New research from Manifest’s US partner ProxyGovernance Inc reveals just how rapidly support is growing for E&S votes at US companies. For the first time, E&S resolutions have represented the largest portion of shareholder proposals. Although the number of resolutions has remained below 200, those resolutions with more than 30% support have seen an 8 …… continue reading >>
|
|||||
|
Changes to SEC disclosure rules effective Feb. 28, 2010 require US listed companies to disclose the results of their meetings within four business days. This means that we are able to provide an overview of the season in a more-timely manner. PGI has put together a summary of the results for some of the more common …… continue reading >> While the AGM season is now mostly behind us as far as the biggest European blue chips are concerned, it’s now the turn of the mid-caps to face their shareholders. A quick review of the data so far shows that overall turnout, based on 74 of the top 100 UK meetings is holding steady at 68% (2009: …… continue reading >> Euro investor activism at US firms continues International pension funds appear ready to continue to pressure U.S. companies to appoint independent board chairs, a leadership structure now commonly adopted by European boards but still relatively rare in the United States. According to research by Proxy Governance only 25% of U.S. companies now have an independent board chair. In …… continue reading >> Easyjet has joined the ‘remuneration-report hall of shame’ following yesterday’s AGM when 28% of shareholders opposed its remuneration report. The revolt puts the low cost airline in the company of Shell, Grainger, Punch Taverns and who have all suffered remuneration defeats at the ballot box. The result probably comes as no surprise given the sharply increased focus on executive …… continue reading >> So, it’s 16:22pm the day after after Infineon’s highly contentious AGM. We have the streaming video from the meeting, we have the presentations, we even have a press release announcing the votes “For” the board candidates. But do we have a definitive list of proxy voting results. No. Is the IR department concerned that …… continue reading >> While it is good news to see that Siemens’ shareholders have resolved to put the past firmly behind them, it is interesting to note the priorities of the Siemens’ PR team. In most markets, proxy voting disclosure has reached a high standard enabling analysts to see the turnout trends. A high quality disclosure would typically include the disclosure …… continue reading >> Some 55.44% of the votes cast on the resolution to approve the remuneration report at the AGM of Punch Taverns voted against the remuneration report, condemning the report to defeat. The company joins a select list of five companies in the FTSE All-Share to have lost this vote in 2009. Shareholders were upset at the …… continue reading >> |
|
||||
|
© 2010 Manifest - The Proxy Voting Agency | ISSN 1745 - 1132 | Log in |
|||||
Loading ...