Hints and tips:
...Influential proxy adviser Glass Lewis has recommended Goldman Sachs shareholders oppose chief executive David Solomon’s $31mn pay package in an upcoming shareholder vote....
...St Patrick’s Day celebrations will ring out around the world next Sunday, as well as in the days leading up to the feast day of Ireland’s patron saint....
...ISS’s recommendations diverge from fellow proxy adviser Glass Lewis, which earlier this week backed all of Disney’s board nominees....
...Companies that received less than 75 per cent support for bonus plans jumped to 159 this year from 112 in 2022, Glass Lewis said....
...Institutional Shareholder Services and Glass Lewis raised concerns about the design of pay packages at the social media company, adding that there was a “misalignment between CEO pay and company performance...
...Can solid-state battery technology offer a path back to leadership, asks Leo Lewis in Tokyo....
...Their version of history was parochial, dealing with, as the poet Patrick Kavanagh wrote in defence of that term, “the fundamentals”....
...If convicted of the criminal charges, Lewis could be jailed for decades. US prosecutors on Wednesday also charged the two pilots, Patrick O’Connor and Bryan Waugh, with securities fraud....
...Additional reporting by Patrick Temple-West and Anna Nicolaou...
...Chief executive Will Lewis has signalled he does not anticipate another “Trump bump” to the paper’s business....
...Glass Lewis says it “has severe reservations” about the pay package....
...Toyoda could face a shareholder rebellion against his continuing role as chair, after proxy adviser Glass Lewis last month said he had presided over a board with too few independent directors....
...Patrick Oude Groeniger founded the luxe artificial flower business Silk-ka in the 1980s (a former florist, he developed a pollen allergy)....
...They succeed Patrick Ryan, who led the team since 2009. The firm also appointed three managing partners in its Houston office....
...Another problem is the expansion of China’s nuclear capabilities, carefully laid out in this article by Patrick Zoll for the Neue Zürcher Zeitung....
...Republican state attorneys-general in the US have taken aim at corporate proxy advisers, challenging Institutional Shareholder Services and Glass Lewis over their recommendations tied to climate and social...
...Over the years, Dimon has criticised what he views as “lazy” shareholders who follow recommendations by ISS and Glass Lewis, which provide voting advice to investors in publicly traded companies....
...Proxy firm Glass Lewis sided with Icahn on several points, noting the board’s decision to appoint Thompson as Illumina chair was “rather weak” given his relationship with deSouza before joining the company...
...It’s a conversation between Patrick O’Connor, one of Lewis’s pilots and a friend of his, and they’re discussing another man named Brian Waugh, who is also a pilot for Lewis....
...As the FT’s Leo Lewis points out, a lot of people just want their chance to snap a picture of these two living legends for bragging rights....
...As a result, ISS and Glass Lewis have significant sway over the corporate landscape, the SEC has said....
...The two largest shareholder advisory firms — ISS and Glass Lewis — have also recommended rejection. “[McDonald’s] appears to align with regulatory requirements around antibiotic use,” ISS said....
...patrick.templewest@ft.com...
...Five judges, including Reed and his deputy Lord Patrick Hodge, said the plan to send asylum seekers to the African nation put them at “real risk” of later being returned to their home countries and mistreated...
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