Section: April 13, 2023 | Vol. 28, Issue 14
Industry Working Group Reports Progress on Vote Confirmation but Also Challenges
Regulators need to consider new rules to resolve issues standing in the way of end-to-end confirmation of proxy votes, an April 7 industry report found.
State Street Shares Priorities for Proxy Season 2023
?State Street Global Advisors (SSGA) last week released three documents that discussed the asset manager’s priorities for the 2023 proxy season.
Georgeson Report Shines a Light on How Some Asset Managers Factor Unequal Voting Rights, ESG and DEI into Voting
A new Georgeson publication provides an overview of the updated proxy voting guidelines of AXA Investment Managers, BNP Paribas, Charles Schwab, Geode Capital Management, Northern Trust and T. Rowe Price
Women’s Influence in the Boardroom Has Expanded, Says Conference Board
As of 2022, women chaired 42% of the compensation committees at S&P 500 companies, reports The Conference Board. Women also served as chairs of 29% of the audit committees and 27% of the nominating/governance committees.
Beware of CEO Successions Where Boards Tap Interim CEOs or Board Members, Advises Stanford Paper

Investor interest in the board’s role in CEO succession planning is on the upswing, particularly in the wake of high-profile “boomerang CEO” experiences at Disney, Starbucks and UBS. A new paper from Stanford provides fresh insights on CEO exits, sensitivity of turnover to performance, board readiness and the performance of internally and externally recruited successors.