the voting results on shareholder proposals, including the proposed amendment to majority voting
Consider the previous controller, but with a 3-vote majority voting
scheme instead of the 1-vote approach.
Changes Include Majority Voting
in Director Elections
But under majority voting
, a director wins election only if he or she receives approval among the majority of votes cast, including those cast as "withheld.
Hearns described as unfair the board majority voting
against giving the school additional time to provide more information and verify Hearns officials' claims.
If a company elected a majority voting
policy, however, a simple majority vote against a director could imperil his or her service--at least in theory.
The convention is discussing in what areas majority voting
And he tried to soothe UK fears over a planned extension of majority voting
Under current rules, the condition for a controlling financial interest is ownership of a majority voting
interest--unless control is temporary or does not rest with the owner of the majority voting
CalSTRS, the California State Teachers' Retirement System, reports overwhelming success regarding adopting a majority voting
standard in director elections with the 95 companies engaged in the 2012 proxy season.
NYSE: FLO) today announced its Board of Directors voted this week to submit a proposal to shareholders to adopt a majority voting
standard for the election of directors in uncontested elections.
Proponents of majority voting
also note that majority voting
for directors is the standard in many countries outside of the U.