Manifest’s request for global shareholders to have a “Say on Pay” at Irish companies has its first success; DCC Group plc has confirmed that they will be allowing a shareholder vote on the directors remuneration report at this summer’s AGM. It is understood that this will be proposed as a management-sponsored resolution which is greatly […]

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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 has progressed, we have noted a marked lack of progress in Irish corporate governance arrangements. In light […]

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Almost 14 years since European markets firmly embraced the concept of separating the role of Chair/CEO,  most US issuers are still contemplating what it means for them. That could be set to change following the success of trade union SEIU’s proposal to reform the Bank of America board. The proposal to amend BoA’s bylaws requiring an independent […]

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Two notable shareholder resolutions on both sides of the Atlantic have put the role of UK investors in pressing for change at quoted companies firmly in the spotlight. Texas Instruments (TI) has come under close scrutiny from RailPEN, the investment arm of the UK’s Railways Pension Fund and one of the UK’s largest pension investors.  Resolution […]

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