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… Continue reading Boards Gained the Upper Hand This Proxy Season
Category: Agenda
Hanging Around: More 65+ CEOs Stay On the Job
Within the next five years, major corporations from JPMorgan Chase to The Walt Disney Co. could be placed under new leadership as their current chief executives eye their exits. Overall, more than one in 10 CEOs at S&P 500 firms have already hit the traditional retirement age. And another nearly 15% could reach age 65… Continue reading Hanging Around: More 65+ CEOs Stay On the Job
Exxon Suit Could Have ‘Chilling Effect’ on Proposals, Despite Dismissal
Boards of directors should be wary of following Exxon’s lead in suing shareholders they disagree with ExxonMobil‘s lawsuit against two activist investors was recently dismissed, and while the oil and gas giant still came out with a win by compelling the groups to withdraw their shareholder proposals on emissions, the victory could come at a… Continue reading Exxon Suit Could Have ‘Chilling Effect’ on Proposals, Despite Dismissal
Why One Company Canceled Its Nine-Figure LTI This Year
Lofty stock price goals and current market conditions have hampered some LTIs Several companies in the Russell 3000 have canceled their long-term incentive plans for top executives in recent years, including Roblox Corp. and Aspen Aerogels, Inc. in 2024. In the wake of Elon Musk’s battle over his $56 billion compensation package at Tesla, directors… Continue reading Why One Company Canceled Its Nine-Figure LTI This Year
Board-Level Safety Oversight Is Falling Under Scrutiny
Comp committees have broadened their areas of concern to include human capital Human capital issues have risen to become a top concern of compensation committees, and with potential new disclosure rules on the horizon, board members have even more reason to ensure that human capital and safety measures are top notch, sources told Agenda. Corporate… Continue reading Board-Level Safety Oversight Is Falling Under Scrutiny
This Year’s AI Proposals Are Just ‘Tip of the Iceberg’
AI presents a host of strategic, ethical and regulatory challenges that directors need to stay ahead of. The burgeoning number of shareholder proposals related to artificial intelligence this proxy season may be a jumping-off point for boards overseeing the new technology, but AI presents a host of other strategic, ethical and regulatory challenges that directors… Continue reading This Year’s AI Proposals Are Just ‘Tip of the Iceberg’
AI Disclosures Increase, yet Committee Charters Have Not Caught Up
Artificial intelligence is the single-largest area that boards have devoted time to in the last year, but at the same time, only a handful of public company boards have included AI in their committee charters. Of the Russell 3000, only 24 committee charters made mention of AI or related keywords in 2023 and 2024, according… Continue reading AI Disclosures Increase, yet Committee Charters Have Not Caught Up
AI Disclosures Increase, yet Committee Charters Have Not Caught Up – Agenda
Artificial intelligence is the single-largest area that boards have devoted time to in the last year, but at the same time, only a handful of public company boards have included AI in their committee charters. …Of the Russell 3000, only 24 committee charters made mention of AI or related keywords in 2023 and 2024, according… Continue reading AI Disclosures Increase, yet Committee Charters Have Not Caught Up – Agenda