April 20, 2007 | 1 Comment »
A “governance star” snubs shareholders
By Dominic Jones
ACCORDING to Institutional Shareholder Services (ISS), the corporate governance ratings company, Black & Decker Corporation (NYSE: BDK) respects its shareholders more than 99% of big U.S. companies.
Citigroup boss says “email me.” Activist bemoans democracy
ERIC DASH at the New York Times reports in surreal detail on Citigroup’s annual meeting at Carnegie Hall yesterday, which he describes as “a veritable concert of shareholder concerns” that ran for almost three hours.
IBM’s plain(ish) pay report
By Dominic Jones
IF YOU’RE looking for an example of a plain English compensation discussion and analysis, take a look at IBM’s effort.
Noteworthy list #19
Notable excerpts and links to articles and reports we’ve found worthwhile reading. Though we try to avoid them, some links may be intercepted by ads or may require free log-ins. Please don’t blame us for this.
Will Aflac’s say-on-pay open floodgates?
By Dominic Jones
ON Valentines Day, U.S. disability insurer Aflac showed its love for shareholder engagement when it became the first major U.S. company to agree to give shareholders an advisory vote on executive compensation — a so-called “say on pay” that shareholders in other countries already enjoy.
January 4, 2007 | 1 Comment »
Media confused over Nardelli’s pay
By Dominic Jones
SO HOW much did shareowners pay former Home Depot CEO Bob Nardelli over the course of his six years at the helm of the world’s biggest DIY chain?
Citizen Investors 1, Fat Cat CEOs $435 million
By Dominic Jones
BOB NARDELLI, chairman and CEO of home improvement giant Home Depot, resigned or was fired today after being hounded by shareholders for taking home one of the biggest pay packages in business even while the company’s stock floundered.
January 3, 2007 | 2 Comments »
Waiting for the Citizen Investors
By Dominic Jones
TODAY I ordered a new book with a promising title. Its called The New Capitalists: How Citizen Investors are Reshaping the Corporate Agenda and it’s co-authored by three experienced corporate governance and asset-management professionals.
December 28, 2006 | 4 Comments »
SEC gets a lesson on late Friday disclosure
By Dominic Jones
EVERYONE knows that if you have bad news to deliver then the best time to do so is late on a Friday afternoon. That’s when reporters are distracted and editors are heading home for the weekend.
December 18, 2006 | 3 Comments »
Dear Directors: You’re Screwed.
By Dominic Jones
IT LOOKS like the coming proxy season in the United States is going to be the most controversial one that anyone can remember.