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Tag: PROXY

DNA double helix

Mass Resignation of 23andMe Directors Caps Year Beset by Board Drama

DNA double helix

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...

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Nighttime shot of Disney's Epcot Center

Activist Investor Jockeys to ‘Restore Magic’ at Disney Amid Proxy Fight

Nighttime shot of Disney's Epcot Center

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...

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Two unrolling fern fronds

ESG Shareholder Proposals Gain Surprisingly Strong Support

Two unrolling fern fronds

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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Sustainability meeting with diverse group of people writing

Activist Investors Use SEC’s Shift to Press Companies on Climate and Social Agendas

Sustainability meeting with diverse group of people writing

When it comes to pushing for clean energy and environmentally responsible policymaking, publicly traded companies talk a big game. Their actions don’t match the rhetoric, though. That’s the takeaway offered by a report from sustainability a...

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Silhouette of a woman's face in Supreme Court.

Companies Respond to Supreme Court’s Roe v. Wade Reversal

Silhouette of a woman's face in Supreme Court.

The last week has seen a wave of announcements from companies in response to the Supreme Court’s opinion in Dobbs v. Jackson Women’s Health Organization quashing federal abortion rights. The speed of the announcements indicated many compani...

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