In a May 30 letter, CII generally supports the Public Company Accounting Oversight Board’s (PCAOB) Firm Reporting (FR) Proposal and its Firm and Engagement Metrics (F&EM) Proposal.

Despite a major push by some institutional investors to unseat ExxonMobil CEO Darren Woods and Lead Independent Director and Nominating and Governance Committee Chair Joseph Hooley by a large group of institutional investors, both were handily re-elected at the company’s May 29 annual meeting, preliminary vote results indicate.

Shareholder proposals asking the boards of Bank of America, Goldman Sachs and JPMorgan Chase to adopt policies and amend their governing documents to ensure that separate individuals hold the positions of chair and CEO failed to receive majority support this proxy season. All three proposals, however, garnered a higher percentage of votes this year than last year.

Last week, shareholders voted down the say-on-pay proposal at Paramount Group and gave tepid support to the pay proposal at Boeing.

Approximately 27% of Dollar General shareholders voted against the company’s say-on-pay proposal at the company’s May 29 annual meeting.