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Tag: shareholder proposal

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Southwest Airlines Makes Concessions to Thwart Proxy War

person with boarding pass in airport

Southwest Airlines has long cherished its reputation for doing air travel differently than other major characters. Among its most famous quirks, Southwest has been known for its open-seating policy. Loved by some travelers and reviled by ot...

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Deere Looks to Nix DEI-Related Shareholder Proposals

spotlights

This past summer, Deere & Co., the manufacturer of John Deere lawnmowers, became a poster child for the backlash against corporate DEI programs, ditching its efforts in the face of a public pressure campaign. The company is now trying t...

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Activist Investor Jockeys to ‘Restore Magic’ at Disney Amid Proxy Fight

Nighttime shot of Disney's Epcot Center

House of Mouse beware the machinations of Batman and Robin. Activist investor Nelson Peltz, CEO of Trian Fund Management and a longtime agitator of brand-name corporations, has launched a campaign to “restore the magic” at the Walt Disney C...

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Exxon Bypasses SEC, Seeks Court Order to Block ESG Shareholder Proposal

Scenic Blue Ridge Highway bypass

As companies contemplate how best to respond to the rising number of environmental, social and governance (ESG) proposals from activist shareholders, Exxon Mobil has employed an unusual strategy to avoid such a vote. The oil giant is sidest...

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Paid Sick Leave Latest ESG Issue in Shareholder Proposals

Paid Sick Leave Latest ESG Issue in Shareholder Proposals

Paid Sick Leave Latest ESG Issue in Shareholder Proposals

As the world re-emerges from the pandemic, many employers will find themselves re-evaluating policies on everything from telecommuting to acceptable office attire. The events of the last year shined a particularly bright light on the workin...

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