A statement signed by the convener of the group, David Asante said: “The absence of a clearly defined process for the submission of the proxy application, coupled with the apparent secrecy surrounding ...
In place of external human advisors, the bank is launching an in-house AI tool. The tool, named Proxy IQ, will cover all aspects of the voting process, according to an internal memo. JPMorgan's asset ...
AST Financial and NuArca have completed a successful scaled-up pilot of their blockchain-based proxy voting solution, ahead of its planned launch in March 2018. The pilot tested the solution’s ability ...
The agenda is being reset for US shareholder meetings in 2026. Regulatory shifts have led to a steep decline in overall shareholder proposals while governance issues are becoming the biggest ...
At Tesla’s recent annual meeting, shareholders approved an unusual compensation proposal for CEO Elon Musk – if achieved, he could be the world’s first trillionaire. The vote passed by a comfortable ...
Recent news reports have made it increasingly obvious that lasting reform of the proxy advisory system will require congressional action. Proxy advisory actions — recommendations to investors, ...
Increased attention on proxy voting could represent a backdoor into ESG investing for retirement plan participants. With only 3% of 401(k) plans currently offering investments labeled as adhering to ...
From 2020 to 2024, the number of shareholder proposals increased steadily, fueled by growing interest in the E and S issues of the ESG mix. Enhanced scrutiny on proxy advisory firms is in full swing.