The number of uncontested directors who failed to receive majority support from January to June 2023 was down 32% compared to the number of directors who did not win that level of support during the same time frame in 2022, CII found.

A group of 75 House Democrats led by Reps. Sean Casten (D-Ill.); Juan Vargas (D-Calif.) and Kathy Castor (D-Fla.) sent SEC Chair Gary Gensler a letter August 7 urging him to finalize quickly the commission’s proposed climate disclosure rules.

As part of the settlement in a shareholder derivative lawsuit alleging that Tesla’s board overpaid itself, the car company will hold annual shareholder votes on director pay and clawback a whopping $735 million.

In 2022, CEOs of S&P 500 companies received, on average, $16.7 million in total compensation. This was the second-highest level of CEO pay in history for S&P 500 Index companies, reports the AFL-CIO’s annual Executive Paywatch.

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The Tokyo Stock Exchange (TSE) will adjust its listing standards to set quantitative targets for the number of female directors on boards for companies listed on the prime market.

The number of uncontested directors who failed to receive majority support from January to June 2023 was down 32% compared to the number of directors who did not win that level of support during the same time frame in 2022, CII found. Forty directors at 28 companies failed to receive majority support in that period in 2023, compared to 59 directors across 47 companies during the same time last year. CII has sent letters to the boards of each of the companies inquiring how they plan to respond to these votes.