Sentences with phrase «for voting all shareholder»

The Chief Investment Officer shall responsible for voting all shareholder proxies.

Not exact matches

They must either accept his bid to buy out shareholders for $ 13.65 (or about $ 24 billion), or vote it down, forcing Dell and his backers into an even more protracted battle with activist shareholder Carl Icahn.

JERSEY CITY, N.J. / BOSTON, May 2 - Goldman Sachs Group Inc leaders said more than 87 percent of shares were voted in favor of its executive pay at its annual shareholder meeting, and that a stock plan for employees was approved by more than 65 percent of votes cast.

Under the proposed demerger, which is subject to regulatory approval and a shareholder vote in the first half of 2015, he said there would be benefits for both companies and all shareholders.

Spain's Banco Popular announced on Wednesday after the European close that its board had unanimously proposed Emilio Saracho as chairman and agreed to hold an extraordinary meeting in February in order for its shareholders to vote on the proposal.

On the agenda are proposals by new Chief Executive Officer Dara Khosrowshahi to change requirements for board seats and to overhaul the shareholder voting structure.

Einhorn, fund manager for Greenlight Capital, accused Apple of cash hoarding earlier last week and is encouraging shareholders to vote against Apple's proxy because he thinks proposition two will kill the option of Apple issuing preferred stock.

Critics complain «say on pay» votes are ineffectual because boards aren't bound to the results, but of the 53 U.S. companies for whom shareholders rejected compensation plans in 2012, 45 made changes and got positive votes the following year, according to Institutional Shareholder Services.

Mike Garland, executive director of corporate governance for New York City Comptroller John Liu's office, which has a $ 550 million investment in JPMorgan Chase, said «it was a disservice to shareholders that the vote became a referendum on Jamie Dimon.

The creditors of Atlas Iron have voted in favour of the iron ore miner's proposed debt - for - equity swap, with the fate of the scheme, and the company, now in the hands of shareholders who will vote next week.

Tap Oil shareholders have lodged a big protest vote, with more than 35 per cent of votes cast against three resolutions at today's annual meeting, with dissident shareholder Chatchai Yenbamroong accounting for a large share of the opposition.

IBM shareholders CalSTRS and The State Board of Administration for the Florida Retirement System (SBA FLA) each voted against Rommety's proposed pay package at the company's annual general meeting.

The official vote tally was announced before a packed room of 300 in a Tampa, Florida, office park, after an often - contentious two hour meeting that was no frills this year with no food or drink was provided for shareholders.

But for his proposal to be put forward for consideration by Dell shareholders, he must first succeed in having Michael Dell's offer voted down and then win enough shareholder support to replace the members of Dell's board with his own nominees.

The outcome of a shareholder vote scheduled for Thursday on the offer is too close to call.

Marcato released a deck in April in which they outlined some of Buffalo Wild Wings» failures and urged fellow shareholders to vote for a board shake - up.

The day before shareholders voted 99.8 % in favour of the merger, Canadian Business sat down for an exclusive interview with the power brokers behind Bay Street's most recent high - profile partnership to discuss the deal, investment banking, the economy and life on the Street.

That proposal goes to a vote of shareholders at the company's annual meeting for other shareholders to weigh in on.

«The transaction is a necessary step towards TSLA's goal of being an integrated sustainable energy company,» said ISS, an influential proxy advisory firm that recommends votes for contested situations and deals to institutional shareholders.

In April, they voted in favor of a shareholder proposal requiring annual majority rule votes for all directors, which Nabors has said they will abide by.

CNBC's Deirdre Bosa reports on expectations from today's shareholder vote on Amazon's bid for Whole Foods.

«We are very pleased that Glass Lewis is recommending EMC shareholders vote «FOR» the proposed merger with Dell,» EMC CEO Joe Tucci said in a statement.

Analysts, however, said the nominations to the board — to be cut to 12 directors from a previous 18 and voted on by shareholders in April — would do little to distract from the problems accumulating for GE.

The shareholder vote had been scheduled for last week but the special committee postponed it appeared as though Dell's offer didn't have enough support among shareholders.

According to the related press release, the low level of support for these board members stems from «the voting recommendation of a major proxy advisory firm which recommended that its institutional shareholder clients withhold their vote in respect of these three directors.»

Institutional Shareholder Services Inc. says in a report that investors should vote for Dallas Howe and Herbert Pinder, nominated by Cation Capital Inc., instead of Crescent Point nominees Rene Amirault and Mike Jackson at the company's annual meeting May 4.

The activist fund has since then built up a 9 percent stake and is asking for changes at the board at a shareholders vote on April 24.

ISS also says shareholders should withhold votes for Cation's other nominees, Thomas Budd and Cation president Sandy Edmonstone.

SolarCity shares were up more than 1 percent, and shares of Tesla Motors were up slightly after shareholders for the two companies voted Thursday to approve a merger.

They are asking for policies that most well run companies have adopted; things like majority vote standards, so directors are only elected to the board if a majority of shareholders want them there.

«It is entirely possible for companies not to have a PSC (person of significant control), For example, 4 shareholders with 25 % of the shares each, and 25 percent of the voting rights, none of them is a PSC.&raqfor companies not to have a PSC (person of significant control), For example, 4 shareholders with 25 % of the shares each, and 25 percent of the voting rights, none of them is a PSC.&raqFor example, 4 shareholders with 25 % of the shares each, and 25 percent of the voting rights, none of them is a PSC.»

Musk has been hyping the solar roof ahead of its shareholder vote for a SolarCity merger that's scheduled for November 17, calling it a «fundamental part of achieving differentiated product strategy.»

Netflix's board is divided into three separate classes, so shareholders don't even get to vote for or against all the directors every year, just a selection of them.

JERSEY CITY, N.J. / BOSTON, May 2 (Reuters)- Goldman Sachs Group Inc leaders said more than 87 percent of shares were voted in favor of its executive pay at its annual shareholder meeting, and that a stock plan for employees was approved by more than 65 percent of votes cast.

Shell shareholders are set to cast their votes on the deal on Jan. 27, followed by BG investors the next day, the final hurdles to be cleared for the deal to proceed, one of the biggest energy sector acquisitions in the past decade.

EMC is expected to hold a shareholder vote on the Dell deal in May, allowing for the transaction to be completed sometime between July and October.

The proposed sale will come before shareholders for a vote.

But following Elliott's move, eight board members nominated by Vivendi resigned, triggering a vote on a full board renewal at a separate shareholder meeting called for May 4.

The results sent a positive tone as Tesla readies for a shareholder vote over its planned acquisition of SolarCity on Nov. 17.

After Herzer's lawsuit, value investor Mario Gabelli, the second - largest voting shareholder in Viacom, called for the media company to disclose the state of Redstone's mental competence.

As the meeting to approve the deal neared, Samsung representatives went door to door to meet shareholders, bearing watermelons and Korean walnut cakes, in a plea for their votes.

Nevertheless, Bombardier illustrates everything wrong with multiple voting shares, a concept that makes it possible for intransigent owners to destroy shareholder value while leaving investors no way to push for changes.

Sixty - two percent of shareholders voted in favor of the proposal — a stunning defeat for the company formerly helmed by Trump's Secretary of State Rex Tillerson.

Besides Mr. Drexler, major (5 % or greater) shareholders in the firm, as of the annual proxy in April, include FMR LLC (which includes the Fidelity Contrafund), Baron Capital Group, BlackRock, and T Rowe Price, all of whom voted in favor of the directors up for election as well as the other management proposals — and Columbia Wanger Asset Management (whose parent Ameriprise, did not return requests for information).

If my proxy solicitation results in Mr. Hagenbuch's failure to receive over 50 % of the votes cast for his election, then I believe the failure of the board to accept his resignation would be an egregious violation of proper corporate governance and in direct opposition to a clear shareholder directive.

By Monday morning, the NBA will have crowned a champion and Facebook's shareholders will be gathering for the company's annual meeting, with votes concerning Mark Zuckerberg's majority voting control planned.

Nelson Peltz's Trian hosted a lunch for DuPont shareholders in advance of the company's proxy vote that could bring huge change to the chemical giant.

Vivendi's chances of securing a board majority are fading, especially after three proxy advisors recommended backing Elliott's candidates ahead of the April vote, saying the French group had been damaging for governance and shareholder returns.

If Maple fails to clear up some of the uncertainty, shareholders could very well vote for the LSE merger in June, Ditmire predicts.

Clearwire's board last week recommended that its shareholders vote against Sprint's $ 3.40 per share offer at a special meeting scheduled for June 24 and instead urged them to accept Dish's tender offer to buy Clearwire shares for $ 4.40 each.