Board changes

SEC should increase board diversity disclosure — public pension funds

Nine large public pension funds asked the SEC on Tuesday to require companies to disclose more about their boards’ diversity.

March 31, 2015 | 03:32 pm
eBay revises governance guidelines for board diversity; pension funds withdraw proposal

eBay revises governance guidelines for board diversity; pension funds withdraw proposal

New York State Common Retirement Fund and Trillium Asset Management withdrew a shareholder proposal at eBay Inc., after the company agreed to revise its governance guidelines to include gender and...

March 26, 2015 | 02:44 pm

Prudential board adopts proxy access; NYC systems withdraw 2 proposals

Prudential Financial Inc.‘s board of directors adopted proxy access, enabling shareholders to nominate candidates starting next year.

March 11, 2015 | 03:28 pm
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