Country Ranking Trends Magni completed a review of each country’s regulation of the corporate governance environment. Both Japan and China were upgraded for progress in implementing reforms to ease the rules for businesses. The upgrades were small and did not affect relative country rankings. The Chinese upgrade is significant as it has been more than […]
Read MoreThe annual proxy for the video game company had the following proposals: Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote Board proposal on equity incentive plan Board and shareholder proposals on threshold for special meetings Magni voted as follows: For and against proforma proposals. -For directors – The board has a majority of independent directors and some have CEO/CFO experience with other companies. The compensation […]
Read MoreThe annual proxy had the following proposals: Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote Board proposals related to reserving shares for compensation programs Magni voted as follows: For and against proforma proposals. -For directors – The board has a majority of independent directors and some have CEO/CFO experience with other companies. The compensation of directors is disclosed with a meaningful portion in equity where […]
Read MoreThe annual proxy for this software company had the following proposals: Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote Magni voted for proforma proposals. Directors – The board has a majority of independent directors and some have CEO/CFO experience with other companies. The compensation of directors is disclosed with a meaningful portion in equity where the equity has restrictions to align director incentives with long-term value creation. Auditors – There appear to be no controversies with the […]
Read MoreBB&T Corporation Acquisition of SunTrust, Inc. SunTrust Proxy The proxy had three proposals related to this financial services merger: To approve the merger To approve, on advisory basis, the executive compensation To approve adjournment or solicitation of additional proxy votes prior to adjournment of the special meeting Magni voted for the merger and for the adjournment. The transaction occurs at a significant premium to the share price that existed prior to announcement […]
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