On Thursday March 5th several institutional investors joined Glass Lewis on a conference call to discuss proxy access, i.e. the right for shareholders to nominate director to company boards. The discussion included a review of minimum ownership thresholds and holding periods as well as limitations on the number of director nominees and the size of shareholder groups in order to use proxy access.
Speakers included:
Donna Anderson Vice President and Corporate Governance Analyst, T. Rowe Price
Michael Garland, Assistant Comptroller, Corporate Governance and Responsible Investment, New York City Comptroller
Bess Joffe, Managing Director & Head of Corporate Governance, TIAA-CREF
Anne Simpson, Senior Portfolio Manager and Director of Corporate Governance, CalPERS
Robert McCormick (Moderator), Chief Policy Officer, Glass Lewis & Co.
DOWNLOAD REPLAY HERE
Note: Conference call is audio only.
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About Proxy Talk:
Glass Lewis’ Proxy Talk provides a forum for institutional investors to exchange views on proxy-related issues. Exclusively for Glass Lewis clients and invited guests, Proxy Talk conference calls feature roundtable discussions and guest-speaker presentations on important corporate integrity issues, mergers and acquisitions, control contests, SEC developments and policies, and new legal requirements, among other topics. Glass Lewis analysts also will preview key proposals to watch for in upcoming proxies and address questions about the findings of recent Proxy Paper reports.