Sentences with phrase «major shareholder proxy»

Not exact matches

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.»

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).

In 1982, using interviews and proxy statements, they examined compensation programs at 90 major U.S. companies to determine whether return to shareholders was better for corporations that had incentive plans for top executives than it was for those companies that had no such plans.

Take it a step further and the Federal Reserve could end up being a major shareholder casting proxy votes, etc..

Shareholders are given the right to vote on the board of directors and other major decisions at an annual meeting or via a proxy ballot.

The power of proxy access, now instituted at a number of major corporations, has given shareholders additional abilities to influence a company's strategic direction.

Chief Judy Wilson's resolution at Kinder Morgan's annual shareholder meeting in Houston, Texas receives unprecedented support from investors Major funds backing the resolution include Norway's Sovereign Wealth Fund, California Public Employees» Retirement System and shareholder proxy advisor firm ISS Kinder Morgan opposed the resolution, advising shareholders to reject the proposal

According to Institutional Shareholder Services (ISS) in Rockville, Md., at least 60 proxy initiatives are in the works by shareholders at major public corporations who seek to end what they see as executive compensation abuses.