Agenda – Glass Lewis Raises the Bar on E+S Incentive Metrics

Proxy advisor Glass Lewis wants companies to offer more robust disclosure about their use of environmental and social incentive metrics, according to the firm’s 2022 proxy voting guidelines. While Glass Lewis won’t require the use of these metrics, it will consider them in say-on-pay analyses. Agenda – Glass Lewis Raises the Bar on E+S Incentive…

Agenda – Pressure Campaign Mounts on Activision Blizzard Board

As VEA Vice Chair Nell Minow said on CNBC, it is time for Bobby Kotick to go. The National Legal and Policy Center last week demanded that Coca-Cola Chairman and CEO James Quincey take steps to seek the removal of embattled Activision Blizzard chief executive Bobby Kotick. Meanwhile, six state treasurers have written to Activision…

Agenda – SEC Nabs Another Company for Failure to Disclose Perks

Memo to boards: You pay them plenty. Let them pay for their own plane rides and credit card purchases. Last week, the SEC settled charges with Texas oilfield company ProPetro Holding Corp. and its former CEO for not properly disclosing hundreds of thousands of dollars’ worth of perquisites, including personal use of the company airplane…

The queasy ‘Enron feeling’ that directors must never ignore | Financial Times

VEA Vice Chair Nell Minow is quoted in an article looking back on the 20th anniversary of the collapse of Enron. “Unquestionably, boards are sharper, more independent, more focused, and more engaged,” says Nell Minow, vice chair of ValueEdge Advisors and a longstanding critic of poor governance and campaigner for shareholder rights. Still, since 2001,…

Sock Puppet Ike Brannon Continues to Lie About Proxy Advisors

 As we have noted before, Ike Brannon likes to lie about proxy advisors while omitting any reference to his affiliation with the CEO-funded dark money efforts to limit investor access to the sole source of independent research on proxy issues. Note that his comments appear in the unedited commentary section of Forbes, barely above Qnon…

VEA Vice Chair on Motley Fool Money

VEA Vice Chair Nell Minow appeared on the Motley Fool Money podcast this week to talk about ESG, executive compensation, and must-see movies with Academy Awards potential.