Magna International Inc., recently adopted
a majority voting policy, and it will be used for the first time at its 2012 annual general meeting.
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.
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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.
Not exact matches
The motion, a broadly worded declaration of support for foreign
policy, received 158
votes in favor, below the necessary
majority of 160
votes and was followed by a chorus of opposition calls for the government to «quit, quit, quit».
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.
WASHINGTON (Reuters)- A
majority of the U.S. Senate on Tuesday
voted to confirm Federal Reserve Governor Jerome Powell as the next head of the central bank, likely ensuring continuity in monetary
policy.
Ideally, companies should make
majority voting rules part of their company's
policy now.
These governance
policies include the annual election of all Board members and a
majority voting requirement for the election of directors.
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.
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.
And many corporations that have adopted some sort of
majority voting have adopted
policies that nevertheless allow incumbent directors to remain on corporate boards even if their reelection was opposed by a
majority of shareholders.
«It is my personal conviction that Garrett Peck is the strongest candidate to help guide the future
policy decisions of the Plainfield Park District,» Hurtado said noting that at the time of his
vote for Bettin he was not part of the governing
majority of the park board.
The proposals, including in the enterprise and regulatory reform bill, will require a
majority of shareholders to approve pay
policy and exit payments before they are approved in a
vote taking place at least once every three years.
They're missing a trick: while a narrow
majority voted to leave the EU, it's clear the public want change on a range of
policy issues.
After that, the
majority always
votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal
policy ensuing, always to be followed by a dictatorship, then a monarchy.»
Unite's
Policy Conference sent a very clear message to rebel Labour MPs yesterday by
voting by an overwhelming
majority to support a rule change to the Labour Party rulebook to reintroduce mandatory reselection of MPs before each general election.
Interpretations of the National Interest have been at the forefront of the debate in an entirely new way for the British, pitching referendum against parliamentary
voting, domestic and against foreign
policy issues, numerical
majorities against political and economic arguments, elites against elites.
Again, they are running on the basis of opposition to a major government
policy, and will need to demolish a 20,000
vote majority - this time, that of former Conservative MP and Brexiteer Zac Goldsmith.
These 2 parties, represent the progressive currents in Welsh politics and registered a clear combined
majority of
votes overall, then announced common
policy objectives which could defend Wales against austerity and begin to build a foundation for economic recovery.
Putman himself is enthusiastic about pushing for a number of
policies in a Senate with a
majority that teeters Republican by a single
vote.
(1) The
Policy Committee shall be composed of the County Leader, the Chairperson of the County Committee, the Chairperson of the Executive Committee, the Chairperson of the
Policy Committee, the Vice Chairperson of the
Policy Committee and one member of the Executive Committee from each Assembly District appointed by the County Leader with the approval of a
majority of the Executive Committee present and
voting at the meeting next held after the election of the County Leader.
It has hobbled the ability of the Democratic Party, which technically won a
majority in the state Senate in 2012 and 2016 (Republicans won the
majority in 2014), to push for progressive
policies in areas like health care,
voting reform, reproductive rights, and immigration.
The instant - runoff
voting for the House upsets the apple cart if and only if one of the major parties fails to be broad - based enough to siphon off third party
policies in a given electorate (i.e. a
majority party swaps places with a minority party).
Although ministers offered a series of minor concessions intended to satisfy the many Labour MPs who signed an amendment attacking government
policy, MPs
voted by a
majority of 21 to back a Liberal Democrat demand for «an equal right of residence for all Gurkhas».
Our
policy demands speak to the needs and values of the working - class
majority that is not
voting,» Hawkins said.
Before any
vote, leadership should lay out a clear course of action for the upcoming session and beyond including a comprehensive
policy agenda, communications strategy, and long - term path for the Assembly Republicans to attain a
majority in the chamber.
The closest this country has come to a minority government in recent years is the 1977 Lib - Lab pact, when a beleaguered Labour government with no overall
majority agreed to accept a range of Liberal party
policy proposals — on condition the Liberals
voted with Labour in any no confidence
votes.
According to County Legislature
Majority Leader Frank Commisso's office, the day after the Legislature
voted, Albany Mayor Kathy Sheehan and other city officials urged County Executive Dan McCoy to veto Resolution 445, saying the new
policy would create a $ 2 million deficit for the city.
With 16 of 21 legislators in attendance
voting in favor — a veto - proof
majority assembled through executive lobbying — the Ulster legislature approved a series of Hein
policy initiatives, to wit:
The Washington Blade reports that Senate
Majority Leader Harry Reid will schedule a
vote on defense legislation containing repeal of the Military's «Don't Ask, Don't Tell»
policy next week:
Given the potentially economically catastrophic
vote to leave the EU last Thursday, an outcome that most Labour Party members, and most Labour voters opposed; and which was opposed by the overwhelming
majority of affiliated trade unions; then it is essential that the Labour Party quickly develops a
policy of how to deal with the fall out.
Although absent from the Conservative manifesto, the
policy is the stated aim of a
majority government recently elected at a general election (albeit on just 37 % of the
vote) and on which the Commons has
voted (twice) in favour.
Plaid Cymru
policies are only likely to be implemented at Westminster if an incoming Labour government became dependent on their
votes for a
majority.
Our
policy demands speak to the needs and values of the working - class
majority that is not
voting.
There is a large over 50's
vote in Bexhill & Battle and the
majority are very disillusioned with the Tory's over the EU, immigration and the prospect of large housing estates being dumped on their characterful villages by ruthless planners and the National Planning
Policy Framework that is set to change so much and not for the better.
The County Legislature's
majority Democrats — and one Republican —
voted 26 - 8 to exempt John «Jay» Quackenbush from a 1999 county
policy requiring at least 20 years of service to qualify for retirement health insurance.
Association
policies not affecting the Council may be adopted, amended, or repealed by a
majority vote of both the Council, provided that consultation with the governing body of the affected SURPAS entity has occurred.
De Klerk brokered the end of apartheid, South Africa's racial segregation
policy, and supported the transformation of South Africa into a multi-racial democracy by entering into the negotiations that resulted in all citizens, including the country's black
majority, having equal
voting and other rights.
Bcause Baby Boomers remain in control of leadership posts within both unions (and thanks to rules that allow retirees to
vote in union elections), the NEA and AFT end up defending seniority - based privileges and layoff
policies that hurt the younger, more reform - minded teachers who make up the
majority of their respective memberships.
However, if the vast
majority of the union membership believes that corporate reform
policies of privatizing education and reducing teaching and learning to a test scores is harmful to public education — as we have expressed in numerous
votes in the SEA — then we need a union that more rigorously opposes these harmful
policies.
If the plan in SKIL Note 41 creates a
majority of people who believe «having a second child creates a bigger liability in future conditions» than «the liability created by parental lose of procreative choice,» then a new
vote would elevate social, physically, or operationally coercive OCPF
policy above individual rights.
In this light, are RPD / OCPF
policies resulting from a
majority vote so different?
Under the new
policy, an exempt material could be permitted to stay indefinitely on the approved list unless a two - thirds
majority of the NOSB
voted to remove that substance from the list.
Just one of the council's seven Labour councillors
voted for the
policy, leaving Labour as the only party where a
majority of councillors didn't back the
policy.
But although the
policy was
voted through by a near unanimous 35 to 4
majority, city planner Jim Keogan had notified councillors prior to the
vote of potential legal concerns over the
policy, and argued that he couldn't put such a
policy in the plan.
Though a
majority of Americans in every state believe in climate change, very few people use climate
policy to decide whom to
vote for.
The vast
majority — those who are
voting on
policy issues, talking to friends, arguing with thier kids» elementary school teachers — do not grasp the science behind GCM's, for instance.
(Thus, McCormick was in fact «fired» under the mandatory retirement
policy by a
majority vote, or perhaps nonvote to change the
policy, of his partners).
At Sentencing Law and
Policy, Douglas Berman says the most interesting aspect of the ruling may be the
voting pattern, with Justice Samuel Alito writing the
majority opinion and Justice Clarence Thomas writing the dissent, joined only by Justice Antonin Scalia.