There are more than 100 pending shareholder resolutions asking corporations to change their voting procedures for the election of directors. What are the proposals and what is at stake? Columnist Dale Oesterle predicts the toughest battles in the 2006 proxy season will be over majority vote proposals for companies that have put resignation guidelines in place. If majority vote proposals are the precursor to contested board elections, he says, then something big is in the air.
April 17, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
There are more than 100 pending shareholder resolutions asking corporations to change their voting procedures for the election of directors. This follows last year’s deluge of proposals that shocked corporate insiders.
What are the proposals and what is at stake?
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