Hints and tips:
...John Rice, lead independent director on AIG’s board, said the analyses provided by ISS and Glass Lewis were “deficient”, and did not recognise “shareholder-friendly provisions” in Zaffino’s pay agreement...
...Fellow proxy adviser Glass Lewis also highlighted Botín’s pay rise as a concern in its report seen by the FT, but backed the overall package because of the bank’s strong results....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Salesforce, the San Francisco-based tech company, plans to put its name on a new glass tower it will occupy along the Chicago River....
...Glass Lewis said its recommendation on the chief executive and chair was underpinned by its concern over the board’s decision to take the rare step of closing the Grail deal in the face of objections from...
...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...
...notebook and pen, and cutlery, together with what may be a drink in a glass....
...(Pimco) — The PagerDuty CEO who quoted Martin Luther King in her mass sacking email is v v v sorry....
...ISS is majority owned by Deutsche Börse. Glass Lewis is co-owned by Canadian private equity firm Peloton Capital Management and Canadian businessman Stephen Smith....
...Kevin Cameron Glass-Lewis is the second of the two dominant proxy advisers, and is led by its co-founder Cameron, a former lawyer....
...With Democratic-leaning commissioners in the majority at the agency, the adoption is all but assured. The SEC declined to comment before Wednesday’s vote by the five-member commission....
...This company shares a Russian director with “Velada LLC”, which was granted a concession by the Assad regime in Syria to explore for oil and gas....
...The result has been a surprisingly cautious approach by Big Tech....
...The Securities and Exchange Commission has scrapped the portion of the proposal that would have forced proxy advisers — led by Institutional Shareholder Services and Glass Lewis — to submit their voting...
...But Glass Lewis suggested it was also concerned by his presence, noting that “the board may be better placed to ensure independent oversight . . . without the potential conflicts faced by the presence of...
...ISS and Glass Lewis respectively endorsed three and two nominees to the ExxonMobil board put forward by activist hedge fund Engine No 1 Last week....
...Its stock is down by almost half since last February....
...Glass Lewis, the proxy adviser, branded the potential payouts “excessive”, adding that based on the company’s current share capital, the maximum payout would be approximately £65.2m....
...Glass Lewis sided with the challenger....
...At 2am on the morning of May 11, Thomas Lauria poured himself a glass of Jack Daniel’s even though he was still at work....
...Anyway, there’s much to enjoy in the paper for policy wonks, technologists or historians, so do have a read if you want a break from wondering whether we’ll have a V-shaped recovery or not....
...Their recommendations were prompted by the estate agent and the casual dining chain bypassing so-called pre-emption rights that give existing shareholders first refusal on any new equity fundraising....
...When editor Jennifer Napier-Pearce went to assess the damage, her heart sank. Three burst pipes had caused a flood. Glass shards and framed clippings were scattered all over the floor....
...Tong in Ho Chi Minh City A version of this article was first published by Nikkei Asia on April 21 2021. ©2021 Nikkei Inc....
...The proposal has been sharply criticised by asset managers, but applauded by corporate lobbying groups such as the US Chamber of Commerce and the National Association of Manufacturers, who alleged proxy...
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