Sentences with phrase «board majority in»

Some parties, including the former conservative school board majority in...
Some parties, including the former conservative school board majority in Wake County, even argued that it was even somehow forbidden.
Parents and others who opposed the move gained a school board majority in the May 2017 elections and tried to reverse the shift in July.
He emphasized that the GOP still controls the Nassau County Legislature, the Town of Oyster Bay and has a town board majority in Hempstead.

Not exact matches

About 100 Boardlist candidates (some of whom already sit on not - for - profit, for - profit, or advisory boards, and the vast majority of whom live in the U.S.) were asked a number of questions about their experiences in business, and also about the fact that so few women serve on corporate boards.
According to the Global Entrepreneurship Monitor, 2011 saw «an across - the - board increase in the rate of entrepreneurial activity has not been seen in the U.S. in the last ten years,» and «the majority of entrepreneurs were motivated by improvement - driven opportunities to start new ventures.»
EBay announced on Nov. 19 that it had finally completed the sale of a majority stake in Skype Technologies to a group of investors, including the Canada Pension Plan Investment Board.
Although he retired as CEO in 2014 at age 40, Green remained the majority shareholder and a board member.
For a time CBS, which after the board resignations had four independent directors out of eight total, was not in compliance with New York Stock Exchange regulations that require a majority of independent board members.
Thiel has left the boards of Zenefits and Asana, sold the majority of his stake in Twilio, and parted ways with startup incubator Y Combinator in the past two years.
But Trump's tax reform hopes have begun to encounter resistance in the Senate, where the Republicans» narrow majority means they have to keep almost everyone in the party on board.
In Italy, Telecom Italia chief Amos Genish said that his position in the firm would be «untenable» if activist fund Elliott gets the majority of the board seats during a shareholder vote Friday, Reuters reporteIn Italy, Telecom Italia chief Amos Genish said that his position in the firm would be «untenable» if activist fund Elliott gets the majority of the board seats during a shareholder vote Friday, Reuters reportein the firm would be «untenable» if activist fund Elliott gets the majority of the board seats during a shareholder vote Friday, Reuters reported.
Chris also claims Tory has put the screws to him within the company, and in the suit he calls the board majority «mindlessly loyal.»
The proxy access resolution (so named because board nominations and ballots are contained in company proxy statements) got a majority vote of 55 percent at Chevron and 49.4 percent at Exxon.
The general policy of the Board is that compensation for independent directors should be a mix of cash and equity - based compensation, with the majority of compensation being provided in the form of equity - based compensation.
This current Board structure also is consistent with majority practice at large public companies: according to the 2017 Spencer Stuart Board Index, 72 % of companies in the S&P 500 do not have an independent board chaiBoard structure also is consistent with majority practice at large public companies: according to the 2017 Spencer Stuart Board Index, 72 % of companies in the S&P 500 do not have an independent board chaiBoard Index, 72 % of companies in the S&P 500 do not have an independent board chaiboard chairman.
It's an important change, because many boards now following the TSX's voting rules do take advantage of this loophole: in 2015, 21 directors got majority withholds, and in 16 of the cases, boards used the exemption rule to keep the director.
Our Corporate Governance Guidelines provide that each year a majority of the independent directors will appoint the Lead Director, and in early 2010, the independent directors appointed Philip J. Quigley to continue to serve as the Board's Lead Director and expanded the duties and responsibilities of the Lead Director.
Starboard Value, a top investor in Macerich, nominated a majority slate of directors to the company's board, Reuters reported.
Our Corporate Governance Guidelines also provide that each year a majority of the independent directors will appoint the Lead Director, and in November 2008, the independent directors appointed Philip J. Quigley to serve as the Board's Lead Director beginning January 1, 2009.
November 16, 2015 - CCGG's Executive Director Stephen Erlichman was quoted in the Financial Post suggesting that the TSX provide guidance to boards about the meaning of «exceptional circumstances `' in the TSX's majority voting rule.
The Board as a whole is accountable, in large part reflecting its composition where the majority of members are business people rather than practising economists.
Xerox's plan to merge its business with Fujifilm of Japan looks to be increasingly in jeopardy, as its chairman, its chief executive and a majority of its board members said they would resign in favor of a slate of new leaders favored by shareholders opposing the deal.
L. (Sept. 1, 2014), http://us.practicallaw.com/4-578-4485 [http://perma.cc/8XRK-A4YL](«It appears that ISS negative vote recommendations based on the perceived lack of board responsiveness to shareholder concerns (as evidenced by the failure to implement a successful shareholder proposal) was the leading factor associated with directors who failed to receive a majority of votes cast in an uncontested election in 2014.»)
The Board of Governors currently has four vacancies, leaving the member banks in majority control of the FOMC.
[8] There may also be an increase in the use by the majority of pre-meeting caucuses and a reduction in information flows to the board as a whole.
Under the 2017 Plan, a change in control is defined to include (1) the acquisition by any person or company of more than 50 % of the combined voting power of our then outstanding stock, (2) a merger, consolidation, or similar transaction in which our stockholders immediately before the transaction do not own, directly or indirectly, more than 50 % of the combined voting power of the surviving entity (or the parent of the surviving entity), (3) a sale, lease, exclusive license, or other disposition of all or substantially all of our assets other than to an entity more than 50 % of the combined voting power of which is owned by our stockholders, and (4) an unapproved change in the majority of the board of directors.
But Kalanick retains his board seat and majority stake in the company, suggesting he could continue to wield considerable control over the world's most valuable startup.
In connection with a shareholder proposal made at the 2012 annual meeting of shareholders, the Company informed its shareholders that the Board had adopted a policy providing for majority voting for the election of directors in uncontested elections and that the Company would take steps to implement majority voting in its Articles and bylawIn connection with a shareholder proposal made at the 2012 annual meeting of shareholders, the Company informed its shareholders that the Board had adopted a policy providing for majority voting for the election of directors in uncontested elections and that the Company would take steps to implement majority voting in its Articles and bylawin uncontested elections and that the Company would take steps to implement majority voting in its Articles and bylawin its Articles and bylaws.
In a letter to shareholders, the independent board members said former director Martin Franklin sought a meeting to be elected chairman and was denied by a «significant majority» of the board before resigning in late JanuarIn a letter to shareholders, the independent board members said former director Martin Franklin sought a meeting to be elected chairman and was denied by a «significant majority» of the board before resigning in late Januarin late January.
Sources close to the board said that a majority of those shareholders are in favor of this change.
Icahn also called for the company's directors to be elected at the same time, as opposed to the current system, in which board elections are staggered, which means that it would take two years for Icahn to obtain a majority of the board.
Similar proposals, also called «Aiming for A,» received well over majority support at a handful of European companies where they were submitted in 2015, due in large part to the fact that in each case the board recommended shareholders vote in favor.
Finally, in Ontario, shareholders have a broad statutory right of court action to allege that they have been «oppressed» or «unfairly prejudiced» by the actions of the board or the majority shareholders of a corporation.
In the event that (i) the Board of Directors proposes, recommends, approves or otherwise submits to the shareholders of the Company, for shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders of a majority of the shares of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.yIn the event that (i) the Board of Directors proposes, recommends, approves or otherwise submits to the shareholders of the Company, for shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders of a majority of the shares of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.yin person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.yin derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.yin order to carry out the terms and provision of this Section x.y..
The proposals would instruct the board to develop further safeguards with regard to related party transactions with the majority shareholder, and to provide assurances for keeping the company's business operations in Spain.
It also plans to introduce a majority voting policy in 2012, which would require directors to offer their resignations to the board if they fail to garner a majority of «for» votes in annual shareholder elections.
SHARE director of law and policy Laura O'Neill said the only other directors she knows of who failed to win majority support this year were on the board of Quebecor Inc., where holders of class B subordinate shares voted just 43 per cent in favour of electing the entire board as a slate.
In such case, the composition of the board in future elections typically defaults to one vote per share (preferred converted to common basis) and may be favorable to the common stockholders as they typically control a majority of the outstanding shareIn such case, the composition of the board in future elections typically defaults to one vote per share (preferred converted to common basis) and may be favorable to the common stockholders as they typically control a majority of the outstanding sharein future elections typically defaults to one vote per share (preferred converted to common basis) and may be favorable to the common stockholders as they typically control a majority of the outstanding shares.
that Dorfman, who bought a majority stake in The Office Group when he joined the company, will remain on the executive board after the Blackstone purchase has completed alongside Green and Olsen.
The police commissioner, James P. O'Neill, last year reduced or rejected the oversight board's disciplinary recommendations in a majority of cases.
On four key questions — Are you in favour of replacing the CEO; Are you in favour of revamping strategy; Are you in favour of a senior management upgrade; and Are you in favour of replacing board majority — more than 80 per cent of shareholders were either very positive or positive.
I have a theory that SBNRs are so because one or more or a combination of the following: (1) they can't justify their spiritual texts - and so they try to remove themselves from gory genocidal tales, misogyny and anecdotal professions of a man / god, (2) can't defend and are turned off by organized religious history (which encompasses the overwhelming majority of spiritual experiences)- which is simply rife with cruelty, criminal behavior and even modern day cruel - ignorant ostracization, (3) are unable to separate ethics from their respective religious moral code - they, like many theists on this board, wouldn't know how to think ethically because they think the genesis of morality resides in their respective spiritual guides / traditions and (4) are unable to separate from the communal (social) benefits of their respective religion (many atheists aren't either).
In late 1973 the board, now dominated by a pro-Preus majority, voted to suspend Tietjen.
A spokesman for Sports Direct said: «The board received backing from a majority of independent shareholders at the AGM in September 2017, at which many of these historic issues were addressed.
Following this pressure, the National Pork Board recently reported that a majority of pork producers are in the process of switching to alternative housing methods that afford pigs greater freedom of movement.
But mostly because if my SO were trying to cut out the majority of animal products from their diet but only ate eggs, I would find that a lot easier to get on board with than a bevvy of steaks and fillets (read: dead animal carcasses) being grilled in the same kitchen I prepare my own food in.
RiceBran Technologies (NASDAQ: RIBT and RIBTW)(the «Company»), a global leader in the production and marketing of value added products derived from rice bran, today announced that, based on preliminary noncumulative voting results reported by the independent inspector of elections (the «Inspector») following the Company's 2016 Annual Meeting of Shareholders (the «Annual Meeting»), a large majority of shareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «Board»).
If the board wanted to cash in there are plenty of Arsenal supporters they could've distributed the shares to, and let no one person have a majority share holding.
That's why we need a new majority share holder, because getting rid of Wenger means setting up a whole new board structure, no one will come in and take all Wenger's responsibilities, and Kroenke won't sanction setting up proper governance.
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