Corporate governance

Proxy solicitation firm Okapi Partners hires managing director

Tony Vecchio joined Okapi Partners as managing director, spokesman Zach Kouwe said.

November 07, 2014 | 03:38 pm
NYC comptroller targets 75 companies in groundbreaking proxy access initiative

NYC comptroller targets 75 companies in groundbreaking proxy access initiative

New York City Retirement Systems filed proxy access proposals with 75 companies, the largest such initiative to give shareholders a greater voice in nominating members of corporate boards of...

November 06, 2014 | 04:16 pm
Oracle shareholders narrowly reject proxy access proposal

Oracle shareholders narrowly reject proxy access proposal

Oracle Corp. shareholders Wednesday rejected a proposal co-sponsored by CalSTRS calling for proxy access.

November 06, 2014 | 03:36 pm

New Mexico Educational looking for firm to conduct internal audit

New Mexico Educational Retirement Board, Santa Fe, is searching for a firm to perform an internal audit.

October 29, 2014 | 03:46 pm

ISS expands companies, countries in global corporate governance tool

Institutional Shareholder Services introduced an enhanced version of its global corporate governance scoring analytics for asset owners and other institutional investors, expanding by almost 10% the...

October 29, 2014 | 03:18 pm
The market is ready for proxy access

The market is ready for proxy access

It is time for the Securities and Exchange Commission to propose proxy access again.  

October 27, 2014

Delaware County pension fund sues Simon Property over executive compensation

Simon Property Group Inc., seeking to avoid investor litigation, earlier this year eliminated a $120 million stock award to David Simon, chairman and CEO, in favor of a performance-based bonus.

October 23, 2014 | 03:25 pm

Chicago treasurer won’t seek re-election, sits on 5 pension fund boards

Stephanie Neely, Chicago city treasurer, announced Monday she will not run for re-election in early 2015.

October 20, 2014 | 05:24 pm

ISS acquires executive compensation data firm Incentive Lab

Institutional Shareholder Services Inc. acquired Incentive Lab LLC, an executive compensation data and analytics firm, the two companies announced Thursday in a joint statement.

October 16, 2014 | 01:48 pm
Panel offers differing views on governance with public technology companies

Panel offers differing views on governance with public technology companies

An asset owner, money manager and academic faced off in a panel discussion at the Council of Institutional Investors conference in Los Angeles expressing widely different views on the degree of...

October 03, 2014 | 04:35 pm
Coca-Cola reduces shareholder approved executive equity plan

Coca-Cola reduces shareholder approved executive equity plan

Coca-Cola Co. announced Wednesday it is backtracking somewhat from its executive equity plan approved in a shareholder vote in April that received opposition from some major pension funds, which...

October 01, 2014 | 02:50 pm

Towers Watson: Board director compensation rises 6%

Median director total compensation rose 6% to $239,918 in 2013, said a Towers Watson report released Wednesday that studied 474 publicly traded companies in the Fortune 500.

September 24, 2014 | 04:14 pm

APG creates suggested compensation guidelines for portfolio companies

APG Asset Management has set guidelines on how much executives at publicly traded European companies in its global portfolio should be paid, the firm said in a statement.

September 22, 2014 | 03:41 pm
Investors seek political contribution disclosure, end to exec tax payment at FedEx

Investors seek political contribution disclosure, end to exec tax payment at FedEx

FedEx Corp. shareholders face separate proxy proposals from the New York City Retirement Systems and the International Brotherhood of Teamsters General Fund, calling for, respectively, disclosure of...

September 19, 2014 | 12:00 pm
CFA Institute urges SEC to revive its proxy access rule

CFA Institute urges SEC to revive its proxy access rule

The CFA Institute on Friday called for the Securities and Exchange Commission to revive its proxy access rule, contending it would increase U.S. market capitalization by as much as $140.3 billion.

September 19, 2014 | 04:28 pm