Senator Warren recently called on the exchanges to block companies with unequal voting structures from listing. Too bad that didn’t happen years […]