CalPERS and CalSTRS are a step closer to being forced to divest from investments in coal companies following the California State Assembly’s 47-30 vote Wednesday in favor of legislation...
September 03, 2015 | 03:35 pm
Florida State Board of Administration officials plan to meet with Bank of America Corp. management on Wednesday to discuss the company’s proposal seeking shareholder approval of a corporate...
September 01, 2015 | 03:59 pm
The median total compensation of CEOs of Standard & Poor's 500 companies reached $11.29 million in 2014, a 10.6% rise driven mostly by increases in CEO defined benefit retirement values.
August 27, 2015 | 03:58 pm
Median director total compensation rose to an even $250,000 in 2014, a 4% increase from the previous year, said a Towers Watson report released Thursday that analyzed 470 publicly traded companies on ...
August 27, 2015 | 03:34 pm
CalSTRS was joined by 63 other institutional investors calling on Kraft Heinz Co., Archer Daniels Midland Co., Hormel Foods Corp., Tyson Foods Inc. and 11 other food and beverage companies to better...
August 19, 2015 | 03:38 pm
Public companies must disclose the ratio of CEO pay to median employee pay under a rule adopted Wednesday by the Securities and Exchange Commission.
August 05, 2015 | 01:29 pm
Shinbo Won was named head of Asia-Pacific (ex-Japan) research at Institutional Shareholder Services, effective Aug. 3.
July 31, 2015 | 02:04 pm
Interfaith Center on Corporate Responsibility, New York, is searching for a CEO, a new position in a newly restructured leadership.
July 31, 2015 | 02:01 pm
This month, the London Pensions Fund Authority and Lancashire County Pension Fund said they will go ahead with a partnership that aims to reduce costs and increase investment opportunities.
July 27, 2015
A few decades ago, endowments and foundations were rarely in the public spotlight for reasons other than their core mission. Now, they are in the glare — a harsh one, sometimes — of...
July 27, 2015
Shareholders have shown increasingly strong support for leadership of corporations in voting in favor of directors, while at the same time they have firmly embraced proxy access, enabling them to...
July 27, 2015
CalPERS “made significant progress” in moving companies toward its corporate governance point of view on proxy access and climate risk reporting, among other objectives, the Sacramento-...
July 22, 2015 | 03:50 pm
Georgina Marshall was named head of global research at Institutional Shareholder Services, effective Sept. 1.
July 21, 2015 | 03:16 pm
The United Mine Workers of America 1974 Pension Plan filed a lawsuit Thursday to force Peabody Energy Corp. and Arch Coal Inc. to negotiate withdrawal liability for the underfunded pension plan...
July 17, 2015 | 03:32 pm
Samsung C&T Corp. shareholders on Friday approved a proposed merger with Cheil Industries Inc., beating back opposition from North American pension funds and a hedge fund that contested the...