The cartoon at left accompanied an article entitled Where are the funds? (Pensions & Investments, 3/5/2012) P&I lamented, “instead of sitting on the sidelines, activist investors should take advantage of the opportunity to file access proposals… proxy access proponents must be adventurous.” We are going to use the key; adventure is on the way. As I […]
Tag Archives | United State Proxy Exchange
15th Proxy Access Proposal of Season Filed at Nabors
James McRitchie, 12/14/2011 ,
Bermuda-based energy-drilling contractor Nabors Industries Ltd., already being sued by shareowners over executive pay issues now faces a proxy access proposal filed by CalSTRS and nine public pension funds from Connecticut, Illinois, New York and North Carolina. The company’s stock has lost about a quarter of its value this year. According to New York City Comptroller John C. Liu, who […]
Glyn Holton: a Force in Governance Profiled by Reuters
James McRitchie, 02/09/2011 ,
In a year of hard-fought corporate governance battles, some of 2010’s biggest victories were won by a soft-spoken activist who shares his home office with Norman the cat. The growth of online communications has put new power in the hands of retail investors, who are reshaping the relationship between companies and their shareholders. One is […]
Apache v Chevedden: SEC Rules Don't Reflect Reality
James McRitchie, 01/21/2010 ,
I was delighted to see Broc Romanek coverage of the controversy surrounding Apache v Chevedden, although he did so in a members only area of theCorporateCounsel.net. I hope the case gets a lot of attention. Yesterday, I was discussing a table I am working on that shows some of the rights denied to street name […]