This proxy season opposing views on how to address racial discrimination in the workplace are playing out at corporate annual meetings.
At Abbott Laboratories’ April 29 annual meeting, shareholders will vote on a proposal filed by the New York City Pension Funds asking the company to adopt a cooling off period of at least 120 days between the adoption of a Rule 10b5-1 plan and initial trading under the plan.
The Ukrainian-American Bar Association, a former Ukrainian finance minister and a U.S. charity focused on Ukraine filed a rulemaking petition with the SEC April 14, asking the commission to enact a rule requiring companies to disclose their business dealings in and with the Russian Federation and the Republic of Belarus.
While a press release issued by Guess says all four of the directors up for re-election at the company’s April 22 annual meeting were elected, another press release by Legion Partners, which ran a vote-no campaign at the company, explains that 83% of unaffiliated shareholders voted to oust director Paul Marciano.
Walmart shareholders will vote on seven shareholder proposals on topics ranging from reproductive healthcare legislation to charitable donation disclosure at the company’s June 1 annual meeting.
During the pandemic, companies made salary cuts, adjustments to bonus payouts, changes in long-term incentive plans (LTIPs) and more, but now that Covid-19 numbers are dropping, CEO pay is rising steadily, finds a new report from Equilar.