Sentences with phrase «of board vote»

Ousted by donor & staff rejection of board vote of confidence WASHINGTON D.C. ---- Kitty Block, previously president of the Humane Society of the U.S. subsidiary Humane Society International, on February 2, 2018 ascended to the HSUS presidency.

A majority of the board voted to retain Miller to file a formal petition with State Education Commissioner MaryEllen Elia seeking Paladino's removal, after Paladino's disparaging remarks about President Obama and the First Lady were widely criticized as racist.

Though Councilwoman Sylvia Overby and Councilman Peter Van Scoyoc argued that it would be better to base a decision on the recent hearing, a majority of the board voted with Ms. Quigley.

Both of the tenant representatives and the public members of the board voted for the rent freeze as well; in putting forth the proposal for a zero percent increase, tenant representative Sheila Garcia said that they believed a rollback was warranted, but did not have the votes.

Eight members of the Board voted to extend the offer following several hours of discussion both Thursday night and Friday.

Affirmative votes of 2/3 of the Directors present at a meeting of the Board or 2/3 of the Board voting through the United States Postal Service, shall be required to elect an applicant to membership.

The quorum for a Board meeting shall be a majority of the Board voting in person or by mail, FAX, E-Mail or telephone conference call.

The quorum for a Board Meeting shall be a majority of the Board voting in person, or by postal service mail or email.

Not exact matches

This is because very little is ever formally voted on so if they have the same amount of floor time they might as well be board members.

April 30 - A state of Michigan board voted on Monday to end active oversight of Detroit's finances after the city managed to balance its budgets since exiting bankruptcy in 2014..

On Tuesday, the San Francisco Board of Supervisors unanimously voted to pass a resolution opposing that bill, claiming it would be a detriment to public safety.

Ultimately if you're seeking for approval or board consensus on an action (getting approval for a budget, raising money, investing in CAPEX, firing a head of sales — whatever) your job is to hold a discussion in which all board members who want to voice an opinion can do so and ultimately pushing for a vote or a resolution.

MILAN, April 23 - A judge ruled in favor of an appeal by Telecom Italia and its leading investor Vivendi to block a vote on some board director replacements proposed by activist fund Elliott at an April 24 shareholders meeting, a court document showed.

There is another oddity at Barça too: The president and board members are required to put up 15 % of the club's yearly revenues as collateral when they're voted in, as a guarantee against possible losses.

Northwest and Ethical Investments, a Toronto firm, may seek a proxy vote to prevent the co-CEOs from also serving as co-chairmen of the board of directors if RIM's board can't provide adequate justification for the governance structure by the end of January.

Wesfarmers shareholders have delivered a mild rebuke to their board of directors, delivering a protest vote against a new share options scheme but supporting the company's remuneration report.

After hours of public comment, a Northern California water agency is delaying a vote on whether to support Gov.. The Santa Clara Valley Water District board will vote at a special meeting May 8.

In November 2009, Facebook's board of directors voted to establish a dual - class stock structure, moving the existing shareholders stock from Class A to Class B shares, which carry 10 times the voting power.

The Federal Reserve Board voted Wednesday to raise interest rates, ending close to a decade of virtually free money — and that could mean financing challenges for startups and small businesses.

Taking it one step further, the board also plans to state that it will abide by the vote of shareholders on this proposal.

When unusual transfers of funds take place in either direction between you and your company, keep records that explain the transaction — whether it's a bonus that was voted upon by the board or a loan, in which case you'll want to document its terms.»

Although Zuckerberg maintains voting control of the company, some are calling for Zuckerberg's resignation from one or both of his posts as CEO and chairman of the board.

Uber directors on Tuesday voted to allow Japan's SoftBank to invest in the ride services company and approved a series of governance changes that increases the independence of the board and decreases the influence of former CEO Travis Kalanick.

There are a few details to work out before the Stamford Board of Representatives will take its vote, including what burdens enforcing the ordinance would put on the local police force.

Talk of rate hikes are in the air Wednesday after minutes from the Bank of England's last meeting showed two out of nine board members voted for a rate hike as early as this month, the first time in three years that policymakers have done so.

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.

Uber's board — which includes Travis Kalanick, who was ousted as CEO in June — wrote in the memo that it unanimously voted for Khosrowshahi to take the helm of the ride - hailing giant.

Wellad's third - largest shareholder says it plans to vote against the live cattle exporter's remuneration report and has asked shareholders to back the appointment of one of its representatives to the board.

April 30 (Reuters)- A state of Michigan board voted on Monday to end active oversight of Detroit's finances after the city managed to balance its budgets since exiting bankruptcy in 2014.

The likes of the Ontario Teachers» Pension Plan, Canada Pension Plan Investment Board and British Columbia Investment Management Corp. have policies favouring the principle of one share, one vote.

The unanimous vote by the financial review commission, which was created as part of the city's federal court - approved debt adjustment plan, enables Detroit's elected officials to enact budgets and enter into contracts without first obtaining the board's approval.

He also controls the board of directors thanks the creative use of proxy votes from other co-founders.

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.

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.

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.

Qualcomm's second dismissal of Broadcom's approach puts the focus on a March 6 shareholder vote on whether to replace the smartphone - chipmaker's board with Broadcom's own nominees.

Over the next week, the board will encourage the apparently large number of shareholders that had not cast votes to support the deal, said mergers expert Brian Quinn, an associate professor at Boston College Law School.

On Monday Institutional Shareholder Services (ISS) released a report recommending shareholders vote against 10 of Mylan's 11 current board members, including CEO Heather Bresch.

It was enforced by a voting provision that required Abu Dhabi Investment Council to vote in favor of board nominees select board - members put forth, not uncommon in Canada.

Not only that, but around a third of voting shares abstained from the reelection of every member of the board's compensation committee.

The announcement comes days after the U.S. Justice Department urged the Surface Transportation Board to reject a voting trust arrangement Canadian Pacific Railway had proposed as part of its bid.

Ackman brought a proxy contest, winning an overwhelming majority of the vote and garnering a majority of the board seats.

It was at the same time that Travis agreed in writing to modify the company's voting agreement to ensure that the board was composed of independent, diverse, and well qualified directors.

«Instead of deposing him, the Dell board froze out shareholders, and last week voted to allow the CEO to buy the company at a bargain price using shareholders» own cash,» Icahn wrote.

Even if they don't have a majority vote on the company's board of directors, investors are still part owners and have legal rights.

Stringer, who is leading the effort to vote down Mylan's current board, oversees New York City pensions that together own more than 1.1 million shares of Mylan stock.

JPMorgan lead director Lee Raymond, a former Exxon Mobil CEO, told shareholders at last month's meeting to expect management to reflect on the board's structure in light of the way the votes came down.

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.»

And it shows Harris and two other directors — Louis Lataif and Donald Resnick — were named to the board with the approval of less than 40 % of the eligible voting shareholders.

The pricing issue, which has drawn scrutiny from members of Congress and the U.S. Department of Justice, and Chairman Robert Coury's nearly $ 100 million pay package last year have caused a group of investors to launch an effort to vote down the company's board at its annual meeting on Thursday.