#Ferrovial's stated reason for moving its headquarters from Spain to the Netherlands doesn't make sense. So, what's the real reason? Disapproval of Spanish government policies? #corpgov #capitalism

RT @HarvardCorpGov
Posted: The Corporate Governance of Public Utilities, https://corpgov.law.harvard.edu/2023/04/11/the-corporate-governance-of-public-utilities/ #corpgov @IUMaurerLaw @UChicagoLaw #PublicUtilities

The website of the 2023 conference of the International Corporate Governance Society (ICGS Director) is now up and running at: www.ie.edu/icgs2023/. The main conference theme is sustainable corporate governance. The website is accepting paper submissions until 30 June 2023.

Confirmed keynote speakers are Amy Hillman, Zacharias Sautner, and Helena Viñes Fiestas.

I hope to see you in Madrid at IE University on 20-22 October 2023! #corpgov #boards #ESG #sustainability

National Legal and Policy Center files 10 page solicitation today urging Apple’s investors to vote against former VP Gore. “His primary benefit to the board is his supposed climate change expertise. However, Mr. Gore’s public reputation is inconsistent with his track record, his carbon-intensive lifestyle, and his actual investments” https://www.sec.gov/Archives/edgar/data/320193/000109690623000437/nlpc_px14a6g.htm
#ProxySeason #CorpGov

ISS has recommended shareholders support this year’s Say-on-Pay proposal at Apple $AAPL after last year’s recommended vote against. Tim Cook requested his target total comp be reduced 40% from ‘22 target.
#CorpGov #ExecPay #CEOpay
https://www.reuters.com/technology/iss-urges-apple-shareholders-vote-ceo-tim-cook-other-execs-pay-packages-2023-02-18/

Tyson Foods AGM results out $TSN

~5% support—~14% of Class A shares—for the shareholder proposal regarding instituting a policy to “comply with World Health Organization guidelines on use of medically important antimicrobials in food-producing animals” #ESG #CorpGov https://www.sec.gov/Archives/edgar/data/100493/0000100493-23-000049-index.html

First reference of “anti-ESG” in a SEC filing (that I’m aware of): Carlyle Group $CG refers to it in the context of their “…ability to raise capital from third-party investors” among the 10-K risk factors. #ESG #CorpGov https://www.sec.gov/Archives/edgar/data/1527166/0001527166-23-000014-index.html

MSCI references the term “greenwashing” in its 10-K risk factors for the first time. Filed yesterday: https://www.sec.gov/Archives/edgar/data/1408198/0001408198-23-000011-index.html
#ESG #CorpGov #Greenwashing

SEC Division of Examinations publishes 2023 examination priorities
#CorpGov #ESG
https://www.sec.gov/news/press-release/2023-24

“The [Insightia Activist] Index has returned 322% since 2008, which sounds wonderful—but the S&P Index has returned 425%…”

https://open.spotify.com/episode/01NlxkIkzmOqQYTIQJuxDR

#CorpGov #Activist #Activism

Kirby $KEX enters into cooperation agreement with hedge fund, adds board director #CorpGov #Activism

Hormel Foods $HRL shareholder proposal regarding compliance with WHO guidelines on antimicrobial use in food-producing animals receives ~6% support #ProxySeason #ESG #CorpGov #supplychains

Kohl’s appoints Tom Kingsbury as CEO: “In connection with this announcement, the Company has entered into a cooperation agreement with Macellum […]” #CorpGov $KSS

Vistra $VST adds former Chief Sustainability and Strategy Officer from Caterpillar to the board #CorpGov

Proxy adviser Glass Lewis defends its #ESG approach #CorpGov

https://www.reuters.com/business/sustainable-business/proxy-adviser-glass-lewis-defends-its-esg-approach-2023-01-31/

With almost 62% support, the shareholder proposal requiring prior shareholder approval of termination payments > 2.99x salary at Becton, Dickinson’s AGM passes $BDX #CorpGov #ExecPay #CEOpay

https://www.sec.gov/Archives/edgar/data/10795/0000010795-23-000015-index.html

“On January 24, 2023, [AIG] terminated Mark D. Lyons from his position as Interim [CFO], Global Chief Actuary and Head of Portfolio Management of the Company, after [AIG] became aware that he violated his confidentiality/non-disclosure obligations...”
“In recognition of [his] contributions… the Company has agreed to pay Mr. Lyons an aggregate cash amount of $7.5 million”
#CorpGov #ExecPay
https://www.sec.gov/ix?doc=/Archives/edgar/data/5272/000095010323001387/dp187861_8k.htm

The latest The antimicrobial stewardship Daily! https://paper.li/MicrobLog_me_uk/1574020423?edition_id=e3b8d180-a00e-11ed-9537-fa163e6ccaff Thanks to @damidefelice@twitter.com @gladeolie@twitter.com @ASP_Papers@twitter.com #corpgov #grc

Costco AGM results out today. #ReproductiveRights shareholder proposal garners ~13% support.

(Compare with similar proposals at Lowe’s and TJX last proxy season—both received just over 30% support.)

#ProxySeason #ESG #CorpGov
https://www.sec.gov/Archives/edgar/data/909832/0000909832-23-000007-index.html

E
Spokescandies
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#corpgov

RT @mmschocolate@twitter.com

A message from M&M'S.

🐦🔗: https://twitter.com/mmschocolate/status/1617518785686274052