April 03, 2006

Director Elections Proposals Published in Proxies up to March 31, 2006

At least 49 resolutions calling for a majority vote threshold to be applied to director elections have been published in US public company proxies already this year (up to 31 March 2006).

Of these, 12 are repeat resolutions which last year earned anywhere from 30 percent support (Paccar Inc) to 58 percent support (Raytheon Co).

At this rate of publication, it is possible to predict there will be almost 100 such resolutions voted on by shareholders before the end of the year.

The list of Director Elections Majority Vote resolutions and links to respective proxies are published at: Open AGM

Technorati Search Tags:
, , , ,


Apr 3, 2006 5:00:03 PM | Corporate Governance, Corporate Reporting, Director Elections, Shareholder Activism

The comments to this entry are closed.

NEXT POST
Shareholders Turn their Attention on Board Elections: 2006 Proxy Season The wave of proxy submissions that traditionally heralds the start of a new proxy season has not yet begun. Yet even at this stage at least three proxies containing proposals calling for a majority vote standard to be applied to...
PREVIOUS POST
Director Elections Proposals Published in Proxies up to July 14, 2006 So far this proxy season 94 proposals calling for the majority vote standard to be applied to director elections have been published in proxy materials this proxy season. Thirty-one of these were voted on at meetings last year. Full details...

Jackie Cook

Research areas include corporate board and director network analysis and shareholder activism on corporate social responsibility issues.
My resume
Bio

The Typepad Team

Search

Recent Comments