Corporate governance nonprofit Majority Action released today its report analyzing asset managers’ 2019 voting records on climate-related shareholder proposals and CEO pay at energy and utility companies. The report finds that influential firms like BlackRock and Vanguard repeatedly voted with corporate management in opposing climate risk mitigation proposals. In fact, BlackRock and Vanguard voted against…
Tag: as you sow
Starbucks to Eliminate Plastic Straws Following Strong Investor Support for As You Sow Proposal — As You Sow
Most news reports about the announcement from Starbucks that they will stop using single-use plastic straws overlooked the importance of a shareholder proposal on the issue: As You Sow is pleased to learn via news reports of Starbucks’ commitment to phase out plastic straws at all stores by 2020. A shareholder proposal filed by As…
Here are the most overpaid CEOs in America right now
Shareholder advocacy group As You Sow’s annual report of the 100 Most Overpaid CEOs has just been released and, as usual, the salaries of the top CEOs are staggering. Topping this year’s list are Oracle’s co-CEOs Safra A. Catz and Mark Hurd who made a whopping $82,065,708. While that’s not the highest price tag, As…
Join VEA Vice Chair Nell Minow for a Webinar on Overpaid CEOs
The 100 Most Overpaid CEOs 2016: Are Fund Managers Asleep at the Wheel? Webinar Date: 02/17/16 at 1:00pm PT / 4:00pm ET Register The 100 Most Overpaid CEOs 2016, the second report in a series from As You Sow, is designed to provide investors an overview of companies that overpay their CEOs, and the structures…
Departing CEO at Boeing Receives Very Generous Severance Package — As You Sow Report
A new report from As You Sow: The most astounding component of McNerney’s package however, is his retirement payments. Under his employment agreement, he has a “target benefit” that the company describes as “calculated as a straight-life annuity commencing at age 62 payable from Boeing (including qualified pension benefits, nonqualified pension benefits and the employment…