Teacher Retirement System of Texas

Britt Harris moving to UTIMCO

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T. Britton Harris III has been named president, CEO and chief investment officer of University of Texas Investment Management Co., effective Aug. 1.
Netflix shareholders approve proposals on proxy access, annual director elections

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Shareholder proposals calling for proxy access and annual director elections were supported by a majority of Netflix shareholders at its annual meeting.

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Texas Teacher Retirement System, Austin, committed a total of $299 million to three alternative investment strategies in May.
Texas Teachers plans $10.3 billion in private market commitments this year

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Texas Teacher Retirement System, Austin, is reducing the pace of its overall commitment to private market alternative investments by 10.4% to $10.3 billion in 2017.
Proxy access, independent chairman proposals defeated at Wal-Mart's annual meeting

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Shareholder proposals on proxy access and an independent board chairman were defeated at Wal-Mart's annual meeting, despite support from large pension funds.
Shareholders defeat environment-related proposals at Chevron annual meeting

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Two environment-related proposals were defeated at Chevron Corp.'s annual meeting Wednesday, despite support from several large pension funds.
Exxon Mobil shareholders overwhelmingly pass climate change risk disclosure proposal

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Exxon Mobil shareholders voted in favor of a climate change risk disclosure proposal at the company's annual meeting Wednesday.
BlackRock shareholders approve executive compensation by 90% vote

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Over opposition, BlackRock shareholders ratify compensation for Chairman and CEO Laurence Fink and four other executives at the firm's annual meeting.
Pension funds line up in favor of climate change disclosure proposal at Exxon Mobil

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A number of large pension funds, including CalSTRS, are set to vote in favor of a climate change risk disclosure proposal at Exxon Mobil Corp.
CalPERS, other pension funds again urge Old Republic International to adopt proxy access

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CalPERS is urging Old Republic International shareholders to vote in favor of a proxy-access proposal at the insurance underwriting company's annual meeting.
Charles Schwab shareholders approve proxy access

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Charles Schwab Corp. shareholders approved a pension fund-led proxy access proposal that would allow shareholders to nominate company directors.
VW shareholders approve compensation system despite pension fund opposition

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Shareholders OK a new compensation system for Volkswagen's board and discharge all management board and supervisory board members from responsibility on actions over the past year.
Bombardier chairman to shift to non-executive role

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Pierre Beaudoin, executive chairman of Bombardier Inc., plans to step down June 30 but will remain on the company's board despite opposition from some large institutional investors.
 CalPERS, other pension funds call for climate change disclosure at Occidental

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CalPERS urges Occidental Petroleum shareholders to vote in favor of a climate change disclosure proposal at the company's upcoming annual meeting.

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Texas Teacher Retirement System made two commitments totaling $275 million in April.