Category: Proxy
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Exclusive-Ancora demands U.S. Steel board records, ratchets up proxy fight
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By svea herbst-bayliss New York (Reuters) – An active investor is calling on Ancora Holdings to reach records from the United States Steel, starting from the Board of Directors’s minutes to financial documents, where a campaign links to replace some members of the company and the CEO, according to a…
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Top proxy adviser ISS recommends against Tesla CEO Musk’s ‘excessive’ $56 billion pay By Reuters
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Written by Ross Kerber (Reuters) – Top proxy advisory firm ISS recommended that Tesla (NASDAQ:) shareholders vote against ratifying CEO Elon Musk’s $56 billion pay package, calling the compensation excessive and rejecting the plan drawn up by the electric car maker’s board. In a report sent by a representative late…