Board changes

Pension fund managers push Oracle on several shareholder issues

Pension fund managers push Oracle on several shareholder issues

PGGM NV and RPMI Railpen called on Oracle Corp. to implement proxy access, adopt an executive compensation structure shareholders can support and develop a policy to allow shareholders to communicate ...

January 26, 2015 | 04:04 pm
Public pension funds, manager call on Monster Beverage to increase board diversity

Public pension funds, manager call on Monster Beverage to increase board diversity

New York State Common Retirement Fund filed a shareholder proposal with Monster Beverage Corp., calling on the company to report any plans to increase gender and racial diversity on its board.

January 08, 2015 | 01:37 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

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

CII calls for more board disclosure on self-evaluation processes

Council of Institutional Investors, Washington, is calling for more disclosure of the self-evaluation process carried out by corporate boards of directors.

September 05, 2014 | 12:48 pm
Governance continues to be issue for DB plan executives — conference panel

Governance continues to be issue for DB plan executives — conference panel

Governance remains one of the thorniest issues facing defined benefit plan executives

June 24, 2014 | 04:42 pm
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
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
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
Nathan Cummings Foundation will file for proxy access at Oracle

Nathan Cummings Foundation will file for proxy access at Oracle

Nathan Cummings Foundation, New York, expects to file a proposal at Oracle Corp., calling for proxy access permitting shareholders the use of corporate proxy materials to nominate directors.

May 12, 2014 | 03:37 pm
Ford shareholders approve executive compensation despite pension opposition

Ford shareholders approve executive compensation despite pension opposition

Ford Motor Co. shareholders Thursday voted 75.2% of shares to ratify the compensation package of Alan Mulally, president and CEO, and other senior executives at the company despite opposition from...

May 08, 2014 | 03:40 pm

BofA directors re-elected, executive compensation approved

Bank of America Corp. shareholders Wednesday approved the election of all nominees for director, its executive compensation and rehiring of its auditing firm, while rejecting all shareholder...

May 07, 2014 | 03:54 pm