The SEC granted Textron (TXT) no-action relief on March 7, allowing them to drop Ken Steiner’s proxy access proposal based on their decision that paragraphs 1-5 and 7 of the USPX proxy access template deal with (more…)
Tag Archives | Textron
Companies Use Range of Arguments to Exclude Proxy Access Proposals
James McRitchie, 02/29/2012 ,
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 […]