Manifest this week requisitioned a say on pay shareholder resolution at the Bank of Ireland and four more leading Irish listed companies: DCC; Elan; C&C Group; and Independent News & Media.
As the course of this year’s European proxy season …
Read MoreToday’s FT leads with the news of Xtrata’s pay policy rebuff from shareholders as another example of shareholders flexing their muscules over pay for failure.
Despite a 35% fall in EPS in the past year, the Xstrata board proposed increases …
Read MoreAhead of the Rio Tinto AGMs, Manifest flagged up its concerns regarding the re-election of Sir Roderick Eddington in our meeting business report. Manifest’s US partners, Proxy Governance, issued an ‘against’ recommendation on his re-election.
The results of the …
Read MoreThe resolution on the remuneration report at Royal Bank of Scotland Group plc represents the highest ever “Total Dissent” vote on the remuneration report since the introduction of the requirement for the report to be put forward to a non-binding …
Read MoreSome 31.1% of votes cast at the AGM of Novartis, held in Switzerland on Tuesday, supported the proposal by Ethos and eight other shareholders that the company should provide shareholders with an annual advisory vote on the remuneration report. A …
Read MoreLeading global investors, with assets totalling over $1.3 trillion, have written to US President Barack Obama urging the new administration to implement “critical” legal reforms to US financial markets and corporate governance practices.
The institutions, representing the pension savings of …
Read MoreManifest has recently published its findings on voting at UK shareholder meetings in 2008 and this prompted suggestions that we should make a submission to UK’s Treasury Select Committee on the Banking Crisis.
The Committee is still taking evidence and …
Read MoreWhen it comes to incentive pay schemes, it’s rare to encounter a scheme that strays from the ‘tried and trusted’ EPS and TSR performance measures. Anything that seeks to focus to a significant degree on extra-financial performance measures is for …
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