– Reuters reported that ISS said US Foods Holdings shareholders should vote for three of Sachem Head Capital Management’s five director nominees, arguing that the company would benefit from ‘closer board oversight.’
‘The dissident has made a case for change, and the is...
Recent articles
Global companies with a combined value of $38 tn had emissions reduction targets or commitments approved by the end of 2021 but the world is still not on track to halve emissions by 2030, according to new research from the Science Based Targets initiative (SBTi).
The non-profit body, which aims to enable businesses to set emissions reduction targets in line with science, finds that roughly 80 percent of the targets approved in 2021 were aligned with limiting global ...
Boeing shareholders – with the support of the company’s board – have voted overwhelmingly in favor of a proposal seeking information about the aircraft manufacturer’s move toward net-zero emissions.
According to an SEC filing, 91.36 percent of the votes cast at the company’s recent AGM backed a proposal filed by As You Sow asking that Boeing’s ...
Minneapolis-based General Mills has hired Karen Wilson Thissen as general counsel and corporate secretary, effective June 6.
Thissen will join the company from Ameriprise Financial, where she most recently was general counsel and executive vice president. She succeeds Richard Allendorf, who will retire in August.
Thissen joined Ameriprise Financial, which at the time was part of American Express, in 2004 to work on complex litigation matters. During her 17-ye...
Nasdaq-listed Nexstar Media Group has recruited Rachel Morgan to become executive vice president and general counsel, effective June 20.
Morgan is joining Nexstar from AT&T, where she has worked for almost a decade. During her time with the telecoms company, she has held roles of increasing responsibility in its corporate legal department, most recently as vice president and associate general counsel for corporate and labor and employment litigation for AT&T...
NYSE-listed Target Corporation has promoted Matt Zabel to become executive vice president and general counsel of the retail company.
Zabel most recently was senior vice president of risk and employee & labor relations for the company. In that role, he led Target’s internal Covid-19 task force.
He joined Target in 2010 as vice president of government affairs and has since led teams in enterprise risk management, reputation management, law, food safety an...
– Reuters reported that Spirit Airlines rejected JetBlue Airways Corp’s takeover offer, saying it had a low likelihood of winning approval from regulators. ‘We believe a combination of JetBlue and Spirit has a low probability of receiving antitrust clearance so long as JetBlue’s Nor...
Customers spent more buying stuff from companies that engaged in corporate social responsibility (CSR) than those that didn’t – as long as those do-gooder efforts actually addressed damage the businesses caused.
That’s the main takeaway of a new study I ...
Corporate Secretary’s ‘Succession planning: Preparations for the inevitable’ report presents data collected from a survey conducted among in-house governance professionals such as general counsel and corporate secretaries. It provides important insights into, among other things, who typically is in charge of succession planning, who and what is included in plans and how often boards review their company’s plans. Findings in this report are based on data from an onl...
Johnson & Johnson shareholders have voted for the company to commission an independent assessment of its effects on racial matters – the latest company to feel investor pressure on that front.
According to an SEC filing, almost 63 percent of votes cast at the company’s April 28 AGM backed a proposal urging ...