Tesla (TSLA) shareholders shoot selves in foot, approve Musk $1 trillion payday - electrek.co
Tesla shareholders voted to dilute their share value and voting rights by giving a massive stock award to the company's part-time, bad CEO.
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Tesla shareholders have the power to potentially make Elon Musk the world's first trillionaire. Here's how some of them plan to vote.
Corporate Governance Risks at Tesla and How I Voted - CorpGov.net: Corporations are not Democratic-Free Zones
typo: as if you had voted as theBoardd auditors: Abstain elsewhere you had For (I don't recall Abstain)
Chevedden submitted 256 proposals this proxy season (approximately one-third of all proposals), focusing on removing supermajority voting rules and other corporate governance improvements. His proposal at Tesla seeks to replace supermajority requirements with simple majority votes for major decisions.
Shareholders should sign up for Iconikapp.com and automatically vote their proxies at all companies. Set your “vote forge” to always vote FOR proposals to all for simple majority voting, declassify the board, allow proxy access, separate CEO and board chair, allow shareholders to call special meetings, and require directors in uncontested elections to win a majority vote. These are a few fundamental rights shareholders should have at all public companies.
Corporate Governance Risks at Tesla: How I Voted
John Chevedden: Economy-Class Investor Advocate - CorpGov.net: Corporations are not Democratic-Free Zones
John Chevedden is probably the most prolific filer of shareholder proposals in history. His positive influence and impact continue.
John Chevedden, a 67-year-old small-scale shareholder activist, has become one of the most influential figures in U.S. corporate governance. Unlike billionaire activists such as Carl Icahn, Chevedden operates on a shoestring budget, buying minimal shares — often just $2,000 worth — to qualify for filing shareholder proposals.
Chevedden specializes in corporate governance reforms, focusing on issues such as director elections, executive pay accountability, and shareholder rights to call special meetings.
Chevedden and others don’t just add value when our proposals pass. We drive management proposals and adoptions once they become aware of the issues and shareholder sentiment.
James McRitchie
James McRitchie publishes CorpGov.Net, a popular corporate governance portal since 1995. According to the Council of Institutional Investors, McRitchie’s 2002 SEC petition "re-energized" the debate over proxy access to nominate directors. Now he filing shareholder proposals and is working on systems to further empower retail and institutional shareowners. McRitchie is frequently quoted in the press and has addressed audiences in Asia and Europe, funded by business associations, the Asian Development Bank and the U.S. State Department.
Jim McRitchie June 15 2020
I met Jim in July or August 1979 before we started a program at Boston College in Social Economy and Social Policy. I've always found Jim to be an amazing g...
SRI Engagement & Monitoring - Corporate Governance
SRI engagement and monitoring was a major theme during my first day @28th Annual SRI Conference this year (#AllinForImpact) Second installment #ESG #corpgov
Dual-Class Should Sunset Says Rob Jackson - Corporate Governance
Stock exchanges should require sunset provisions for dual-class shares, SEC commissioner Rob Jackson said in his first speech. He likened dual-class shares that do not sunset to “corporate royalty” and said such structures were “antithetical to our values as Americans.”
The Shareholder Action Guide - Corporate Governance
Our rights to demand accountability through shareholder action may be stronger than our rights to do so as citizens. Andrew Behar tells us how.
Small Shareholders Critical to Democracy - Corporate Governance
Will the SEC of today protect the rights of small shareholders or will they protect corporate management from small shareholders?