The Walt Disney Company 

The annual proxy for this entertainment company had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Board proposal on incentive compensation plan  Shareholder proposal on political disclosure  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, though the equity does […]

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F5 Networks, Inc. 

The annual proxy for this network services company had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Board proposal on incentive compensation plan  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, though the equity does not have restrictions […]

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Applied Materials, Inc.

The annual proxy for this provider of equipment, software, and services for the semiconductor industry had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Board proposal on written consent  Magni voted as follows:  For all 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 […]

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Agilent Technologies, Inc. 

The annual proxy for this scientific solutions provider had the following proposals:  Proforma votes on directors and appointment of auditors  Board proposal to approve employee stock purchase plan  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, though the […]

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TE Connectivity Ltd.

The annual proxy for this manufacturer of connectivity and sensor products had the following proposals:  Proforma votes on directors, appointment of auditors, and executive compensation  Board proposal to cancel share purchase program  Proforma Swiss votes   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 […]

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Starbucks Corporation 

The annual proxy for this coffee company and coffeehouse chain had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Shareholder proposal on EEO Policy Risk Report  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, along […]

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Keysight Technologies, Inc. 

The annual proxy for this provider of electronic design, test, and related solutions had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Magni 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 align director incentives […]

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Digital Realty Trust, Inc. Proposal to Increase Control of InterXion Holding N.V. 

Digital Realty Trust, Inc. Proxy   The proxy had two proposals related to the issuance of shares:  To approve the issuance of shares  To approve adjourn special meeting or time to solicit more proxy votes  Magni voted against both proposals. The proxy is very technical with poor quality overview material. The transaction involves a lot of entities, while the underlying relationships among the entities […]

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Amerisourcebergen Corporation 

The annual proxy for this drug wholesale company had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Shareholder proposals on written consent and on a deferral period for compensation  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 […]

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December 2019

Country Ranking Trends Magni completed a review of the Philippines. The country finally has made meaningful progress in implementing reforms to improve its Market Integrity. The longstanding deficiencies were highlighted when the Philippines was used to launder money stolen in 2016 from Bangladeshi banks. For all of 2019, ten countries in the investible world were […]

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