Tag: PROXY
SubscribeSouthwest Airlines Makes Concessions to Thwart Proxy War
Southwest Airlines has long cherished its reputation for doing air travel differently than other major characters. Among its most famous quirks, Southwest has been known for its open-seating policy. Loved by some travelers and reviled by ot...
Read MoreDeere Looks to Nix DEI-Related Shareholder Proposals
This past summer, Deere & Co., the manufacturer of John Deere lawnmowers, became a poster child for the backlash against corporate DEI programs, ditching its efforts in the face of a public pressure campaign. The company is now trying t...
Read MoreMass Resignation of 23andMe Directors Caps Year Beset by Board Drama
In the latest example of board-related drama in a year riddled with it, embattled genetic testing company 23andMe was dealt yet another blow last week when all seven of its independent directors resigned en masse over disagreements about th...
Read MoreActivist Investor Jockeys to ‘Restore Magic’ at Disney Amid Proxy Fight
House of Mouse beware the machinations of Batman and Robin. Activist investor Nelson Peltz, CEO of Trian Fund Management and a longtime agitator of brand-name corporations, has launched a campaign to “restore the magic” at the Walt Disney C...
Read MoreESG Shareholder Proposals Gain Surprisingly Strong Support
A familiar scene unfolded at the annual shareholder meeting of oil giant BP in London last month when demonstrators derailed the proceedings less than 10 minutes after chairman Helge Lund started his opening remarks. Security officers dragg...
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