Board changes

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
3 more reveal votes for Berkshire Hathaway

3 more reveal votes for Berkshire Hathaway

Berkshire Hathaway Inc. faces opposition to the re-election of directors from CalSTRS, Florida State Board of Administration and Trillium Asset Management, according to their proxy voting disclosures.

May 02, 2014 | 04:21 pm

Duke Energy director nominees elected despite pension fund opposition

Duke Energy Corp. shareholders Thursday elected all nominees for directors, despite opposition to some of them by North Carolina Retirement Systems, CalPERS, CalSTRS, Canada Pension Plan Investment...

May 01, 2014 | 04:20 pm
Boeing shareholders nix proposals

Boeing shareholders nix proposals

Boeing Co. shareholders rejected all shareholder proposals, including calls for an independent chairman and disclosure of lobbying payments and policy, according to preliminary results provide by...

April 29, 2014 | 11:34 am
CPPIB on opposing side of CalSTRS, Florida SBA for executive compensation at Barrick

CPPIB on opposing side of CalSTRS, Florida SBA for executive compensation at Barrick

Canada Pension Plan Investment Board is at odds with CalSTRS and the Florida State Board of Administration in their voting on the executive compensation plan of Barrick Gold Corp., according to their ...

April 28, 2014 | 04:13 pm

CIBC shareholders reject all proxy proposals

Canadian Imperial Bank of Commerce shareholders Thursday rejected all shareholder proposals, including one calling for greater transparency of the management of the company's defined benefit finances ...

April 24, 2014 | 04:17 pm