Sentences with phrase «vote against a company»

In a filing with the SEC submitted last Wednesday, the company revealed that 87.7 million shares had voted against the company's executive compensation plan in a Say on Pay vote at Cheniere's annual meeting on September 11.

Most of the time, shareholders vote against a company's pay package when the firm is performing poorly.

Last year, over a quarter of Clarkson plc's shareholders voted against the company's remuneration report and binding pay policies after CEO Andi Case received a bonus of just under # 3m.

The ABI's Institutional Voting Information Service (IVIS) review, published today, shows that serious breaches in governance led to a much higher vote against companies in 2009, than even 12 months ago.

In case a majority of the shareholders vote against a company's remuneration report in a given year, the company should explain in its next remuneration report how the vote of the shareholder has been taken into account.

Glass Lewis & Co., another advisory firm, also recommended that shareholders vote against the company's compensation package, citing «poor overall design» and «performance disconnect.»

Not exact matches

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.

(Three - quarters of votes cast at the company's annual meeting in April went against Barrick's pay practices, and the company has vowed reform.)

The study compared the compound annual growth rate of a Family Index of 23 companies — in which at least 30 % of voting control belonged to a family with multi-generational involvement in the ownership or management — against 412 widely held firms over a 15 - year period (1998 to 2012).

Anne Sheehan, head of corporate governance at California State Teachers» Retirement System, which backs the additional climate reporting, said Exxon's letter suggests the voting is at least very close and may be going against the company.

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.

Nabors shareholders also sent a strong rebuke against the company's governance practices with a majority vote against one of its two director nominees, Myron M. Sheinfeld.

By standing against one share, one vote, the founders of Google and Facebook oppose giving BlackRock the very voting rights required to enforce a long - term focus, should they ever (inadvertently) let their companies stray.

The outspoken and often controversial Wilson said his vote against the two directors sends a signal to the financial community that Lululemon must address the board member issue if the company is to recover.

VANCOUVER — Shareholders of Lululemon Athletica Inc. (Nasdaq: LULU) have re-elected two directors that the company's founder and largest shareholder Chip Wilson voted against in an apparent boardroom backlash, the latest controversy to come to light at the struggling yoga wear retailer.

Mittleman has agreed that until July 1, 2019 it won't take any actions against Aimia, including soliciting proxies, voting any shares, calling a special meeting, proposing the removal of board members, engaging in short selling or making disparaging comments about the company.

Fifty - two percent of shareholders voted against Disney's compensation plan for Iger and other executives, the company said at its annual shareholder meeting in Houston.

* INMARSAT: Investors in Inmarsat voted against the British satellite firm's remuneration report as they made clear their unhappiness at executive rewards for a year in which the company's shares fell 35 percent.

The company asked a judge to deny Greenlight's request for an injunction against the vote.

Airbnb worked to help defeat Prop F, but then held a news conference in which the company said it could mobilize its users to vote down proposed rules that were aimed against it in other cities.

But before the company's first AGM last spring, ISS reported that the package went against its guidelines and suggested shareholders vote against.

The 983 bln pound asset manager will vote against chairs at UK companies if boards have too few women.

The firm, created for the sole purpose of lobbying Taseko to replace two directors and give it a say in key company decisions, had no choice: by the meeting's cut - off date for advanced voting, with 50 % of the votes in, shareholders had voted a resounding 94 % against the dissident's proposals.

Unless you indicate otherwise, the persons named as proxies on the proxy card will vote your Shares: FOR the election of each of the nominees for director named in this proxy statement; FOR the ratification of E&Y as Walmart's independent accountants for fiscal 2014; FOR the non-binding advisory resolution to approve the compensation of the company's NEOs; FOR the approval of the Management Incentive Plan, as amended; and AGAINST each of the shareholder proposals appearing in this proxy statement.

April 14 Proxy adviser Institutional Shareholder Services on Saturday recommended investors vote against the re-election of five Equifax Inc directors who served on the company's audit and technology committees prior to a 2017 data breach.

More than 60 % of shareholders of one major energy company recently voted — against management's recommendation — in favor of the company reporting on its climate progress.

Proxy adviser Institutional Shareholder Services on Saturday recommended investors vote against the re-election of five Equifax Inc directors who served on the company's audit and technology committees prior to a 2017 data breach.

Tesla's board is recommending that shareholders vote against the proposal, saying lead independent director Antonio Gracias protects the company against any potential governance issues arising from having a non-independent chairman.

Mark Pincus, founder of the gaming company Zynga, is reducing his voting power over the company, going against a trend where entrepreneurs lobbied for more control.

Macquarie chairman Peter Warne was quick to defend Mr Moore's remuneration on Friday even after concerns last year about the company's pay practices and opaque structure led to a 15 per cent protest vote against the remuneration report.

As a U.S. company, its pay vote is advisory, not binding; moreover the company's share class structure means that approval is effectively assured, with founders» Class B shares carrying ten times the voting power of ordinary Class A. Nonetheless, opposition has been bubbling up, with an amendment to the company's stock plan generating a 28 % against vote at the 2016 AGM.

Opposition to the appointment has reportedly been exacerbated by a perceived lack of consultation with investors, and the fact that Schroders itself has, as an asset manager, voted against similar moves by other companies.

At last year's AGM, the Company missed a first strike by the skin of its teeth with 24.68 % of poll votes against the remuneration report proposal.

Sumner Redstone and the rest of Viacom's board voted in favor of Dauman, and only Shari Redstone voted against him, according to a source close to the company.

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..

Further, in an effort to encourage transparency and responsiveness to AGM voting, companies will need to explain what action has been taken to consult with shareholders when more than 20 % of votes have been cast against the board's recommendation.

Knauf, which also has a stake in the construction materials company, had asked shareholders to vote against the board nominees as part of its tactic to get USG (NYSE: USG) to accept its offer.

When the votes were announced, investor discontent was even higher than expected, with shareholders resoundingly rejecting the Company's advisory proposal on the remuneration report — in total, just shy of 60 % of voting shareholders registered against votes at the Company's heated AGM.

In a shot across the bows for a number of companies, LGIM said it would vote against British companies where women did not represent at least a quarter of the board, and wanted a full breakdown of any gender pay gap and plans to close it.

The company also voted for the first time against all - male boards of S&P 500 companies in the United States.

Legal & General Investment Management said on April 17 that it will vote against the reappointment of chairs at large UK - listed companies if less than a quarter of the board are women.

From Reuters: 14:47 TARGET CORPORATION SHAREHOLDERS ELECT COMPANY»S DIRECTOR NOMINEES Supposedly the margin was over 70 % voting for the Target (TGT) board, against Ackman and Pershing Square.

LONDON AXA Investment Managers will vote in protest against companies which do not explain how they will boost the number of women on their boards, joining growing demands for workplace diversity.

In a Glass Lewis Proxy Talk held April 17, 2014, Anne Simpson of CalPERS and Michael Garland of the New York City Comptroller's Office discussed why they think shareholders should vote against the re-election of four Duke Energy Corporation directors for what they believe to be a failure of the directors to fulfill their obligations of risk oversight as members of a committee overseeing health, safety, and environmental compliance at the company.

In a unprecedented move, Warren Buffett rebuked building materials company USG USG and said he voted against its board of directors slate.

(Mar 2006) Voted YES on extending the PATRIOT Act's wiretap provision and Santorum will continue the Corporate wellfare system where big business gets an unfair advantage against start up companies.

Outlining its new voting policy, the CIG said its members would also vote against executive pay packages where pay ratios are not disclosed, excessive pensions for chief executives or where financial services or pharmaceutical companies do not pay the living wage.

Fonterra Cooperative Group shareholders will vote on four new directors — one - third of the board — after the dairy company's exhaustive new selection process that rates candidates against a «skills matrix».

A strike at Britain's leading chocolate maker Cadbury's, drew one step closer on Saturday 18 July as workers begin to vote on action against the company's broken pay promises.

Rumored they were bought to make the vote against uber / lyft and also added that theyd be taking away business from multiple companies and owners in town.