Gilead Sciences, Inc. ($GILD) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/8/2013. ProxyDemocracy.org had collected the votes of six funds when I checked on 4/30/2013. I voted with management 50% of the time. View Proxy Statement. Warning: Be sure to vote each item on the proxy. Any items left blank are voted in favor […]
Tag Archives | James McRitchie
Guns and Divestment
The California Constitution provides that the Legislature may, by statute, prohibit retirement board investments if in the public interest and providing the prohibition satisfies specified fiduciary standards. Current law prohibits the boards of CalPERS and CalSTRS from investing public employee retirement funds in a company with active business operations in Sudan and Iran, as specified. AB […]
Proxy Access Proposals Move Forward
On March 26, 2012, SEC staff issued their decision on a request by iRobot (IRBT) to exclude my proxy access proposal from their proxy. Although similar proposals had survived no-action requests last year, IRB management held out hopes that small changes made in the proposal might have made the proposal “vague” under rule 14a-8(1)(3) or “ordinary […]
Contest: Foxhole of the Year Award
Corporate Governance was founded in 1995 and we have never run a contest… until now. Announcing the Foxhole of the Year Award for the company that makes it the most difficult for shareowners turn up at their annual meeting. Our first nomination came from John Chevedden for FirstEnergy (NYSE:FE). According to the $17 billion company: […]
TD Ameritrade: How I Voted – Proxy Score 0%
TD Ameritrade Holding Corp. ($AMTD) is one of the stocks in my portfolio. Their annual meeting is coming up on 2/13/2013. ProxyDemocracy.org had collected the votes of only two funds when I voted on 2/7/2012. I voted with management 0% of the time. View Proxy Statement. Warning: Be sure to vote each item on the proxy. Any items left blank will be […]
100 Thought Leaders in Trustworthy Business Behavior
CHESTER, NEW JERSEY, January 14, 2013. Trust Across America, global leaders in information, standards and data, and Who’s Who in trustworthy business has selected 2013’s Top 100 Thought Leaders in Trustworthy Business Behavior. These people collectively represent a group that can genuinely transform the way organizations do business. Consider following us on Twitter. According to […]
UNFI Vote: Have We Turned the Corner on Annual Elections?
My proposal to declassify the board at United Natural Foods, Inc. ($UNFI) passed by an overwhelming margin of 87.89%: 38,086,048 for 5,248,963 against See their 8-K filing. Text (pdf) of proposal and opposition. Of course, the margin would have been even higher without insider holdings and blank votes going to management. Have we turned the corner on declassification measures […]
James McRitchie Honored by NACD
Sacramento, CA (Oct. 8, 2012) — James McRitchie download <https://www.corpgov.net/wp-content/uploads/2009/03/resume2012.pdf>, Publisher of Corporate Governance (aka, CorpGov.net) <https://www.corpgov.net>, has been named to the 2012 National Association of Corporate Directors (NACD) Directorship 100’s “People to Watch” in recognition of his exemplary leadership in influencing corporate boards and for promoting the highest standards of corporate governance. Selected by […]
Victory at Procter & Gamble
At yesterdays annual meeting, shareowners voted in favor of my wife’s proposal to repeal supermajority standards, such as the 80% standard needed to change or add board members. (more…)
Upcoming Proxy Access Votes
Loren Steffy, of the Houston Chronicle, and Sean Quinn, of the ISS Governance Institute, had recent posts about proxy access and upcoming votes. At Hewlett Packard a shareholder access proposal was withdrawn after the company agreed to sponsor a (more…)
Gilead Sciences (GILD): How I Voted – Proxy Score 44
Gilead Sciences (GILD) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/10/2012. Voting ends 5/9 on Moxy Vote’s proxy voting platform, which listed 8 “good causes,” but three were consolidations, when I checked and voted on 5/8. ProxyDemocracy.org had 4 funds voting.Gilead scores 44 out of 100, since I voted with management on […]
Video Friday: “Shareholder Revolution?” TheShareholderActivist.com on Fox Business News
The following is a guest post from “The Wall Street Psychologist” and co-founder of TheShareholderActivist.comTM, Christopher Bayer, Ph.D. Revolution/Evolution is an Historically Valid and Natural Psycho-biological Reaction to Perceived Oppression and Inequity Last week I was invited to appear on the Fox Business News show “After the Bell” hosted by Liz Claman and David Asman. Right […]
Video Friday: "Say on Directors iPay" @ Apple
My say on director pay will be on the Apple proxy (embedded links added): 6 – Shareholder Say on Director Pay Resolved: Shareholders request that our Board of Directors adopt a policy that provides shareholders the opportunity, at each annual meeting, to vote on an advisory proposal, prepared by the Board of Directors, to ratify […]
Face Off: "Will of the Voters" – Who Decides?
I’m glad to see Lawrence Hamermesh and I are moving past the “bullet” stage in our discussions on proxy access towards a real dialogue. Although he is no longer calling on boards to ignore the voting results of precatory (more…)
The Appearance of Legitimacy: Board Elections
Robert A. G. Monks is asking some fundamental questions on his blog and, at least so far, is responding to comments. That’s a rare phenomenon in the blogosphere. I urge readers to get involved in this dialogue (The Appearance of Reality: Shareholders & Ownership): The process by which directors are chosen is described as an […]