Ralph Lauren Corporation 

The annual proxy for the premium clothing company had the following proposals:  Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote  Magni for and against proforma proposals:  For directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors.  For auditors – The company meets the criteria in Magni’s policy on auditor ratification.  Against “say-on-pay” – The disclosures in the proxy did not meet the […]

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ebay Inc.

The annual proxy for this ecommerce corporation had the following proposals:  Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote  Shareholder proposal on written consent  Magni voted as follows:  For and against proforma proposals. –For directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors. -For auditors – The company meets the criteria in Magni’s policy on auditor ratification. -Against “say-on-pay” – The […]

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Omnicom Group, Inc. 

The annual proxy for this marketing and communications company had the following proposals:  Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote  Shareholder proposal on proxy access  Magni voted as follows:  For and against proforma proposals. –For directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors. -For auditors – The company meets the criteria in Magni’s policy on auditor ratification. -Against “say-on-pay” – The disclosures in the […]

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The Kroger Co.

The annual proxy for this supermarket chain had the following proposals:  Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote  Shareholder proposals on unrecyclable packaging/private label brands and human rights  Magni voted as follows:  For and against proforma proposals. –For directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors. -For auditors – The company meets the criteria in Magni’s policy on auditor ratification. -Against “say-on-pay” – The […]

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Linde PLC 

The annual proxy for this chemical company had the following proposals:  Proforma proposals on directors, appointment of auditors, and advisory vote on compensation  Proforma European proposals  Magni voted as follows  For and against proforma proposals: –For directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors. -For auditors – The company meets the criteria in Magni’s policy on auditor ratification. -Against “say-on-pay” – The disclosures in the proxy do not […]

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Howmet Aerospace Inc.

The annual proxy for this aerospace company had the following proposals:  Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote  Shareholder proposal on threshold for shareholder meetings  Magni voted as follows:  For and against proforma proposals. –For directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors. -For auditors – The company meets the criteria in Magni’s policy on auditor ratification. -Against “say-on-pay” – The disclosures in the proxy do […]

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Carmax, Inc. 

The annual proxy for the nationwide used car dealer had the following proposals:  Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote  Board proposal on stock incentive plan  Magni voted as follows:  For and against proforma proposals. –For directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors. -For auditors – The company meets the criteria in Magni’s policy on auditor ratification. -Against “say-on-pay” – The disclosures in the proxy do […]

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The Charles Schwab Corporation Acquisition of TD Ameritrade Holding Corporation

The proxy had three proposals related to the acquisition:  Approve issuing shares  Authorize additional shares  Authorize Board to adjourn meeting if more shares are required to approve the first two proposals  Magni voted for the proposals on the proxy.   Both McKinsey and Bain have done studies that show most large acquisitions destroy shareholder value. That said, acquisitions where the primary driver is consolidation […]

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Mastercard Incorporated 

The annual proxy for the credit and debit card provider had the following proposals:  Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote  Magni for proforma proposals:  Directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors.  Auditors – The company meets the criteria in Magni’s policy on auditor ratification.  “Say-on-pay” – The disclosures in the proxy […]

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Delta Air Lines, Inc.

The annual proxy for this airline had the following proposals:  Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote  Shareholder proposals on written consent, climate lobbying, political contributions, and sexual harassment  Magni voted as follows:  For and against proforma proposals. –For directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors. -For auditors – The company meets the criteria in Magni’s policy on […]

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