Corporate governance

Pension funds line up in favor of proxy-access bylaw change at Whole Foods

Pension funds line up in favor of proxy-access bylaw change at Whole Foods

Large pension funds have lined up against Whole Foods Market Inc. in support of a shareholder proposal that would amend the company’s proxy-access bylaw, a change the company opposes.

March 04, 2016 | 03:15 pm
Buffett doesn't see climate change impacting Berkshire Hathaway's insurance business

Buffett doesn't see climate change impacting Berkshire Hathaway's insurance business

Warren E. Buffett dismissed shareholder concern about climate change adversely affecting Berkshire Hathaway Inc.'s insurance assets.

February 29, 2016 | 03:10 pm
Apple shareholders reject proxy-access proposal despite pension fund support

Apple shareholders reject proxy-access proposal despite pension fund support

Apple Inc. shareholders defeated a shareholder proposal for proxy access, despite support of major public pension funds.

February 26, 2016 | 04:03 pm
Council of Institutional Investors appoints new executive director

Council of Institutional Investors appoints new executive director

Ken Bertsch was named executive director of the Council of Institutional Investors.

February 26, 2016 | 01:33 pm
Investors petition SEC to reject Exxon plan to exclude climate-change proposal

Investors petition SEC to reject Exxon plan to exclude climate-change proposal

A group of investors co-led by the New York State Common Retirement Fund appealed to the Securities and Exchange Commission to reject Exxon Mobil Corp.'s plan to exclude a shareholder proposal on the ...

February 24, 2016 | 03:41 pm

State Street: Asia-Pacific pension funds’ appetite for alternatives sharpens focus on governance

Pension funds in Asia are moving to boost their alternative allocations, leaving many focused now on upgrading governance models and risk oversight.

February 23, 2016 | 01:42 am

New York City systems top among plans in proxy proposals, ISS data show

The New York City Retirement Systems, the New York State Common Retirement Fund, the Connecticut Retirement Plans & Trust Funds and the California State Teachers’ Retirement System rank as the...

February 22, 2016

Illinois State Universities scouting for proxy advisory services

Illinois State Universities Retirement System is searching for a firm to provide proxy advisory services.

February 22, 2016 | 03:41 pm
Proxy season shaping up to be huge

Proxy season shaping up to be huge

Proxy access will stand out in the 2016 proxy season, accounting for the most shareholder proposals ever in a year.

February 22, 2016
Ontario Teachers to support proxy access at Apple

Ontario Teachers to support proxy access at Apple

Ontario Teachers’ Pension Plan, Toronto, plans to vote in support of a shareholder proxy access proposal at Apple Inc., despite company opposition.

February 19, 2016 | 03:24 pm
BlackRock, Vanguard among managers siding with companies on CEO compensation — report

BlackRock, Vanguard among managers siding with companies on CEO compensation — report

BlackRock, Vanguard Group, TIAA-CRFF, TCW Group, Calamos Advisors and Waddell & Reed are among the mutual fund companies more likely to vote with management on CEO compensation, said As You Sow, an...

February 18, 2016 | 04:24 pm

Glass Lewis adding ESG data from Sustainalytics

Glass Lewis & Co. will integrate Sustainalytics' ESG research and ratings on more than 10,000 companies into Glass Lewis' proxy research and voting management platform under a partnership formed by...

February 18, 2016 | 06:00 am
Global pension funds prioritizing governance, risk management

Global pension funds prioritizing governance, risk management

Global pension fund executives over the next three years will be upgrading their governance structures and board education, increasing internal staff overseeing risk and investments, and adding to...

February 16, 2016 | 12:15 am
Texas Teachers supports proxy access proposal at Apple

Texas Teachers supports proxy access proposal at Apple

Texas Teacher Retirement System, Austin, will vote to support a shareholder proposal on proxy access at Apple Inc., a resolution the company opposes.

February 12, 2016 | 02:41 pm

CalPERS considers policy pressuring companies to replace longtime independent directors

CalPERS’ investment committee is scheduled to vote after a first reading on Feb. 16 on a revision to its new global governance policy that could pressure publicly traded companies to remove...

February 09, 2016 | 04:23 pm