Tag: shareholder proposal
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 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 MoreExxon Bypasses SEC, Seeks Court Order to Block ESG Shareholder Proposal
As companies contemplate how best to respond to the rising number of environmental, social and governance (ESG) proposals from activist shareholders, Exxon Mobil has employed an unusual strategy to avoid such a vote. The oil giant is sidest...
Read MorePaid Sick Leave Latest ESG Issue in Shareholder Proposals
As the world re-emerges from the pandemic, many employers will find themselves re-evaluating policies on everything from telecommuting to acceptable office attire. The events of the last year shined a particularly bright light on the workin...
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