Tag Archives | proxy access

MSFT

Microsoft (MSFT): Proxy Score 56

Microsoft Corporation (MSFT), operates a technology company, develops, licenses, and supports software products, services, and devices worldwide. MSFT’s annual meeting is coming up on November 30, 2016. ProxyDemocracy.org had collected the votes of 3 fund families when I checked. Vote AGAINST pay, pay committee, stock plan. Vote FOR all other proxy items, especially my proposed amendments to proxy access […]

Continue Reading ·
Reeds Inc

Reed’s Inc: Proxy Score 55

Reed’s Inc. (REED), develops, manufactures, markets and sells fantastic natural non-alcoholic carbonated soft drinks and other confectionaries, such as Reed’s Ginger Brews; Virgil’s Root Beer, Cream Sodas, Dr. Better and Real Cola, including ZERO diet sodas; Culture Club Kombucha; China Colas; Reed’s Ginger candy and ice creams, and Sonoma Sparkler and other juice based products. Their […]

Continue Reading ·
GAMCO

GAMCO Invokes Proxy Access at National Fuel Gas

GAMCO First to Invoke Proxy Access On November 9, 2016, GAMCO Asset Management Inc. (“GAMCO”) and certain affiliates, delivered a letter to the Issuer (the “Nomination Letter”) nominating Mr. Lance A. Bakrow (the “Nominee”) for election to the Issuer’s Board of Directors (the “Board”) at the Issuer’s 2017 Annual Meeting of Stockholders (the “2017 Annual […]

Continue Reading ·
Business Roundtable

No-Action Requests & the Business Roundtable

Yesterday, several reporters asked me to comment on no-action requests and the SEC’s denial to Apple, as well as the Business Roundtable’s fanciful notions regarding the need for reform of the proxy proposal process. I am reluctant to give the Business Roundtable’s proposal, Modernizing the Shareholder Proposal Process, any more ink but will just touch on one […]

Continue Reading ·
HRB Never Settle

HRB H&R Block: How I Voted – Proxy Score 57

H & R Block Inc (NYSE:HRB, $HRB) provides tax preparation and banking services and is one of the stocks in my portfolio. Their next annual meeting is September 8, 2016. ProxyDemocracy.org had collected the votes of one fund when I checked and voted but Proxy Insight had many more. I voted in favor of my suggested proxy access amendments to current bylaws […]

Continue Reading ·
Cam C. Hoang

Cam C. Hoang: Proxy Access

Cam C. Hoang, a Partner at Dorsey & Whitney LLP, warns that Staff denial of H&R Block Inc.’s request to exclude my proxy access proposal “discourages thoughtful, comprehensive discussions at the outset, since proponents may revisit the issues in subsequent years.” (SEC Denial of H&R Block’s Request to Exclude Proxy Access Proposal, The Harvard Law School Forum on Corporate […]

Continue Reading ·
Reeds Inc 6 mos

Reeds Inc: Proposals Due Monday – Update

Update 7/12/2016: Reeds Inc received two faxed proposals from two shareholders before the deadline for submissions. It looks like shareholders will get to vote on both proxy access and creating an independent chairman. Maybe shareholders can help to turn our company around. Institutional investors only hold about 14% of Reeds Inc and insiders hold 26%, […]

Continue Reading ·
Medivation Inc

Medivation Inc – Vote Proxy Access

Medivation Inc. (MDVN), a biopharmaceutical company, focuses on the development and commercialization of medical therapies to treat serious diseases in the United States. Their annual meeting is coming up on June 22, 2016. ProxyDemocracy.org had collected the votes of two fund families when I checked. Vote AGAINST pay, committee, stock plan; FOR proxy access. I voted […]

Continue Reading ·
SciClone Pharmaceuticals

SciClone Pharmaceuticals – Proxy Access

SciClone Pharmaceuticals, Inc. (NASD:SCLN), whose product portfolio of therapies includes oncology, infectious diseases and cardiovascular disorders. Their annual meeting is coming up on June 9, 2016. ProxyDemocracy.org had collected the votes of one fund family when I checked. Vote AGAINST pay, committee chair; FOR proxy access proposal. I voted with the Board’s recommendations 70% of the time. View Proxy Statement via iiWisdom. […]

Continue Reading ·
Genomic Health Inc

Genomic Health Inc – Vote Proxy Access

Genomic Health Inc GHDX $GHDX, a healthcare company, provides actionable genomic information to personalize cancer treatment decisions in the United States and internationally. Their annual meeting is coming up on June 9, 2016. ProxyDemocracy.org had collected the votes of one fund family when I checked. Vote AGAINST pay, compensation committee, stock plan; FOR proxy access. I […]

Continue Reading ·
Netflix Inc

Netflix Inc: Proxy Score 0

Netflix Inc $NFLX., one of the stocks in my portfolio, an Internet television network, which engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. Their annual meeting is coming up on June 9, 2016. ProxyDemocracy.org had collected the votes of one fund family when I checked. Vote AGAINST directors, pay, auditor; FOR all […]

Continue Reading ·
SolarCity Corp

SolarCity Corp: Proxy Score 33

SolarCity Corp, SCTY, is engaged in the design, manufacture, installation and sale or lease of solar energy systems to residential and commercial customers, or sale of electricity generated by solar energy systems to customers. Their annual meeting is coming up on June 7, 2016. ProxyDemocracy.org had collected the votes of two fund families when I checked. Vote AGAINST […]

Continue Reading ·
BlackRock Inc

BlackRock Inc: Proxy Score 59

BlackRock Inc (NYSE:BLK) provides investment and risk management services to institutional and retail clients across the world. Its product offerings include single- and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments.. Their annual meeting is coming up on May 25, 2016. ProxyDemocracy.org had collected the votes of three fund families when […]

Continue Reading ·
Ellie Mae

Ellie Mae: Proxy Score 71

Ellie Mae Inc (NYSE:ELLI, $ELLI) is a provider of on-demand software solutions and services for the residential mortgage industry in the United States. Their annual meeting is coming up on May 25, 2016. ProxyDemocracy.org had collected the votes of no fund families when I checked. Vote AGAINST Bonus Plan; FOR Proxy Access. I voted with the Board’s recommendations 71% […]

Continue Reading ·

Goldman Sachs: Proxy Vote 50

The Goldman Sachs Group Inc (NYSE:GS, $GS) is a bank holding company and a financial holding company. The annual meeting of Goldman Sachs is coming up on May 20, 2016. ProxyDemocracy.org had collected the votes of two fund families when I checked. Vote AGAINST pay, compensation committee; FOR all shareholder proposals. I voted with the Board’s recommendations 50% of […]

Continue Reading ·
Nextera Energy

Nextera Energy: Proxy Score 50

NextEra Energy Inc (NYSE:NEE, $NEE) is an electric power company in North America with electric generating facilities located in over 30 states in the United States and approximately five provinces in Canada. Their annual meeting is coming up on May 19, 2016. ProxyDemocracy.org had collected the votes of one fund family when I checked. Vote AGAINST pay, compensation committee, […]

Continue Reading ·
Proto Labs

Proto Labs: Proxy Score 45

Proto Labs Inc (NYSE:PRLB, $PRLB) is an online manufacturer of custom parts for prototyping and short-run production. Their annual meeting is coming up on May 19, 2016. ProxyDemocracy.org had collected no votes when I checked. Vote AGAINST pay, stock plan, compensation committee members (Black, Gawlick, & Smith); Vote FOR my proxy access proposal. I voted with the Board’s recommendations […]

Continue Reading ·
UNP

UNP – Union Pacific: Proxy Score 47

UNP – Union Pacific ($UNP), operates through its principal operating company, Union Pacific Railroad Company. It is one of the stocks in my portfolio. Their annual meeting is coming up on May 12, 2016. ProxyDemocracy.org had collected the votes of two funds when I checked. Vote AGAINST pay, compensation committee; FOR both shareholder proposals: #4 execs to retain stock and #5 […]

Continue Reading ·
Chipotle Mexican Grill, Inc

Chipotle Mexican Grill, Inc: Proxy Score 37

Chipotle Mexican Grill, Inc (NYSE:CMG, $CMG) develops and operates Chipotle Mexican Grill restaurants, which serve a focused menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. It is one of the stocks in my portfolio. Their annual meeting is coming up on May 11, 2016. ProxyDemocracy.org had collected the votes of 2 funds when I […]

Continue Reading ·
Kansas City Southern

Kansas City Southern: Proxy Score 80

Kansas City Southern (NYSE:KSU, $KSU) is a transportation holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. It is one of the stocks in my portfolio. Their annual meeting is coming up on May […]

Continue Reading ·

‘Substantial Implementation’ Will Backfire

Substantial implementation, that’s the deception companies have been arguing in order to obtain ‘no-action’ relief under SEC Rule 14a-8(i)(10) after implementing proxy access ‘lite.’ Law firms have been touting recent no-action letters released on February 12, with more in March  2016. It looks like a clear win for entrenched managers and directors for implementing only proxy […]

Continue Reading ·
Starbucks Corporation

Starbucks Corporation: SBUX Proxy Score 59

Starbucks Corporation (SBUX, $SBUX) is the roaster, marketer and retailer of specialty coffee. Starbucks Corporation is one of the stocks in my portfolio. Their annual meeting is coming up on March 23, 2016. ProxyDemocracy.org had collected the votes of four funds when I checked. I voted AGAINST the pay package, bonus plan, members of the compensation committee and the proposal by the National Center […]

Continue Reading ·
iRobot Adopts Proxy Access

iRobot Adopts Proxy Access: McRitchie Withdraws – Contest Looms

iRobot adopts proxy access bylaws filed with SEC Form 8-K on March 9, 2016 (See Section 11). James McRitchie, publisher of Corporate Governance (CorpGov.net) conditioned withdrawal of his proposal for proxy access at iRobot (IRBT) on the amended bylaws, including several key elements meeting best practices as outlined by the Council of Institutional Investors.  (more…)

Continue Reading ·
McRitchie Interview by Rafat

McRitchie Interview by Rafat: Whole Foods

McRitchie Interview by Rafat McRitchie interview by Rafat. At last week’s meeting of Whole Foods Market shareholders, I met with Matthew (Mateo) Rafat, whom I’d known of because of his series of posts at Seeking Alpha. He was the only one reporting what happened at shareholder meetings. This was the first time we had met […]

Continue Reading ·
Whole Foods Proxy Access - Give Us the Key

Vote Real Proxy Access at Whole Foods

Today is your last chance to vote for real proxy access at Whole Foods Market Inc. (WFM, $WFM), unless you plan to attend the meeting in San Francisco tomorrow. The annual shareholder’s meeting will be held at the Fairmont Hotel, 950 Mason Street, San Francisco, California 94108 and will begin at 8 a.m. See Pension funds line up […]

Continue Reading ·
Whole Foods Market (WFM)

Whole Foods Market (WFM): Proxy Score 82

Whole Foods Market, Inc. (WFM, $WFM) is a retailer of natural and organic foods and grocer. WFM is one of the stocks in my portfolio. Their annual meeting is on March 9, 2016. ProxyDemocracy.org had collected the votes of five funds when I checked. I voted FOR proxy access, pro-rata vesting of equities and a report on food waste. I […]

Continue Reading ·
Apple Inc

Apple Inc. Proxy Score 47 – ‘For’ Proxy Access

Apple Inc. (AAPL) meeting on 2/26/2016 provides shareholders an opportunity to vote FOR real proxy access. Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, education, and enterprise and government customers worldwide. It is one of the stocks in my portfolio. I will […]

Continue Reading ·
Substantial Implementation

Substantial Implementation: Proxy Access Lite

Substantial implementation, that’s what SEC staff deemed proxy access ‘lite’ last week. Investor rights were eroded again as staff granted a number of no-action letters on February 12th to companies based on “substantial implementation” of proxy access. At its founding, the SEC was largely a champion of shareholder rights. The SEC required companies to include proposals […]

Continue Reading ·
Apple's Proxy Access Lite

Apple’s Proxy Access Lite Needs Changing

Apple’s proxy access lite led me to a little thought experiment after reading the following reaction at Mac Rumors: “Maybe if all macrumors members who are shareholders band together, we can nominate one of our own!” What are the possibilities that members of Mac Rumors, any, or even all of the thousands of Apple-centric groups around the […]

Continue Reading ·
CSP

CSP Inc.: Proxy Score 87

CSP Inc. (CSPI), together with its subsidiaries, develops and markets IT integration solutions and cluster computer systems to commercial and defense customers in the Americas, Europe, and Asia. CSP Inc. is one of the stocks in my portfolio. Their annual meeting is on February 9, 2016. ProxyDemocracy.org didn’t have a listing for CSP I presume it is because the company […]

Continue Reading ·

Powered by WordPress. Designed by WooThemes