“These new cases add up to an incredible number of governance failures during Mr Rohner’s tenure,” Ethos Foundation Chief Executive Vincent Kaufmann said, referring to outgoing Chairman Urs Rohner.
He confirmed an earlier report by Swiss newspaper Tages-Anzeiger that the advisor intended to vote against awarding top management for 2020’s performance.
DUBAI, April 1 (Reuters) – Yemen’s Houthi forces said they attacked important targets in the Saudi Arabian capital Riyadh using four drones on Thursday, though there was no confirmation from the Saudi authorities or independent reports of any such strikes.
Glass Lewis recommends voting against the remuneration report at the annual shareholder meeting on April 22, as well as against the discharge of the supervisory board and the re-appointment of one of the board’s members.
It added that the current board and executive team had voluntarily cut 20% of their salaries from May to December 2020, in light of the impact on business of the COVID-19 pandemic, and that all their bonuses for 2020 had been cancelled.
“The distorted picture of TEGNA and its stations painted by Standard General to advance its ill-conceived Piracy Proxy fight will not distract from our significant focus on DE&I as well as our strong financial performance,” it said in a statement.
Shareholder proposals included asking Apple to make changes to shareholder proxy access, link executive compensation to sustainability metrics and support freedom of expression. All three proposals were rejected.
Shareholders presenting the last proposal noted that Apple has removed VPN apps from China’s App Store, but these VPNs are vital for groups like Tibetans and Uyghurs to stay safe online.
“In our opinion, the adjustments related to well-documented legal actions essentially shield executives’ compensation from the detrimental impact of their decisions for the company,” Glass Lewis said.
Shareholder proposals include reducing so-called Scope 3 emissions that come from the use of its fuels and a request that the company report the impact of net zero 2050 scenarios on its finances and business assumptions, according to the company’s proxy filing on Thursday.
Bodnar has been chief strategy officer at the Rocky Mountain Institute, a non-profit focused on clean energy, and was previously a senior aide to U.S.
President Barack Obama for energy and climate change issues.
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Chevron has pledged to limit the pace of growth of its carbon emissions that contribute to climate change, but has not set longer-term targets to achieve net zero as many European oil companies have done.
BRUSSELS, April 7 (Reuters) – Proxy adviser Glass Lewis & Co has recommended Heineken NV shareholders vote against three proposals to be put to them later this month because of what it regards as excessive severance pay for its former chief executive.
With $33 billion of assets under management, San Francisco-based Genstar primarily focuses on midmarket companies.
Its portfolio includes proxy advisory firm Institutional Shareholder Services, software vendor Bullhorn and digital video software provider Telestream.
J&J said it has always set aside certain one-time costs such as litigation from calculating stock awards for executives, an approach that is common across corporate America.
J&J and Gorsky did not respond to requests for comment on the Glass Lewis report, dated March 31.
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The Cloquet, Minnesota native had her blonde locks styled with a bit of texture and she donned rosy sunglasses along with double face masks.