Proxy Access Varies by Index – The right of shareholders to nominate directors for election to boards, known as proxy access, varies widely across the indices. Chart 1 with data from the CompanyIQ® corporate governance database has the details for eight common indices in 2017, the latest year with full data available. On the upper…
With data from the CompanyIQ® SEC EDGAR database, Egan-Jones analyzed TWDC. On March 4, 2019, The Walt Disney Company (the “Company”) and Robert A. Iger entered into an amendment to Mr. Iger’s employment agreement with the Company (the “Amendment”). The Amendment reduces by $13,500,000 the annual total compensation opportunities that the Company would have made…
Women on America’s corporate boards are increasing but not at the pace that certain societal forces are demanding as indicated from CompanyIQ® ESG data. Concern over equal representation in US boardrooms has led to a 2018 state law mandating female board members in California. Other states including Colorado, Illinois, Massachusetts, and Pennsylvania have adopted nonbinding…