VEA Vice Chair Nell Minow is quoted by John Stoll in this WSJ article about the BRT’s new “stakeholder” statement. Now, even as investor interests are increasingly cast as the root of many social problems, I offer this word of encouragement to shareholders: You may be unpopular, but you are still king. How do I…
Tag: wsj
SEC Chief Calls for New Rules on Corporate Board Elections – WSJ
Securities and Exchange Commission Chairman Mary Jo White, speaking in Chicago, said the SEC is developing rules for what is known as a “universal ballot,” which would allow shareholders to receive a single voting form in contested corporate elections, rather than one from each side. The move aligns Ms. White more closely with activists and…
How Much the Best-Performing and Worst-Performing CEOs Got Paid – WSJ
Broadly speaking, CEOs did well when their investors did. All 10 of the CEOs posting the best shareholder returns were paid more than they had been a year earlier, and all but two of the 10 worst performers got pay cuts. The results come as pressure from investors has prompted companies to tie a greater…
