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Alschuler and Dillard said they strongly disagree with ISS. In a letter to shareholders shared with Crain’s, they noted SL ...
Institutional investors—pension funds, mutual funds, insurance companies, endowments and sovereign wealth funds—bring far ...
an outspoken shareholder, was advocating for a laundry list of changes at the struggling retail behemoth—from separating the chairman and chief executive role (both held by Brennan) to selling noncore ...
Senate Banking Committee Chair, Tim Scott, R-S.C.; Sen. Mike Rounds, R-S.D.; and Sen. Bill Hagerty, R-Tenn., sent a letter May 20 to the leaders of ISS and Glass Lewis expressing “concerns with the ...
UnitedHealth Group is urging shareholders to support a compensation package, with $60 million in stock, for returning CEO Stephen Hemsley.
Hence his decision in 1985 to found Institutional Shareholder Services, facilitating voting by institutions to make management accountable. Now the leading proxy firm, it is under attack for ...
Institutional Shareholder Services on Monday recommended that investors back all four board nominees put forward by activist ...
House Republicans took aim at the “outsized influence and unchecked power” of proxy-advisory firms Institutional Shareholder Services and Glass Lewis and urged reforms in Congress and at the ...
Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 (PSX.N), opens new tab when prominent proxy advisory firm Institutional Shareholder Services (ISS ...
Wagner noted that two firms – Glass Lewis and Institutional Shareholder Services – control 97% of the market for such services. "That concentration alone would warrant scrutiny," she said.
(Reuters) -Institutional Shareholder Services has urged investors to reject Morgan Stanley's proposal to expand its equity incentive compensation plan, as the proxy adviser escalates its pushback ...