A Costco shareholder resolution over greenhouse gas emissions last month passed by a landslide, and it could mark the beginning of a wider campaign against food distributors’ practices. Seventy percent of shareholders at the company’s annual meeting Jan. 20 voted in favor of the resolution, which was brought by mutual fund firm Green Century Capital Management...
BlackRock voted against 255 directors because of climate issues According to its stewardship report, the asset manager supported 35% of 843 shareholder proposals that it voted on in the recent proxy season, compared with 17% in the previous year. During the recent proxy season, BlackRock Inc. voted against more than four times the number of board directors it voted against last year because they failed to act on climate issues...
American International Group Inc. named Peter Zaffino as its next chief executive and indicated that he’ll run a smaller and simpler company as AIG splits off its life insurance and retirement business...
Lori Hardwick, one of the original partners of Envestnet and former BNY Mellon Pershing chief operating officer, is joining the board of directors of ...
... continues to be "disappointed" with the bank and "its inability to execute effective corporate governance and a successful risk management program...
Cetera Financial Group said on Thursday morning that it had overhauled its board of directors , with its new board reflecting the recent sale of the large ...
Many are broadening their focus to include corporate governance , invoking investing's fundamental tenant — diversification — as one measure of a ...
The Labor Department's new guidance said that managers should only engage with companies about corporate governance , or environmental and human capital risks when it's likely that those issues will enhance the economic value of their investment. "This indicates the need for a well-developed ...
Mr. Bradley, 55, who spent 31 years at TD and remains under a non-compete agreement through this month, said his near-term plans will be along the lines of what he is doing as a paid advisory board member to MaxMyInterest. "I'm not making any decisions on any major moves this year," he said...
A reflection of this can be seen in our formation of an entirely new board of directors, as well as the naming of a non-executive board chairman. These changes are among the first of what we hope will be many concrete steps that will enable us to rebuild our corporate governance procedures from the ground up.....
A reflection of this can be seen in our formation of an entirely new board of directors , as well as the naming of a non-executive board chairman.....
As reported in last week's issue of InvestmentNews, investments based on environmental, social and corporate governance criteria are growing in ...
That reduced the universe from 1,600 companies to 900-something companies. Then we took those companies and searched for those that have the highest number of women on boards and the highest number of women in management. We also looked at ...
No doubt, some pundits will see his victory as a resounding defeat for corporate governance. Others will see it as a sign of the power held by JPMorgan's board, which lobbied hard — and some might even say unfairly — to let Mr. Dimon keep both titles.