TSX: ABX Meeting Date: 04/28/2015
Canada’s largest gold company may be in for a contentious annual meeting focused around executive pay issues – a repeat, in some sense, from two years ago. Once again, chairman John Thornton’s pay package is being scrutinized by shareholders, not only for its sheer size but also for its exclusion from the incentive plans governing the pay of other executives.
See more ›
HSBC HOLDINGS PLC
LSE: HSBA Meeting Date: 04/24/2015
While the Company has publicly apologised for recently-revealed behaviour at its private bank, and has stated that there has been a major overhaul of its operations and culture there, it remains to be seen whether such assurances will be enough to secure the high approval levels to which the Company’s directors are generally accustomed.
See more ›
NYSE: GE Meeting Date: 04/22/2015
Despite being one of the oldest companies trading on the NYSE, General Electric is taking a cutting edge, proactive approach to corporate governance, by voluntarily amending its bylaws earlier this year to provide shareholders with proxy access.
See more ›
David Eaton, Vice President of Proxy Research, Glass Lewis & Co., has authored an article on the executive compensation outlook for 2015. He discusses several current developments including pay structure improvements, enhanced disclosure, and more meaningful company-investor engagement. Read the full article here.
See more ›
NYSE Euronext Paris: VIV Meeting Date: 04/17/2015
It seems like a win-win for the now reconciled management of Vivendi and dissident shareholder P. Schoenfeld Asset Management (PSAM) at the upcoming annual meeting. Other institutional shareholders and advocates of good governance, on the other hand, are likely to be somewhat disappointed.
See more ›
© 2015 Glass, Lewis & Co., Glass Lewis Europe, Ltd., and CGI Glass Lewis Pty Ltd. (collectively, “Glass Lewis”). All Rights Reserved.
This blog is for informational purposes only and is updated periodically to keep Glass Lewis' clients and other interested parties informed of current corporate governance developments and regulatory trends. The information contained herein should not be construed as legal or investment advice. Glass Lewis analyzes issues it believes may be of interest to its subscribers and makes recommendations as to how Glass Lewis believes institutional shareholders should approach such issues. While Glass Lewis may mention certain companies in its blog postings, Glass Lewis never comments on the investment merits of the securities issued by the subject companies. Therefore, none of the information posted through this blog should be construed as a recommendation to invest in, purchase, or sell any securities or other property. All recommendations stated herein must be construed solely as statements of opinion, and not as statements of fact, and may be revised based on additional information or any other reason at any time.
The information contained in each blog posting is based on publicly available information. While Glass Lewis exercises reasonable care to ensure that all information included in this blog is accurate and is obtained from sources believed to be reliable, no representations or warranties express or implied, are made as to the accuracy or completeness of any information included herein. In addition, Glass Lewis shall not be liable for any losses or damages arising from or in connection with the information contained herein or the use or inability to use any such information.
Glass Lewis expects readers of its blog possess sufficient experience and knowledge to make their own decisions entirely independent of any information contained in Glass Lewis’ blog postings. Subscribers are ultimately and solely responsible for making their own decisions. This blog is intended to serve as a complementary source of information and analysis for subscribers in making their own decisions and therefore should not be relied on by subscribers as the sole determinant in making decisions.