Shareholders Archive

Amazon has joined the ranks of companies whose shareholders this proxy season have given significant – though not majority – support for proposals regarding diversity, equity and inclusion (DEI). At Amazon’s AGM on May 26, 44 percent of the votes cast supported a request that the company’s board commission ‘a racial equity audit analyzing Amazon’s i...

While investors are increasing their scrutiny of executive compensation packages again this year, the pandemic may not be playing a meaningful role, according to executive compensation experts. Investors are increasing their scrutiny of executive compensation packages again this year, but the focus continues to be on pay for performance, rather than other impacts of the Covid-19 pandemic.  A number of large companies in the US have received significant oppos...

– Reuters reported that activist investor Starboard Value launched a proxy contest to take greater control of cloud services provider Box as it nominated four directors for election to the company’s board. Starboard earlier said the company had failed to capitalize on the work-from-home trend during the Covid-19 pandemic. In response, Box said it does ...

Among the boom in new retail investors, millennials are the group most likely to vote their proxy in the 2021 season, according to a new survey from Broadridge Financial. Almost half (46 percent) of retail investors aged 25-40 say they plan to vote their proxy in 2021, a figure that researchers say is the highest for any generation. Overall, 39 percent of investors with two years’ investing experience or less say they will definitely vote their proxy, with many (4...