Corporate governance

Test of governance wills

Test of governance wills

There are good neighbors. Then there is Nabors Industries Inc.

June 23, 2014
Abercrombie & Fitch shareholders support proxy-access proposal

Abercrombie & Fitch shareholders support proxy-access proposal

Abercrombie & Fitch Co. shareholders Thursday approved by a vote of 55.3% in favor a proposal sponsored by the New York City Retirement Systems and two other pension funds, calling for proxy access...

June 20, 2014 | 02:04 pm
Investors seek proxy proposal on FedEx damage from Washington Redskins association

Investors seek proxy proposal on FedEx damage from Washington Redskins association

A group of FedEx Corp. investors is sending to the SEC on Friday a response to a no-action request by the Memphis, Tenn.-based company regarding the investors' shareholder proposal asking the company ...

June 19, 2014 | 03:51 pm

Corporate director compensation reaches record level — study

Corporate director median total compensation reached its highest level ever, amounting to $225,235 in 2013, up 5% from the previous year, according to a study by Steven Hall & Partners, an executive...

June 13, 2014 | 03:51 pm

The year in CEO compensation

A wrapup of 2013 chief executive compensation at publicly traded U.S. corporations.

June 09, 2014 | 12:01 am
Nabors Industries shareholders reject 3 director elections, executive pay packages

Nabors Industries shareholders reject 3 director elections, executive pay packages

Nabors Industries Ltd. shareholders, bolstered by major pension funds, voted in the majority against the re-election of three directors, but the rest of the company's board voted unanimously to keep...

June 06, 2014 | 12:39 pm
Wal-Mart shareholders approve all directors, executive pay

Wal-Mart shareholders approve all directors, executive pay

Wal-Mart Stores Inc. shareholders approved the compensation of C. Douglas McMillon, president and CEO, and five other top executives and elected all nominees for director, despite opposition from...

June 06, 2014 | 03:01 pm

CalPERS' proxy proposal at Nabors wins majority support

CalPERS' proposal at Nabors Industries calling for the company to change its proxy-voting counting to treat broker non-votes as having no impact won majority support from shareholders.

June 04, 2014 | 04:23 pm

Towers Watson: Executive compensation support up slightly this year

Seventy-four percent of companies achieved at least 90% of the shareholder vote in support of their executive compensation practices, up from 73% in all of last year, according to a Towers Watson...

May 28, 2014 | 03:31 pm
McDonald’s shareholders ratify CEO’s pay despite opposition by CalPERS

McDonald’s shareholders ratify CEO’s pay despite opposition by CalPERS

McDonald's Corp. shareholders on Thursday voted to ratify the compensation of Donald Thompson, president and CEO, and four other top executives by a 93.5% vote, despite opposition by CalPERS.

May 22, 2014 | 03:09 pm
NYC Retirement Systems reaches disclosure agreement with IBM, 4 other companies

NYC Retirement Systems reaches disclosure agreement with IBM, 4 other companies

New York City Retirement Systems withdrew proxy proposals at International Business Machines Corp. and four other companies after reaching agreements on supply chain sustainability disclosures.

May 19, 2014 | 03:52 pm
J.P. Morgan Chase faces opposition from pension funds on pay, directors

J.P. Morgan Chase faces opposition from pension funds on pay, directors

Florida State Board of Administration will vote against the compensation package for James “Jamie” Dimon, chairman and CEO, and four other senior executives at J.P. Morgan Chase & Co.,...

May 19, 2014 | 03:47 pm
Shareholders approve Goldman Sachs pay package, re-elect all directors

Shareholders approve Goldman Sachs pay package, re-elect all directors

Goldman Sachs Group Inc. shareholders Friday voted 83% to ratify the pay package of Lloyd C. Blankfein, chairman and CEO, and four other top executives, according to a statement from the company...

May 16, 2014 | 01:42 pm
Florida SBA opposes Goldman Sachs executive compensation

Florida SBA opposes Goldman Sachs executive compensation

Florida State Board of Administration and Glass Lewis & Co. oppose the executive pay package at Goldman Sachs Group Inc. for Lloyd C. Blankfein, chairman and CEO, and four other top executives.

May 15, 2014 | 04:09 pm