There is simply no excuse for not allowing a shareholder to speak on behalf of his proposal at an annual meeting, whether in person or virtual. A letter from ATT to the shareholder who submitted a shareholder proposal: To protect our stockholders during the current COVOID-19 pandemic, AT&T Inc. has changed the location of the…
Tag: shareholder proposal
ICCR Comment On SEC’s Draft Proxy Proposal Rule
From ICCR’s comment letter to the SEC on the draft rule on proxy proposals (full comment in the link below): For decades, the shareholder proposal process has served as a cost-effective way for corporate management and boards to gain a better understanding of shareholder priorities and concerns, particularly those of longer-term shareholders concerned about the…
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