This manufacturing conglomerate’s annual proxy had the following proposals: Proforma votes on directors and appointment of auditors Proforma European votes on annual confirmation of authorities 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 the equity has restrictions to […]
Read MoreThe annual proxy for this manufacturing company had the following proposals: Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote Board proposals to declassify the board 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 the equity […]
Read MoreThe annual proxy for this pharmacy-led, health and well–being company had the following proposals: Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote Shareholder proposals on independent chairman, deferral period on executive compensation, and lowering threshold for special meetings Magni voted as follows: For and against the proforma proposals. -For directors – The board has a majority of independent directors, while the target skill sets for the board are disclosed along with the fit […]
Read MoreThe special proxy for this managed care provider had the following proposals: Board proposal on special equity grant to the CEO Magni voted against the proforma proposal. The proxy materials disclosed the nature of the proposal and explained some best practices used in the design of the award. That said, there was no explanation for why such a change should be made, and there was no explanation as to why […]
Read MoreThe annual proxy for this chain of members-only warehouse stores had the following proposals: Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote Board proposal to permit removal of directors without cause Shareholder proposal on director skills matrix and disclosure of director ideological perspectives Magni voted as follows: For and against proforma proposals. -Against directors – Directors do not stand for annual election. This staggered board structure is especially problematic given the preferred […]
Read MoreThis management consulting and professional services firm’s annual proxy had the following proposals: Proforma votes on directors and appointment of auditors Proforma European votes on annual confirmation of authorities Board proposal on amended share incentive plan Magni voted as follows: Magni voted for all proforma proposals. -Directors – The board has a majority of independent directors, and the proxy materials explain the fit of the director nominees to the board’s needed skills. The compensation of directors is […]
Read MoreMagni votes company proxies on behalf of clients and is guided in its votes by applying corporate governance best practices as described in Magni’s Sustainable Value Creation principles. When Magni is voting a proxy, it means that one or more Magni clients have the associated security in an account. These accounts use a Magni Corporate Governance strategy so that the resulting portfolio contains the best governed companies, according to […]
Read MoreMagni votes company proxies on behalf of clients and is guided in its votes by applying corporate governance best practices as described in Magni’s Sustainable Value Creation principles. When Magni is voting a proxy, it means that one or more Magni clients have the associated security in an account. These accounts use a Magni Corporate […]
Read MoreMagni votes company proxies on behalf of clients and is guided in its votes by applying corporate governance best practices as described in Magni’s Sustainable Value Creation principles. When Magni is voting a proxy, it means that one or more Magni clients have the associated security in an account. These accounts use a Magni Corporate Governance strategy so that the resulting portfolio contains the best governed companies, according to […]
Read MoreMagni votes company proxies on behalf of clients and is guided in its votes by applying corporate governance best practices as described in Magni’s Sustainable Value Creation principles. When Magni is voting a proxy, it means that one or more Magni clients have the associated security in an account. These accounts use a Magni Corporate […]
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