Section: August 15, 2024 | Vol 29, Issue 31
CII’s Fall Conference in Brooklyn Will Cover Timely Topics, Feature Prominent Speakers
More than 480 registered attendees are set to gather in the shadow of the iconic Brooklyn Bridge September 9-11 to hear a dynamic lineup of speakers at the Council of Institutional Investors’ (CII) 2024 Fall Conference.
CII-REF Paper Highlights Examples of ‘Stealth Dual-Class’ Arrangements Used to Ensconce Insiders
Companies are using a variety of mechanisms other than traditional dual-class stock structures to entrench corporate insiders and create a wedge between voting rights and economic ownership, finds a new publication from CII’s Research and Education Fund.
CII Weighs in on Hong Kong Corporate Governance
CII submitted responses to a consultation by the Hong Kong Exchanges and Clearing Limited (HKEX) on its corporate governance code and related listing rules that propose some more investor-friendly governance practices.
Senator Warren Accuses Tesla Board of Governance Failings
Sen. Elizabeth Warren (D-Mass.) sent a strongly worded letter to Tesla Chair Robyn Denholm questioning if the company’s board is adequately overseeing CEO Elon Musk’s conflicts of interest stemming from his management of at least four other major companies.
UCF President Refutes Lawmaker’s Claims that ESG Funds are Colluding
United Church Funds President and CEO Charles Buck sent a letter August 12 to House Judiciary Committee Chair Jim Jordan (R-Ohio) pushing back on Jordan’s claims that ESG funds are colluding in violation of anti-trust laws and explaining UCF’s investing strategies related to climate goals.
Average S&P 500 CEO Pay Stands at $17.7 Million, Finds AFL-CIO’s Executive Paywatch
CEOs of S&P 500 companies made $17.7 million on average in 2023, more than 268 times their median worker’s income, according to a new report released August 8 by the AFL-CIO.