Sentences with phrase «voting control»

She's suing her former husband to get back voting control of her 9 percent stake in the company.

Multiple share classes are often used to permit the founders or the insiders to retain voting control while owning less than 50 % of the outstanding stock.

Effective voting control allows a family (or its appointed managers) to ignore the pressure to deliver short - term financial results.

Management thus may eventually obtain voting control without ever investing any additional equity in the firm.

At each stage the parties are ordered by the total votes they control, shown by the length of the adjacent bar.

Family that controls it has little over 25 % economic ownership but > 60 % of voting control via dual class shares.

After all, financial aid from the government would, in some ways, serve to enrich the Beaudoin - Bombardier family, which maintains voting control of the company.

For the purposes of The Long View, CCBE defined family firms as public issuers with at least 30 % of votes controlled by a family entity.

In 2015, less than a year after retiring as CEO of convenience store giant Alimentation Couche - Tard, the executive chairman, along with his three co-founders, put forward a resolution to extend their time - limited voting control — the group holds 22 % of the company's equity — to ward off any future takeover attempts.

To resolve the charges, the SEC said, Holmes has agreed to pay a $ 500,000 penalty, will give up majority voting control of the company, and will be barred from serving as an officer at a public company for a decade.

Still, Zuckerberg has greater freedom of action than most CEOs thanks to a stock structure that lets him sell most of his shares of Facebook while maintaining voting control in near - perpetuity.

T - Mobile majority - owner Deutsche Telekom will own a little over 40 percent of the combined company, but will have voting control so it can consolidate the company on its books, the sources said.

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).

Is multiple - voting control unfair?

By Monday morning, the NBA will have crowned a champion and Facebook's shareholders will be gathering for the company's annual meeting, with votes concerning Mark Zuckerberg's majority voting control planned.

On Monday, Facebook holds its annual shareholder meeting and this year's gathering features a vote on creating another new class of company stock that could help ensure that co-founder and CEO Mark Zuckerberg can maintain his majority voting control even if he sells his shares or transfers them to the Chan Zuckerberg Initiative, the philanthropic endeavor started by Zuckerberg and his wife, Priscilla Chan.

In addition, Didi made no comment on an earlier report that new investors will not have traditional voting rights as Didi's management reserves voting control under a proxy arrangement.

For outside shareholders, this lack of voting control means they will be unable to effectively participate in the election of the board of directors or the appointment of auditors.

However, other countries already have complained that voting control remains dominated by the major promoters of arbitrage speculation — the United States, Britain and the eurozone.

Facebook scrapped plans to create a new class of shares that would have allowed Zuckerberg to sell almost all of his stock without losing voting control of the company, a move that aggrieved some shareholders.

CCBE fully acknowledges the potential risk that an imbalance of economic interest and voting control presents to the core of shareholder democracy.

In addition to his role as Trustee of RMT Trust and Director of Dover Motorsports and Dover Downs Gaming & Entertainment, Mr. Rollins was the Chairman of the Board of Rollins, Inc. (NYSE: ROL), Marine Products Corp. (NYSE: MPX), and RPC, Inc. (NYSE: RES) and maintained shared voting control of each of these public companies with his younger brother, Gary Rollins.

Companies on the list must have a «strong balance sheet that could be recapitalized or liquidated to achieve activist value creation; and insiders must own less than 20 % of the shares, implying an inability to exercise voting control over the company:»

The Top 500 Royal Lepage Agents in Canada can overnight own voting control over any Brookfield decision for less than one year's fees.

In a Facebook post, Zuckerberg wrote, «Over the past year and a half, Facebook's business has performed well and the value of our stock has grown to the point that I can fully fund our philanthropy and retain voting control of Facebook for 20 years or more.

In 2015, less than a year after retiring as CEO of convenience store giant, the executive chairman, along with his three co-founders, put forward a resolution to extend their time - limited voting control — the group holds 22 % of the company's equity — to ward off any future takeover attempts.

At this point, with Graves and Camp, he has effective voting control of the board, but that could certainly be challenged by major shareholders.

Today the foundation owns 5.2 % of outstanding shares but 48 % of voting control in the company, ensuring that the company is always focused on growing long - term wealth to both enrich investors as well as its local community.

Sadly for Alphabet shareholders like us, management's voting control over the company effectively eliminates that possibility.

«Over the past year and a half, Facebook's business has performed well and the value of our stock has grown to the point that I can fully fund our philanthropy and retain voting control of Facebook for 20 years or more,» Zuckerberg wrote at the time.

She has also relinquished her voting control of Theranos by converting her super-majority Theranos Class B Common shares to Class A Common shares.

Facebook CEO Mark Zuckerberg, for example, tried to propose a share structure that would allow him to maintain voting control of the company even as he sold off most of his shares to support philanthropic causes.

But unlike a typical venture deal with a corporate governance structure in place, investors don't get a board seat, voting control or shareholder protections, and they hold no equity.

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.

Although VimpelCom would own the majority stake in Wind, Lacavera retains voting control.

Its proposed exchange of shares for the Fox assets also raises questions about the Roberts» family's voting control and whether Fox would accede to that continued control after receiving its shares.

Less than a year after retiring as CEO of convenience store giant Alimentation Couche - Tard, the executive chairman, along with his three co-founders, put forward a resolution to extend their time - limited voting control — the group holds 22 % of the company's equity — to ward off any future takeover attempts.

(Holmes, who agreed to pay a $ 500,000 fine, forfeit shares, and give up voting control of Theranos, did not admit or deny the allegations; there is also an ongoing federal criminal probe into the company.)

Some mechanism must exist to permit outside shareholder reevaluation of the «locked up» voting control,» he wrote.

Upon his death, de Carvalho - Heineken, his only child and sole heir, inherited 100 million shares of the company — a 25 % stake — which gave her voting control.

In an unusual move for a Silicon Valley company, Zynga chairman Mark Pincus has given up voting control of the social gaming company he founded more than a decade ago.

Lastly, there are entrepreneurs with soon - to - be-insolvent firms that hold controlling preferred equity positions and Board seats, leaving a potentially deadly vacancy in governance and voting control.

This time around, the proposal is expected to tilt toward approval almost entirely by virtue of Mr. Biglari's transparent campaign to undertake circular purchases of Biglari Holdings shares through a company - funded investment vehicle over which he exercises sole managerial and voting control.

The congregations own the building, has the voting control.