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.
Proxy Paper provides objective analysis and
voting recommendations on thousands of proxies around the world.
7/18/2013: LULAC sends Members of Congress specific
vote recommendations on various amendments being considered on the floor of the House on H.R. 5, the Student Success Act of 2013.
Not exact matches
«I fully support this transaction and the Board's decision to pursue it, and will
vote my shares in accordance with their
recommendation on it.»
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.
If you sign and return your proxy card but do not give any
voting instructions
on your proxy card, these individuals will
vote your shares by following the Board's
recommendations above.
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).
The
recommendation comes just a day after both the LSE and Maple sweetened their offers in a bid to sway TMX shareholders, who are expected to
vote on the LSE deal
on June 30.
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.
ISS's own metrics show that, collectively, an ISS
recommendation on a shareholder ballot increases
votes for a proposal by 15 %
on average, while a thumbs - down from ISS leads to a 17 % decline.
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.
Cotter et al., supra note 173, at 981 (summarizing findings that ISS
recommendations had a «significant» effect
on say -
on - pay
votes); id.
L. Rev. 83 (2010), proposes going beyond merely permitting shareholder
recommendations under 14a - 8 to, among other things, majority shareholder
voting on corporate speech decisions.
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.
Institutional Shareholder Services (ISS) has issued a
voting recommendation inconsistent with the Board's
recommendation on the say
on pay proposal.
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.
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.
Courteney Keatinge oversees Glass Lewis» research and
vote recommendations for shareholder proposals and covers research
on major environmental and social issues in all major markets.
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).
Proxy
Voting Management Proxy advisory firm ISS updated its proxy
voting guidelines last fall to introduce a more detailed approach to the
recommendations it makes
on companies» equity plans and shareholder proposals for an independent chairman.
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.
Recommendations are sometimes revised during NOSB discussion and the appropriate subcommittee has the option to either call for a
vote on the final
recommendation or withdraw it for further work by the subcommittee.
The board meets twice yearly to
vote on final
recommendations to the National Organic Program (NOP).
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 World Rugby Council will now meet
on 15 November in London to consider the
recommendation and
vote on the next host.
Although the Zoning Board will not
vote on a
recommendation for the project until June or July, board members appeared less than impressed with the proposed parking accommodations, questioning whether the new facility's 113 parking spaces will be adequate.
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.
By a unanimous
vote, the board acted
on board member Walter Netsch «s
recommendation to create the panel.
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.
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.
«I hope the Panel
on Educational Policy insists
on a more consistent approach and
votes not to accept these
recommendations.»
In a statement after the two - hour meeting, a spokesman for the leader said: «Shadow Cabinet agreed to back Jeremy Corbyn's
recommendation of a free
vote on the Government's proposal to authorise UK bombing in Syria.»
In his initial budget
recommendation to lawmakers in January, Cuomo inserted several policy proposals, including ones to extend the statute of limitations
on child molestation, authorize advance
voting and eliminate cash bail requirements in low - level criminal cases.
Based
on the city's Universal Land Use Review Procedure (ULURP), the fate of the rezoning proposal is currently in the hands of the CPC, following non-binding
votes and
recommendations from Community Board 12 and Manhattan Borough President Gale Brewer.
Manhattan Borough President Gale Brewer has issued her
recommendation to the City Planning Commission (CPC)
on the proposed Inwood rezoning,
voting «no» with conditions.
Rangel's spokesman said the congressman has not yet been told when the full House will
vote on the committee's censure
recommendation, which came before the week - long Thanksgiving break.
He says his committee will make its
recommendation to the Assembly Speaker, and then the full legislature will have a chance to
vote on it.
Earlier this month, Bronx Borough President Ruben Diaz issued a negative
recommendation to the City Planning Commission, which will
vote on the Related Companies proposal
on Oct. 19.
These
recommendations can be
voted on in any election, either one specially called or in conjunction with other statewide elections, and need only pass by a simple majority of those casting
votes.
The future of a second Emerson School of Hospitality is uncertain, after Buffalo School Board members declined to
vote Wednesday
on Superintendent Kriner Cash's
recommendation to build a satellite program
on a site downtown near the existing campus.
The legislature is allowed to conduct no more than two up - or - down
votes on the commission's
recommendations.