Tag Archives | Wells Fargo

Culture Impact #corpdirforum2018

Culture Impact: Directors Forum 2018

The Culture Impact: Values, Attitudes & Strategic Directions Culture impact in corporate governance got a big boost with NACD Blue Ribbon Commission report Culture as a Corporate Asset. A brave panel tackled the topic, The Culture Impact: Values, Attitudes & Strategic Directions, at the Corporate Directors Forums I attended in San Diego. Like all Corporate Directors Forums, this […]

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Shareholder Hot Topics

Shareholder Hot Topics: Corporate Directors Forum 2018

Shareholder Hot Topics: Introductory Notes Most of the Corporate Directors Forums I have attended in San Diego start with “Shareholder Hot Topics.” There is widespread interest in the subject from directors, management, shareholders, consultants and academics. This year the Forum had an overall theme, “How Culture Impacts the Boardroom and Beyond.” Corporate culture is the […]

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Citi

Citi to Address Gender Pay Gap

Citi reached an historic agreement to disclose wage data and adjust employee salaries in a company-wide effort to achieve gender pay equity. Arjuna Capital agreed to withdraw its gender pay shareholder resolution after the agreement. Citigroup (Citi) and Arjuna Capital disclosed that Citi is taking steps to provide gender and ethnicity wage data and commit to […]

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Governance Lessons From Wells Fargo

Governance Lessons from Wells Fargo

Tone at the Bottom: Governance Lessons from Wells Fargo That was the advertised title for the program co-sponsored by the Rock Center for Corporate Governance and the Silicon Valley Directors Exchange. (Sign up to be on the SVDX mailing list.) After the program, I am still not convinced the real governance lesson from Wells Fargo (ticker: […]

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Wells Fargo Bank

Wells Fargo Bank: Independent Board Chair (Update)

Update: Wells Fargo & Company (NYSE: WFC) today announced that its Board of Directors has amended the Company’s By-Laws to require the separation of the Chairman and CEO roles and for the Chairman and Vice Chairman of the Board to be independent directors.  The Board approved the By-Law amendments, which are effective immediately, on November […]

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Wells Fargo

Wells Fargo Receives ICCR Resolutions

Shareholders of Wells Fargo $WFC and members of the Interfaith Center on Corporate Responsibility today announced that they have filed multiple resolutions as a result of fraudulent activities uncovered by the Consumer Financial Protection Bureau (CFPB). Wells Fargo recently reported a $185 million settlement with the CFPB due to widespread and systemic illegal acts of […]

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Proxy Access Win at Nabors (NBR)

As Joann Lublin reported in the WSJ, Nabors Owners Back Proxy Access Resolution. Shareowners finally won a proxy access proposal! As far as I’m concerned, the proposal is weak (3% stake held for 3 years) but it is a win none-the-less. (more…)

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Video Friday: “Shareholder Revolution?” TheShareholderActivist.com on Fox Business News

The following is a guest post from “The Wall Street Psychologist” and co-founder of TheShareholderActivist.comTM, Christopher Bayer, Ph.D. Revolution/Evolution is an Historically Valid and Natural Psycho-biological Reaction to Perceived Oppression and Inequity Last week I was invited to appear on the Fox Business News show “After the Bell” hosted by Liz Claman and David Asman. Right […]

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