Sentences with phrase «board majority with»
Trouble started brewing at the park district last May when two new board members — Janet Silosky and Peter Steinys — were seated and created a new board majority with board President Peter Hurtado.
http://articles.chicagotribune.com/ Not exact matches
By replacing the directors — who presumably would side with Dauman — Redstone and his daughter Shari, who serves as Viacom's vice-chair, have given themselves a solid majority of the company's 11 - member board, aimed at withstanding even a challenge to Redstone's mental capacity.
Proposals to declassify the board and require majority voting are almost always popular with shareholders, so it's not like these companies are going out on a limb.
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.
The company's outgoing CEO Michael Pearson will be testifying before the Senate Special Committee on Aging late Wednesday afternoon, along with activist investor William Ackman, a majority shareholder and board member, and Howard Schiller, a director and former chief financial officer.
Deripaska also agreed with the chairman's proposal that he will resign from the board and consent to the appointment of some new directors so that the board will have a majority of new independent directors, it added.
Though 25 percent of viewers agreed that Markle's outfit was inappropriate for a royal - to - be, the majority thought she should wear whatever she wants — an opinion we're on board with.
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.
Also, if a majority of the Board is comprised of persons other than (i) persons for whose election proxies were solicited by the Board; or (ii) persons who were appointed by the Board to fill vacancies caused by death or resignation or to fill newly - created directorships («Board Change»), unless the Committee or Board determines otherwise prior to such Board Change, then participants immediately prior to the Board Change who cease to be employees or non-employee directors within six months after such Board Change for any reason other than death or permanent disability generally have their (i) options and stock appreciation rights become immediately exercisable and to the extent not canceled or cashed out, generally have at least six months to exercise such awards; (ii) restrictions with respect to restricted stock and RSRs lapse and generally shares are delivered; and (iii) performance shares and performance units pay out pro rata based on performance through the end of the last calendar quarter before the time the participant ceased to be an employee.
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.
For example, we will not be required to comply with the requirements that a majority of the board of directors of our general partner consist of independent directors and that we have independent director oversight of executive officer compensation and director nominations.
The individual views of the Board members are not attributed, which is appropriate given the composition of the RBA Board, where only two of the members are full - time central bankers, with the majority of the others being business people.
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.»)
Experience with cumulative voting suggests that adversarial relations between the majority block and the minority of shareholder nominees commonly dominate such divided boards.
She joins an Uber board that includes a voting majority made up of Kalanick, co-founder Garrett Camp, and the company's first employee, Ryan Graves, according to a person familiar with the company.
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 bylaws.
Under these rules, a company of which more than 50 % of the voting power is held by an individual, a group or another company is a «controlled company» and may elect not to comply with certain corporate governance requirements of the, including (1) the requirement that a majority of the board of directors consist of independent directors, (2) the requirement that we have a nominating and corporate governance committee that is composed entirely of independent directors with a written charter addressing the committee's purpose and responsibilities and (3) the requirement that we have a compensation committee that is composed entirely of independent directors with a written charter addressing the committee's purpose and responsibilities.
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.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.
- Majority voting policies provide minority shareholders with greater influence over the composition of the board of directors, who are their key representatives.
Majority voting policies provide minority shareholders with greater influence over the composition of the board of directors, who are their key representatives.
20th December 2017 - London Stock Exchange Group result of general meeting: majority of shareholders vote with board against proposed resolution to remove Donald Brydon
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).
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.
As the Owner, Board and the majority of Arsenal fans say» Nothing wrong with doing the same thing over and over» Why change the winning strategy?
It sadly is Sue, we have a divided fan base, an majority shareholder who is (in my opinion) using our clubs assets to secure lending on his other sporting investments, a board who quite frankly see us fans as customers rather than supporters as shown by the chairman's AGMs performance, players who aren't signing new contracts, if you cut Ian Wright and others open you'd see cannons in their blood with some of our players now you'd find image rights and pound signs.
If they were honest with themselves they would say they thought the majority was as furious as they were, and it would be the day Arsene and the board finally stood up and took notice.
It had the opposite effect, it told the boss and the board that a minute minority were making allot of noise while the majority can be won over with better game results.
The Majority of fans, with the probable exception of those AKB idiots, woke up to the fact what Wenger was doing to OUR CLUB many years ago.Fans are not as Stupid as the Board obviously feel we are and would like us to be.
I can not understand why any of the board sold to Enos — the idea was always to have no one with a majority share holding, and although Enos backed the new stadium, if the original shareholders wanted to sell up, I'm sure they could've found others to sell to, who would've also done so, without giving anyone a majority shareholding.
At a very minimum, there would have been 3 owners, all with seats on the board and the club would have been run by a majority vote by the owners on all fronts.
The difference in actions coinciding with the time that the board was doing actions to increase share prices, such as a pact that was never kept and the pride of us not having a majority share owner who was foreign... and then the ongoing good accounting each year... Along with a manager as loyal (and maybe as stupid at times) as a dog.
Another WOB echochamber If you look at the big picture then you have to take into account the support Wenger gets and how that is also lacking, swapping the manager will not fix issues with the board and the clubs goals for the majority owner.
Dein got forced out by a board that made a pact to not sell to a single foreign majority share holder, they wanted Arsenal to stay a multi-owner club with no individual holding more than 51 % of the shares.
I don't have a problem with the fans supporting the club... I have a problem with the board / Majority shareholder.
This time though the board I belive got greedy and thats why they made a pact to not sell any more shares and made claims that we would not be in the situation where we have a share holder with the majority.
They are obsessed with Wenger out, board out, and majority shareholder out mentality such that they do not miss the slightest of opportunities to demonize the manager, club and the majority shareholder.
Wenger is a DEADMAN WALKING.Why?Because even this Board with this Chairman and this Owner will learn very shortly that this Manager is Despised and Hated by an ever increasing majority of the supporters.
The Arsenal Board, the owner Stan Kroenke and the majority of Arsenal fans are happy for Arsene Wenger to keep control of the Gunners team for the next two years, and even many of those who voted for WengerOut now understand that there is absolutely nothing that can be done again until the end of this new contract, so why continue with the barracking when it only generates negativity?
The fact of the matter is it seems that if wenger was offered another 2 years the majority would be on board with that and I personally cant see how, if some of the fans are this delusional and would rather see us slowly decline then maybe arsenal deserves what it gets in the long term.
If an arsenal fan can say that why can't Adrian Durham on talksport, time to face reality, with Wenger, the current board and majority shareholder we are a million miles off where we were told we would be when we left Highbury and no matter how many times we as fans are told to get behind the team and manager that won't change the table come May.
I, unlike the majority on this board completely agree with your observations on Theo and the necessity for Arsenal to aggressively reshape there squad this summer.
The Board is satisfied with Wenger, the vast majority of fans are satisfied.
One can only hope that with the huge influx of money coming in from BT that the board are both satisfied with their bumper windfall in pprofit AND realize that as the majority of fans are now aware of the huge influx of money they will now have to start spending or else there will be no more excuses, E.G fans asks why we have not spent big in the summer as we have an extra 20 million in the bank?
David Ornstein and John Cross have come out within the last few hours to signal that their sources have indicated Arsene Wenger's walked out of the Arsenal Board meeting, and private meetings with majority owner Stan Kroenke, with a freshly - signed two - year contract extension, and that an announcement from the club and manager will come tomorrow.
Then the Boards front - man Arsene Wenger was again presented as the heart and soul of Arsenal and talked about the values of the club, although even he seemed frustrated with the negative attitude of the majority of fans at the meeting.
You would need a good few thousand to overthrow Wenger (or get him to change his philosophy) if ever possible with constant banners and match day demonstrations... This ain't guna happen with the corporate majority attending and Wenger / board officials keeping their big bro eye on trouble makers..
He may have some tactical shortcomings, but Bilic is adored by the majority of fans according to various polls, and I find it hard to believe that our board will dispense with his services provided that we don't collapse between now and the end of the season.