Tag Archives | proxy access

Fission Uranium

Why I’m voting WITHHOLD on Fission Uranium (FCU)

“Using the internet for shareowner proxy voting … will awaken the sleeping giant of corporate governance – individual investors.” My optimism was premature when I wrote that in 1999. But finally the giant has awakened and is starting to stir. Retail shareowners of Fission Uranium Corp (FCU) have joined forces via internet media, including their […]

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Hain Celestial

Hain Celestial Group: How I Voted – Proxy Score 64

Hain Celestial Group Inc (HAIN) manufactures, markets, distributes, and sells organic and natural products in the United States, the United Kingdom, Canada, and Europe.  Hain Celestial is one of the stocks in my portfolio. Their annual meeting is on November 19, 2015. ProxyDemocracy.org had collected the votes of two funds when I checked. I also checked CalSTRS, since their […]

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ISS QuickScore

ISS QuickScore Verification Due November 13

Many readers refer to and rely on QuickScores issued by Institutional Shareholder Services (ISS). It is in our interest to have those scores calculated using the best available data. Issuers have until Friday, 11/13/2015, 8 pm ET to submit updates and corrections through the ISS verification process. New scores are expected to be released on […]

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Proxy Access & Advocacy

All In For Impact: Proxy Access and Advocacy to Thriveability

At the recent #AllInForImpact SRI Conference – on Sustainable, Responsible, Impact Investing I presented a “Topic Table.” These are informal gatherings of up to 10 people during lunch. Topics are submitted prior to the conference by any registrant who wishes to lead a discussion on an issue related to sustainable, responsible, impact investing. Mine was on […]

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Vote Against Directors

ISS: Vote Against Directors Adopting Lite Proxy Access

ISS’s 2015-2016 global voting policy survey indicate investors are prepared to vote against directors at companies that ignore shareholders wishes and adopt proxy access mechanisms with overly burdensome ownership requirements. An overwhelming majority of investors said ISS should issue negative director recommendations if a shareholder proposal to provide proxy access receives majority support and a […]

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Well-Governed Companies

Best Practices Spread from Well-Governed Companies

As I have advised companies where I have submitted proxy access proposals,  I am not singling out your company with the aim of implementing proxy access. In fact, I would rather first target well-governed companies, which are more likely to adopt best practices as outlined by the Council of Institutional Investors. Best practices generally spread […]

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Procter & Gamble

Procter & Gamble: How I Voted – Proxy Score 56

Procter & Gamble Co (NYSE:PG) provides consumer packaged goods and is one of the stocks in my portfolio. Their next annual meeting is October 13, 2015. ProxyDemocracy.org had collected the votes of four funds when I checked and voted. I voted with the Board’s recommendations 56% of the time. View Proxy Statement.  Read Warnings below. What follows are my recommendations on how to vote […]

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CII - Proxy Access: Best Practices

Avoiding Proxy Access Lite: Revised Template

Last week I uploaded a revised template for proxy access proposals (see Avoiding Proxy Access Lite: QUALCOMM Proposal) to address some of the problems identified by the Council of Institutional Investors in their August 5th report, Proxy Access: Best Practices. Thanks to the quick response from several readers, I have already made a few improvments. Please use […]

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Fixing Proxy Access Lite

As I have mentioned in other posts (see especially Proxy Access Lite: Victories at Whole Foods, H&R Block), several companies have adopted proxy access ‘lite’ with provisions that make implementation excessively difficult and less effective than they would have been under the SEC’s universal proxy access Rule 14a-11. Although I withdrew proposals at several companies, based on the […]

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Qualcomm, Inc

Avoiding Proxy Access Lite: QUALCOMM Proposal

As I have mentioned in several other posts (see especially Proxy Access Lite: Victories at Whole Foods, H&R Block), several companies have adopted proxy access ‘lite’ with provisions that make implementation excessively difficult and less effective than anticipated by the SEC’s vacated Rule 14a-11. At the beginning of last season I announced that proxy access was […]

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FDX

FedEx: How I Voted – Proxy Score 38

FedEx Corporation (NYSE:FDX) provides a portfolio of transportation, e-commerce and business services under the FedEx brand and is one of the stocks in my portfolio. Their next annual meeting is September 28, 2015. ProxyDemocracy.org had collected the votes of two funds when I checked and voted. I also picked up the votes of CalSTRS in my table below, since ProxyDemocracy […]

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Whole Foods Market: Proxy Score 87

Whole Foods Market, Inc. (NASD:WFM) is a retailer of natural and organic foods and grocer. The Company has one operating segment, natural and organic foods supermarkets and is one of the stocks in my portfolio. Their next annual meeting is September 15, 2015. ProxyDemocracy.org had collected the votes of four funds when I checked and voted. I voted with the […]

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H&R Block

H & R Block: How I Voted – Proxy Score 67

H & R Block Inc (NYSE:HRB) provides tax preparation and banking services and is one of the stocks in my portfolio. Their next annual meeting is September 10, 2015. ProxyDemocracy.org had collected the votes of one fund when I checked and voted. I voted with the Board’s recommendations 67% of the time. View Proxy Statement. Read Warnings below. What follows are my […]

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Press on Proxy Access

Recent Press on Proxy Access

If you thought 2015 was the year of proxy access, wait until you see next proxy season. These news stories on proxy proxy access are worthy of note but are in no way a comprehensive list of such posts. Proxy Access: New SEC Staff Paper 8/4/2014 Broc Romanek reports on a blog by Cooley’s Cydney Posner: (more…)

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H&R Block Adopts Proxy Access; Should I Withdraw?

H&R Block Inc. (HRB) has informed me, without any attempt to negotiate terms over my submitted proposal, that their board has gone ahead and adopted proxy access bylaws. In their words: The key provisions included in the Company’s proxy access bylaw provision are substantially consistent with the Proposal.  Given that the purpose of the Proposal […]

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Dr. Richard LeBlanc

Video Friday: Richard Leblanc on Proxy Access & CIRI 2015

Watch Dr. Richard Leblanc talk about Proxy Access for boards and how it could be a corporate governance game-changer. CCGC has endorsed proxy access. Dr. Richard LeBlanc discusses democracy in corporate governance. Proxy access is the corporate governance game changer. Business organizations have pushed back but some companies have voluntarily adopted it. “This is the […]

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DaVita HealthCare Partners

DaVita HealthCare Partners: Proxy Score 50

DaVita HealthCare Partners Inc (NYSE:DVA), one of the stocks in my portfolio, is a biopharmaceutical company focused on the development and commercialization of therapies to treat serious diseases for which there are limited treatment options. Their annual meeting is coming up on 6/16/2015. ProxyDemocracy.org had the vote of two funds when I checked and voted on 6/11/2015.  I voted with […]

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Biogen (BIIB): Proxy Score 47 – Proxy Access Victory

Biogen Inc. (BIIB) discovers, develops, manufactures, and markets therapies for the treatment of neurological, autoimmune, and hematologic disorders in the United States 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 five funds (removed 2nd Calvert from table below, since it was duplicative) when I checked and voted […]

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Netflix

Netflix: Proxy Score 11

Netflix, Inc. (NFLX), an Internet television network, engages in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. It is one of the stocks in my portfolio. Their annual meeting is coming up on 6/9/2015. ProxyDemocracy.org had the vote of two funds when I checked and voted on 6/3/2015. […]

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Wal-Mart

Wal-Mart: Proxy Score 52

Wal-Mart Stores Inc. (WMT) operates retail stores in various formats worldwide  and is one of the stocks in my portfolio. Their annual meeting is coming up on 6/5/2015. ProxyDemocracy.org had the vote of one fund when I checked and voted on 5/31/2015.  I voted with management 52% of the time and assigned Wal-Mart Stores Inc. a proxy score of 52. […]

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Walgreens Boots Alliance

Walgreens Boots Alliance: Proxy Score 54

Walgreens Boots Alliance Inc (NASD:WBA), one of the stocks in my portfolio, is a global pharmacy-led, health and wellbeing enterprise with three divisions: Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale. Their annual meeting is coming up on 5/28/2015. ProxyDemocracy.org had the votes of two funds when I checked on 5/19/2015. I voted with Board recommendations 54% of […]

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McDonald’s Corporation (MCD): Proxy Access

I don’t own any McDonald’s stock, but the UAW Retiree Medical Benefits Trust is sponsoring the proxy access proposal that I recommend shareholders vote for at the upcoming annual meeting on May 21, 2015. Vote For Proposal No. 6 at McDonald’s We believe the case for proxy access is particularly compelling at McDonald’s, where poor performance and insufficient […]

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United-Guardian

United-Guardian: Proxy Score 22

United-Guardian Inc. (UG:NASDAQ) is one of the stocks in my portfolio. The Company researches, develops, manufactures, and markets cosmetic ingredients, personal care products, pharmaceuticals, medical lubricants, health care products, and specialty industrial products in the United States, Canada, China, the United Kingdom, France, and internationally. Their annual meeting is coming up on 5/19/2015. ProxyDemocracy.org doesn’t track United-Guardian. Therefore, this analysis […]

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Chipotle Mexican Grill

Chipotle Mexican Grill (CMG): Proxy Score 24

Chipotle Mexican Grill, Inc. (NYSE:CMG) is one of the stocks in my portfolio. Chipotle Mexican Grill develops and operates fast-casual, fresh Mexican food restaurants throughout the U.S., which serve a focused menu of healthy burritos, tacos, burrito bowls and salads. The company also has restaurants in Canada, England, France and Germany. Their annual meeting is coming up […]

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eBay

eBay Inc (EBAY): Proxy Score 67

eBay Inc (EBAY), which enables commerce through three reportable segments: Marketplaces, Payments and Enterprise, is one of the stocks in my portfolio. Their annual meeting is coming up on 5/1/2015. ProxyDemocracy.org had the votes of two funds when I checked and voted on 4/26/2015. I voted with management 67% of the time and assigned eBay a proxy score of 67. […]

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Coca-Cola Co (KO): Proxy Vote 58

The Coca-Cola Co (KO), which primarly manufactures and distributes various nonalcoholic beverages, is one of the stocks in my portfolio. Their annual meeting is coming up on 4/29/2015. ProxyDemocracy.org had the vote of three funds when I checked and voted on 4/22/2015 (they now have more). I voted with management 58% of the time and assigned Coca-Cola a proxy score of […]

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citigroup

Citigroup Inc (C): Proxy Score 48

Citigroup Inc (C), which provides various financial products and services for consumers, corporations, governments, and institutions worldwide, is one of the stocks in my portfolio. Their annual meeting is coming up on 4/28/2015. ProxyDemocracy.org had the vote of three funds when I checked and voted on 4/21/2015. I voted with management 48% of the time and assigned Citigroup a proxy score […]

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