Tag Archives | KSW

Companies Use Range of Arguments to Exclude Proxy Access Proposals

Of the 16 proxy access proposals filed by proponents in 2012 and listed on the ISS Checklist, eight are being challenged at the SEC. Ferro, Hewlett-Packard, Nabors Industries, CME Group, Pioneer Natural Resources, Staples and Charles Schwab have not sought no-action relief from proposals at the commission, according to data from ISS. Conversely, Bank of America, Chiquita Brands International, MEMC Electronic Materials, Sprint Nextel, Textron, Goldman Sachs, Western Union and Wells Fargo have asked the SEC for permission to omit the proposals. Continue Reading →

Continue Reading ·

Proxy Access Proposals Challenged: Starting to Post Responses

ISS reported that Textron filed a Dec. 23 no-action petition with the SEC to omit a shareowner proposal from Ken Steiner that seeks proxy access using the model proposal developed by USPX.

This appears to be the first no-action request filed on a proxy access proposal this season. The company asserts that Steiner’s resolution improperly constitutes multiple proposals, is “impermissibly Continue Reading →

Continue Reading ·

Two Proxy Access Proposals From Daniel Rudewicz

Daniel Rudewicz

Interview with Daniel Rudewicz who submitted proxy access proposals at Paragon Technologies and KSW.

James McRitchie

McRitchie: How about giving our readers a little personal background?

Daniel Rudewicz: During the day, I am the managing member at Furlong Financial, LLC. In the evenings, I am a law school student.  I have lived all over the US, but right now I live, work, and study in Washington, DC.  I am also a CFA charterholder.

McRitchie: What got you interested in corporate governance and proxy access? Continue Reading →

Continue Reading ·

Powered by WordPress. Designed by WooThemes