Sentences with phrase «voted against its board»

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.

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

From the Office of State Comptroller Thomas P. DiNapoli New York State Comptroller Thomas P. DiNapoli on Wednesday announced that the New York State Common Retirement Fund (the Fund) plans to vote against all board directors standing for re-election at companies that have no women on their boards.

New York State Comptroller Thomas P. DiNapoli on Wednesday announced that the New York State Common Retirement Fund (the Fund) plans to vote against all board directors standing for re-election at companies that have no women on their boards.

Aleph Investments will generally vote against any Board member who is also a Director of four or more different companies.

Not exact matches

The board agreed — non-votes will not count against Dell — and changed the new voting date to September 12.

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.

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.

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.

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» board is not legally compelled to abide by the majority vote against Sheinfeld's election, and it has decided to keep him on the board.

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 supports voting «no» on the compensation plan and is advising against three board members, Compensation Committee Chair Wendy Cameron, Audit Committee Chair Neil Dimick, and Compliance Committee Chair Mark Parrish.

Netflix's board is divided into three separate classes, so shareholders don't even get to vote for or against all the directors every year, just a selection of them.

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.

Too often (95 % of the time) fund managers endorse the current board, they vote against other shareholders» proposals and they fail to introduce proposals of their own, Bogle says.

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.

In quick succession, Redstone's daughter Shari voted against Dauman becoming chairman, Redstone himself expressed a lack of confidence in the man he formerly called «one of the smartest men I know,» and then he removed Dauman from the board of the trust that will control Redstone's $ 40 billion stake in both Viacom and CBS after his death.

Clearwire's board last week recommended that its shareholders vote against Sprint's $ 3.40 per share offer at a special meeting scheduled for June 24 and instead urged them to accept Dish's tender offer to buy Clearwire shares for $ 4.40 each.

Current proxy rules work against shareowners who are trying to vote in alternative and independent board members, but it is shortsighted of firms to ignore owners» interests.

Approval of the amended and restated Apple Inc. 2014 Employee Stock Plan B Shareholder Proposals — The Board of Directors recommends a vote AGAINST Proposals 5, 6, 7 and 8.

Unless a contrary choice is specified, proxies solicited by our Board will be voted AGAINST each shareholder proposal

Glass Lewis says it will recommend voting against a director on more than five boards, or two for executives.

So it's curious that ahead of a shareholder meeting in February, Apple's board of directors is recommending that investors vote against a proposal to increase the diversity of its board and senior management.

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

The Board recommends a vote against each of the following shareholder proposals based on broader policy reasons as set forth in Walmart's statements in opposition following each shareholder proposal.

The Board recommends a vote against each of the following shareholder proposals for the reasons set forth in Walmart's statements in opposition following each shareholder proposal.

One advises shareholders to vote Biglari to the board, while the other advises against it.

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.

+ A Proposals — The Board of Directors recommends a vote FOR all the nominees listed in Proposal 1, FOR Proposals 2 and 3, and AGAINST Proposals 4, 5, and 6.

IMPORTANT ANNUAL MEETING INFORMATION + A Proposals — The Board of Directors recommends a vote FOR all the nominees listed in Proposal 1, FOR Proposals 2 and 3, and AGAINST Proposals 4, 5, and 6.

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.

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.

Proxy advisor Institutional Shareholder Services considers hedging and pledging a failure of risk oversight sufficient to warrant possible votes against directors, a committee or the entire board.

The Board of Directors reasons for recommending a vote against those proposals have not changed.

Qualcomm's board of directors voted against the split.

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.

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.

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 against Dauman.

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.

DavidsTea's board of directors is urging shareholders to vote against Segal's proposed board members, and they are not alone.

And shareholder Berkshire Hathaway (NYSE: BRK.A) says it plans to vote against USG (NYSE: USG) Corp «s new board nominees as it pushes USG (NYSE: USG) to reconsider that nearly $ 6 billion takeover offer from Germany «s Knauf.

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.

Last year, LGIM voted against 37 board chairs or chairs of nomination committees in the UK due to poor diversity.

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.

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.

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.