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Activist Investors Admit Defeat on Binding Director Pay Proposal

By Randi Morrison posted 07-15-2024 06:50 PM

  

The Activist Investor reported that of 13 proposals submitted by John Chevedden seeking a binding shareholder vote on director pay via a bylaw amendment, five voted proposals garnered nominal support and seven of eight requests for no-action relief submitted to the SEC (with one not yet reported) were granted.


                       This content first appeared in the Society Alert!

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