Fair elections have long been a major concern. When I started CorpGov.net in 1995, most directors were probably chosen by CEOs. Elections resembled those of North Korea. Vote for management’s slate or withhold your vote. Fair elections? I didn’t think so. My friends toiled mostly in socially responsible investments, focused on double bottom line impacts and […]
Six New Rules of Business: Creating Real Value in a Changing World (Berrett-Koehler, 2021) is Judy Samuelson’s latest book. Fresh off her testimony to Congress on shareholder primacy, discuss the issues with Judy on Corporate Accountability Forums, Monday 3/28/2022 at 2 pm Eastern – Register now to participate. (more…)
Salesforce CRM Adopts Special Meetings provision for shareholders with 15 Percent Shares. I am just circling back and can now ensure myself and readers that our 50.5% win on our 2017 proposal was implemented. See exhibit 3.1 and 3.2 of 8-K filing. We also expect to see action on our 2018 proposal to end supermajority […]
Eliminate Supermajority Voting Requirements Proposal #6 asks the Board to eliminate supermajority voting requirements, seeking instead, that decisions by shareholders be made based on a majority of the votes cast for and against proposals. (more…)
The Salesforce 2018 (CRM) annual meeting is June 12. CRM is on the right track. It needs a few good governance measures, including special meeting rights and an end to supermajority requirements. You can vote FOR both in the Salesforce 2018 proxy. (more…)
Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. Salesforce.com, inc. (CRM) is one of the stocks in my portfolio. ProxyDemocracy.org had collected the votes of three fund families when I checked and voted. Their annual meeting is coming up on June 6, 2017 I voted FOR #7 the ability of shareholders to call […]