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    2. It’s Time to Talk Diversity in D and O Questionnaires

      It’s Time to Talk Diversity in D and O Questionnaires
      Corporate secretaries of public companies will soon be updating their DO questionnaires for the 2021 proxy season, and they should consider whether to include a question that allows directors to self-identify as diverse. While companies may be hesitant to raise the issue, increasingly, they are being asked for diversity data on their boards and employees...
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    3. Activist Litt Files for Shareholder Vote on Aimco Split

      Activist Litt Files for Shareholder Vote on Aimco Split
      Activist investor Jonathan Litt filed with regulators Tuesday to call a special meeting at Apartment Investment Management Co. so shareholders can have a say on its plans to split its business into two parts. The move to seek support for a vote comes after Aimco ignored the investors request to hold a shareholder vote on the matter, which will see the company broken up into a real estate investment trust ...
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    4. Activist Shareholder Stirs up US Cable Business

      Activist Shareholder Stirs up US Cable Business
      Comcast Corp.'s stock performance amid the coronavirus pandemic is a tale of two diverging business segments, a dilemma that has attracted the attention of activist investor Trian Fund Management LP. The hedge fund, which describes itself as "a highly engaged shareowner," bought up 20 million shares of Comcast, the largest U.S. cable operator. A Trian spokesperson said it believes Comcast's stock is undervalued...
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    5. Wells Fargo CEO Sorry for 'insensitive comment' on Diversity

      Wells Fargo CEO Sorry for 'insensitive comment' on Diversity
      Wells Fargo Co Chief Executive Officer Charles Scharf has apologized for making insensitive remarks around race and diversity, seeking to quell a row over his references to a shortage of talent among minority groups. Reuters reported on Tuesday that Scharf had exasperated some Black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because there were not enough qualified minority candidates...
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    6. BlackRock, JPMorgan Climate Votes at Odds as New Rules Loom

      BlackRock, JPMorgan Climate Votes at Odds as New Rules Loom
      Top U.S. asset managers BlackRock Inc and JPMorgan Chase Co were divided in their support of climate-related proxy resolutions at corporate meetings this year, two analyses showed on Tuesday, underscoring the industry's mixed appetite for the vehicles ahead of a key rulemaking. Both studies - done by climate-focused shareholder organizations - found BlackRock continued to offer little backing to resolutions asking companies for steps like setting emissions targets or lobbying ...
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