Results from this year’s proxy season show a shifting power balance between management and activist investors as average support for environmental and social policy proposals declined while support for say-on-pay proposals remained robust.
There was also a spike in AI shareholder proposals, calls for separating chair and CEO roles and anti-ESG proposals. Meanwhile, there was a steep decline in the number of company-sponsored proposals, dropping about 25%, according to market data from public company intelligence provider MyLogIQ.
Boards have been steadily reinforcing their ranks through the addition of more directors with military…
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Companies with independent directors who've served on the board for more than 15 years are…