Sentences with phrase «vote the recommendation of»

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.»

Elsewhere in governance, on Friday the Wall Street Journal endorsed Jamie Dimon's criticism of shareholders who lazily follow the voting recommendations of Institutional Shareholder Services and Glass Lewis, and Nicholas Donatiello and Harvey Pitt argued that the Securities and Exchange Commission should regulate proxy voting to reduce the influence, and conflicts of interest, of ISS and Glass Lewis.

London Company will vote the recommendation of Glass Lewis, a leading provider of independent, global proxy research, unless otherwise directed by the Equity and Income Fund or the Investment Manager.

Not exact matches

While Carney said he was not making any recommendation about how to vote in the June 23 referendum, he gave a positive assessment of reform promises that Cameron extracted E.U. leaders ahead of the referendum.

And Lisa Lindsley, director of capital strategies at AFSCME, says Exxon did not reach out to AFSCME to discuss its views or meet with the organization either before or after it issued a negative voting recommendation on Exxon's executive pay plan.

Politico reports that the recommendations are also a nod to Republican donors who have told the GOP that they would like Iowa's conservative caucus voters conservative activists — like those who vote in Iowa's caucuses — to have less of a say in the nominating process.

The board released a statement on Friday that responded to Icahn's latest offer and reiterated its recommendation to shareholders that they vote in favor of the $ 13.65 per share offer.

However, it is not necessary to mark any boxes if you wish to vote in accordance with the Board of Directors» recommendations; in that case, merely sign, date and return the proxy card in the enclosed envelope.

If you vote by proxy card or voting instruction card and sign the card without giving specific instructions, your shares will be voted in accordance with the recommendations of the Board (FOR all of HP's nominees to the Board, FOR ratification of the appointment of HP's independent registered public accounting firm, FOR the approval of the compensation of HP's named executive officers, FOR the approval of an annual advisory vote on executive compensation, FOR the Hewlett - Packard Company 2011 Employee Stock Purchase Plan and FOR the approval of an amendment to the Hewlett - Packard Company 2005 Pay - for - Results Plan to extend the term of the plan).

There are concerns about potential conflict of interest in vote recommendations, lack of transparency, undo influence and inaccurate assessments with inadequate review.

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.

L. (Sept. 1, 2014), http://us.practicallaw.com/4-578-4485 [http://perma.cc/8XRK-A4YL](«It appears that ISS negative vote recommendations based on the perceived lack of board responsiveness to shareholder concerns (as evidenced by the failure to implement a successful shareholder proposal) was the leading factor associated with directors who failed to receive a majority of votes cast in an uncontested election in 2014.»)

Most of the close to 50 investors surveyed said recommendations from firms like Glass Lewis & Co. and Institutional Shareholder Services Inc. have a «low influence» on how they vote at annual meetings for companies they own.

Even a study that purports to show that proxy advisor recommendations are not as influential as some contend finds that the advisors drive 6 to 10 % of the vote.

In addition to this core product line, RiskMetrics owned Institutional Shareholder Services Inc. (ISS), a pioneer in the development of policy - based proxy voting recommendations.

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.

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.

You are encouraged to specify your choices by marking the appropriate boxes on the reverse side, but you need not mark any boxes if you wish to vote in accordance with the Board of Directors» recommendations.

The statements provided are not financial advice, nor are they recommendations or solicitations to buy, sell or trade any security, nor are they solicitations of any proxy or vote.

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Following discouraging market share losses in fiscal 2017, shareholders voted — against management's recommendation — to add activist investor Nelson Peltz to the board of directors late last year.

This report focuses on voting trends on director elections in the United States and Canada, including discussion of failed directors, and Glass Lewis» vote recommendations.

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.

Proxy Paper provides objective analysis and voting recommendations on thousands of proxies around the world.

In its release, Magna said the vote was «impacted» by the voting recommendation issued in April by ISS Proxy Advisory Services, which recommended shareholders withhold their votes for the three directors because of the way they handled the buyout deal with Mr. Stronach.

June 11: Uber's board meets and votes to unanimously accept all of Holder's recommendations for the company

Because the SEC's rules for resubmission of a failed proposal by a shareholder in the next year's proxy statement require that the proposal have received up to 10 % of the vote (depending on how many years it has been submitted), the significant voting impact of an ISS recommendation can empower a proponent to resubmit a proposal year after year, imposing costs on the company and creating waste and negative publicity to the detriment of the company and its shareholders.

«To ensure public shareholders are not disadvantaged, any takeover bid would need to be put to a shareholder vote and any recommendation by the board would have to be based on an appropriate premium as well as safeguards for future probity given past track records of the businesses controlled by the Murdoch family», said Kieran Quinn, chairman of Britain's Local Authority Pension Fund Forum (LAPFF).

Shares that are properly voted via the Internet 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; and «AGAINST» the shareholder proposals.

Just last month the American Psychiatric Association, voting on a recommendation from its board of trustees, dropped homosexuality as such from its list of mental disorders.

Rejecting the recommendation of a task - force study that such ordination be allowed, the assembly voted instead that only repentant homosexuals who choose celibacy or seek a reorientation of their sexual desires should be considered as qualified candidates for ministry.

There will be one vote at the end of the synod, to approve the final document of recommendations, called the Relatio Synodi, which will be given to Francis.

OFA farm members voted to follow the recommendations of the NOSB Crops Subcommittee and not allow hydroponics under the organic label.

The commonwealth, state and territory health and food ministers will meet next week to discuss and vote on which labelling recommendations to propose to the Council of Australian Governments.

Catherine King: Well, he certainly made a recommendation based on the submissions that he had, but we've looked across internationally and the country, I've even visited and the UK and the European Union myself to look at what's happening over there and had a chat to them, and on the basis of what we've decided — and this is one position in terms of the Food Regulatory Ministerial Council, we've got one vote on that council — we don't wish to pursue traffic light labelling at this point.

The vote for Las Vegas expansion was unanimous, with Commissioner Gary Bettman and the other 30 owners following the June 7th recommendation of the nine - member Executive Committee.

Last week the Ontario Hockey League, one of those under the CHL's auspices, voted to adopt all 41 of the report's recommendations.

The Village Board is expected to vote in favor of the Plan Commission's recommendation.

The AIA Executive Board voted in favor of implementing a recommendation from the AIA Sports Medicine Advisory Committee (SMAC) that will limit contact during football practice in the pre and regular seasons.

The Long Grove Village Board on Tuesday night followed the recommendation of the Plan Commission and voted against a controversial proposal for a country inn, restaurant and cultural center.

Baby food regulations: 6 - months recommendation and less sugar Members of the European Parliament (MEPs) voted on 19 January 2016 (393 votes in favour, 305 votes against) to reject draft EU rules on baby food, which would have allowed baby foods...

The committee voted to approve the plan to develop the tot lot playground and will submit its recommendation to the park district's Board of Commissioners, which meets on July 15.

«Yesterday, September 22nd, 2016, the National Working Committee considered the report of the Appeal Committee and puts its decision on the recommendations of the Appeal Committee to vote.

The future of a second Emerson School of Hospitality is uncertain, after Buffalo School Board members declined to vote yesterday on Superintendent Kriner Cash's recommendation to build a satellite program on a site downtown near the existing campus.

We conclude that the most effective and democratic way to decide who should be tasked with forming the next government in such situations is a vote in parliament to nominate the new Prime Minister, in the form of a recommendation to the Monarch.

Most people make voting decisions based on the recommendations of family and friends, so every active information - seeker you can recruit may have an effect on other late - deciders they know.

Within two months of the date of the first public hearing, the Convention was required to report and make recommendations on two preliminary matters, namely, the reduction of the presidential term of office to five years, and the reduction of the voting age from 18 to 17.

However what makes it really interesting is that there is a convention that the trade unions will generally reflect the recommendations of the NEC in their conference delegate voting patterns.

«If our recommendations are in there, you'll have a number of (yes) votes,» Skelos said after they had what he described as a friendlier, brief meeting with Paterson later in the day.

The board's recommendation comes down to a vote of the three members.