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.
It is unusual for shareholders to
vote against executive compensation.
Goldcorp Inc. (TSX: G) registered 22.3 % of
votes against its executive pay proposal and Teck Resources Ltd. (TSX: TECK.B) saw 25.3 % vote against.
Barclays bank faced outrage from its shareholders at its annual general meeting today, with close to 27 %
voting against executives» pay.
Barclays bank faced outrage from its shareholders at its annual general meeting today, with 31.5 %
voting against executives» pay.
Not exact matches
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.
The 30 sandwiches came from a list of about 200, which
executives had previously
voted either for or
against based on just their names.
Fifty - two percent of shareholders
voted against Disney's compensation plan for Iger and other
executive
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.
The June 23
vote took many investors and chief
executives by surprise, triggering the deepest political and financial turmoil in Britain since World War Two and the biggest ever one - day fall in sterling
against the dollar.
* 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.
Glass Lewis says it will recommend
voting against a director on more than five boards, or two for
executives.
Shares that are properly
voted by the Internet or telephone or for which proxy cards are properly executed and returned will be
voted at the Annual Meeting in accordance with the directions given or, in the absence of directions, will be
voted in accordance with the Board's recommendations as follows: «FOR» the election of each of the nominees to the Board named herein; «FOR» the ratification of the appointment of our independent auditors; «FOR» approval, on an advisory basis, of our
executive compensation as described in this Proxy Statement; and «
AGAINST» the shareholder proposal.
Shares that are properly
voted via the Internet, mobile device, or by telephone or for which proxy cards are properly executed and returned will be
voted at the Annual Meeting in accordance with the directions given or, in the absence of directions, will be
voted in accordance with the Board's recommendations as follows: «FOR» the election of each of the nominees to the Board named herein; «FOR» the ratification of the appointment of our independent auditors; «FOR» approval, on an advisory basis, of our
executive compensation as described in this Proxy Statement; and «
AGAINST» each of the shareholder proposals.
NEW YORK (Reuters)- Viacom Inc's board of directors named Chief
Executive Officer Philippe Dauman as executive chairman, replacing majority owner Sumner Redstone, overriding calls for an independent board chief from Redstone's daughter, who voted agains
Executive Officer Philippe Dauman as
executive chairman, replacing majority owner Sumner Redstone, overriding calls for an independent board chief from Redstone's daughter, who voted agains
executive chairman, replacing majority owner Sumner Redstone, overriding calls for an independent board chief from Redstone's daughter, who
voted against Dauman.
Board chair David Denison says in a separate statement that the government told Hydro One it would
vote against compensation changes, and he adds that the utility will consult with shareholders and get «additional independent advice» on
executive compensation.
Tatts received a significant protest on
executive pay with 22 per cent of
votes cast
against the remuneration report, just short of the 25 per cent level required to record a strike.
The Board recommends a
vote AGAINST a stockholder proposal seeking to have us adopt a policy requiring that senior
executives retain a significant percentage of stock acquired through equity pay programs until reaching retirement age because our existing stock ownership guidelines and other compensation policies already effectively facilitate significant stock ownership by our
executives, and establishing holding requirements based on a particular retirement age would not be in the best interests of our stockholders.
At its annual meeting Tuesday, April 17, 2012, 55 percent of the bank's shareholders
voted against the pay packages that have been granted to Citigroup's top
executives, including Pandit's $ 15 million for last year and $ 10 million retention pay.
accountants, FOR the advisory
vote on
executive compensation, FOR the amendment to the Restated Certificate of Incorporation, and
AGAINST each of the shareholder proposals.
The Park Board has scheduled an
executive session for Saturday morning, and board President Ken Nolan said he expects the five - member board to
vote to proceed with a lawsuit
against the school district.
She helped save the Labour Party by
voting as a member of Labour's national
executive committee
against the expulsion of Nye Bevan.
On November 21, 2013, the Senate used the so - called «nuclear option»,
voting 52 - 48 — with all Republicans and three Democrats
voting against — to eliminate the use of the filibuster on
executive branch nominees and judicial nominees, except to the Supreme Court.
Specifically, these modern tribunes would be entitled to veto one piece of congressional legislation, one
executive order and one Supreme Court decision; to call one national referendum, over any issue they wish (only two - thirds
votes of both the U.S. Senate and House of Representatives may render the statute unconstitutional); and to initiate impeachment proceedings
against one Federal official from each of the three branches of government during their term of office.
David Cameron has called on marketing and advertising
executives to
vote against Brexit — by citing...
Any ex officio member of the
Executive Committee (District Leaders, past president) who runs
against a VID slate or endorsed candidate will forfeit his / her seat on the
Executive Committee until the next annual
vote for
Executive Committee members.
Voted against prohibiting funds to implement an
executive order requiring federal agencies to provide foreign language services;
A reader forwarded an e-mail from a fairly frantic - sounding Dan Cantor,
executive director of the Working Families Party, announcing the labor - backed party wasn't successful in getting a pre-Election Day decision in the so - called «double -
vote» lawsuit it brought
against the state Board of Elections along with the state Conservative Party.
But unless Conservative MPs turned out en masse to
vote against the Party's right - an unlikely course of action, given the»22
Executive results - Liberal and Labour support for less spiky candidates provides the only comprehensible explanation of the results.
Geoff Berman,
executive director of the state Democratic Party that is essentially controlled by Cuomo, used Saturday's
vote as a cudgel
against his fellow liberals in the WFP.
Meanwhile, Erie County
Executive Mark Poloncarz
voted against the downtown site, too.
But if, after this
vote, backbenchers and parliament are stronger
against the
executive, the freedoms of groups to associate together are weaker.
He may be seeking to bolster his own credentials after his
vote against the 2013 county budget which had restored sheriff's officers eliminated by the county
executive.
In last year's race for Westchester County
Executive, republican Rob Astorino's campaign compiled the total number of times that his democratic opponent, George Latimer,
voted for tax increase as a member of the Westchester County Board of legislators, which was 46 %, and used it to campaign
against him as a «tax and spend democrat.»
County
Executive Steve Bellone issued a certificate of necessity to permit an immediate
vote after the center's insurers had agreed only to extend its liability coverage until June 7 in the face of two lawsuits brought
against the county and the nonprofit over its program to verify residences of sex offenders listed on a state registry.
Johnston and Erie County
Executive Mark Poloncarz also
voted against incentives being offered to Kolkmeyer's project.
After a tense few hours of Labour's National
Executive Committee meeting yesterday, the party's ruling body decided by 18
votes to 14 that Jeremy Corbyn would have an automatic right to be on the ballot in the leadership election
against Angela Eagle.
David Cameron has called on marketing and advertising
executives to
vote against Brexit — by citing some of his favourite adverts.
Earlier this morning the state Democratic Committee
Executive Director and mainline Senate Democrats blasted the invitation extended to Cruz for the GOP's annual dinner this month, namely for his
vote against Hurricane Sandy aid.
Labour's National
Executive Committee is set to
vote on the dispute as soon as tomorrow but if they rule
against Mr Corbyn the row could end up in court.
Gallagher - Cohen, Rath and Dennis Elsenbeck, National Grid's regional
executive, all
voted against the policy — each citing concerns that it needed additional study.
He is engaging in some student union style gesture politics by urging Council pension fund shareholders in News Corp by
voting against James Murdoch continuing on the board and
against Rupert Murdoch as Chairman and Chief
Executive.
«The
Executive Board
voted against supporting a particular candidate,» Root wrote in a message to union members, Syracuse.com reported.
«The
Executive Board
voted against supporting a particular candidate,» Root wrote in a message to union members,
Steve Bellone, the Democratic county
executive in Suffolk County on Long Island, is urging a North Country Republican lawmaker to
vote against the tax bill in Congress.
Now, Lazio's ties to Wall Street and his congressional
votes to deregulate the nation's banking system - a bill that critics say helped lead to the nation's recent financial crisis - are an issue in his battle for the GOP gubernatorial nomination
against Suffolk County
Executive Steve Levy and Buffalo developer Carl Paladino.
Five of the Majority Caucus members who
voted against downsizing now support the gerrymandered map that was vetoed by the County
Executive.
Following a threat of impeachment from some Assembly Members, the Tamale Metropolitan Chief
Executive, Iddrisu Musah, also known as Musah Superior, has refuted allegations of abuse of power, put forth by the 31 members who have resolved to pass a
vote of no confidence
against him.
Plochocki, a fiscal hawk, passed a key Conservative Party litmus test by
voting against pay raises for the county
executive and legislators in December 2015.
Among those
voting against the downtown location was Erie County
Executive Mark Poloncarz, Rep. Brian Higgins and Sen. Tim Kennedy.