Who Pays for Minority Director Campaigns?Who Pays?Another case of activisim with no cost. The AFSCME wants an action from a publicly traded company that will cost money to pursue recruiting and hiring. Okay. If the company decides to go along and add diversity to the board (I...
PONTIAC, Mich., Sept. 26 /U.S. Newswire/ -- Albert Garrett, president of Michigan Council 25 of the American Federation of State, County and Municipal Employees AFSCME, AFL-CIO, issued the following statement regarding informational picketing by AFSCME PONTIAC, Mich., Sept. 26 /U.S. Newswire/ -- Albert Garrett, president of Michigan Council 25 of...
DETROIT, April 11 /U.S. Newswire/ -- Albert Garrett, president of Michigan Council 25 of the American Federation of State, County and Municipal Employees AFSCME, AFL-CIO, issued the following statement regarding the City of Detroit's budgetary situationDETROIT, April 11 /U.S. Newswire/ -- Albert Garrett, president of Michigan Council 25 of the...
The Securities and Exchange Commission must open up the corporate proxy ballot to allow shareholders to nominate at least some directors and should do so, if possible, in time for 2007 annual meetings. Investor confidence has been shaken by what se The Securities and...
In what is being considered the most significant shareholder victory in corporate governance in a decade, a federal appeals court in New York in September rejected a long-standing policy of the Securities and Exchange Commission's division of corporation In what is being considered the most significant shareholder victory in...
New York State Attorney General Eliot Spitzer rightly has won much recognition for trying to improve conditions for investors, but others also deserve recognition for their efforts on behalf of investors. The American Federation of State, County an New York State Attorney General Eliot...
Byline: Barry B. Burr Reining in executive compensation, seeking more board accountability, and - despite a recent setback - proxy access that would allow shareholders to nominate directors are likely to be the major issues of the 2005 proxy seaso Byline: Barry B....
Byline: DAVE LENCKUS NEW YORK-Already facing shareholder securities lawsuits over share price volatility related to regulatory investigations, and now heading into the treacherous territory of earnings restatements, leading executive liability und Byline: DAVE LENCKUS NEW YORK-Already facing shareholder securities lawsuits...
Byline: Barry B. Burr What if a company had an annual meeting and no directors showed up? That's almost what happened to The Gillette Co. May 15. Only one director - James M. Kilts, chairman and chief executive officer - attended Gillette's...
Liberty Property Trust buys Big Beaver Airport land The former Big Beaver Airport property in Troy changed hands last Thursday in a $14.7 million deal. Grand Sakwa Properties Inc. of Farmington Hills sold the land to Liberty Property Trust, a...
Susan E. Manske, vice president and CIO of trust investments at Boeing, was named vice president and CIO of the $3.7 billion John D. and Catherine T. MacArthur Foundation. A search has begun for her replacement. ``We're moving fairly quickly,'' sa Susan E....
WASHINGTON -- Labor unions and wealthy donors are helping to close funding gaps for both national political conventions, sometimes contributing more than what they could legally donate to Barack Obama or John McCain. The American Federation of Teachers contributed $750,000 last month for the Democratic convention in Denver,...
The deal struck last night with the city's largest municipal union leader means that Mayor Nutter is more than halfway toward labor peace - and the breathing space he needs to look for ways to reduce the city's staggering cost for benefits. Nutter charted this course with the recent agreement...
The union representing the city's 4,300 white-collar workers voted without opposition late yesterday to authorize a strike if contract negotiations stall beyond July 15. After the vote, about 1,000 members of District Council 47 of the American Federation of State, County and Municipal Employees walked out of Benjamin Franklin...
As Mayor Nutter remained tight-lipped yesterday about the status of labor talks, two of the four unions whose contracts were set to expire at 12:01 a.m. today announced they would continue negotiating with no immediate labor disruptions. District Council 47 of the American Federation of State, County and Municipal...
"To be clear: Barack will support a filibuster of any bill that includes retroactive immunity for telecommunications companies." -- Obama spokesman Bill Burton, Oct. 24 WASHINGTON -- That was then: Democratic primaries to be won, netroot lefties to be seduced. With all that...
As contracts for 22,000 unionized city workers tick toward expiration in eight days, talk of strikes, layoffs and givebacks has not emerged. Instead, the Nutter administration has so far avoided the public controversy that has characterized Philadelphia municipal labor negotiations for decades, replacing the usual rancor with respect. The...
Cheyney University president Michelle Howard-Vital met with leaders of two campus unions yesterday and agreed to one of their demands regarding summer staffing, overturned the nonrenewal of two coaching positions and agreed to keep on talking. But she acknowledged that the university has a major struggle before it: cutting...
Officials of the Pennsylvania State System of Higher Education announced yesterday that a union representing support personnel at Cheyney University had agreed to call off a protest rally scheduled for next week and would meet instead with president Michelle Howard-Vital to review a long list of employee grievances. Before...
NEW HAVEN, Conn. -- The Millstein Center for Corporate Governance and Performance at the Yale School of Management has named 56 young professionals as "Rising Stars of Corporate Governance." The Millstein Center's list of Rising Stars recognizes corporate governance professionals under the age of 40...
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