More Investors Vote Against Corporate Directors Over Climate Change – WSJ

Investors are increasingly voting against the election of corporate directors to get companies they see as laggards on climate change to raise their ambitions. So far this year, investors have cited climate change as a reason for opposing the election of a management-backed director at 225 U.S. companies, up from 157 in 2021 and 83…

More “Zombie Directors” as Investor Scrutiny Intensifies

The CEOs who poured so much money into pushing back on shareholder proposals and access to independent research may be sorry to discover the focus shift to no votes on directors. A new report from MSCI reveals that 54 directors on the boards of 32 companies in the MSCI USA investable market index (2,313 companies)…

Proxy adviser ISS recommends vote ‘against’ executive pay at Alphabet – Reuters

Institutional Shareholder Services (ISS) has recommended shareholders of Google-parent Alphabet Inc to vote “against” the company’s proposed executive pay at its annual meet in June, according to a report seen by Reuters on Thursday. “The compensation committee has demonstrated poor stewardship of pay programs as evidenced by recurring concerns of outsized awards that are not…

Vote NO Campaign at Southern Company: Filing by  Nathan Cummings Foundation

April 24, 2017 Dear fellow Southern Company shareholder, Top executive pay at The Southern Company (“Southern”) has become increasingly decoupled from performance due to the Compensation and Management Succession Committee’s (the “Compensation Committee’s”) decision to shield top executives from the financial impact of poorly executed key projects. Directors Steven R. Specker and Dale E. Klein serve…