In a Glass Lewis Proxy Talk held April 17, 2014, Anne Simpson of CalPERS and Michael Garland of the New York City Comptroller’s Office discussed why they think shareholders should vote against the re-election of four Duke Energy Corporation directors for what they believe to be a failure of the directors to fulfill their obligations of risk oversight as members of a committee overseeing health, safety, and environmental compliance at the company.
For a replay of the Proxy Talk (audio only) click here and see their joint filing at: https://www.sec.gov/Archives/edgar/data/1326160/000121465914002775/j414140px14a6g.htm
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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.