7 posts and columns on Institutional Shareholder Services

Yahoo Gives Dan Loeb a Fresh One, but Real Action in Proxy Fight Begins in Coming Weeks

in News on May 2 at 5:28 pm PT

Buuuurn! (Not really.)
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How Much Does Wall Street Hate Google’s Stock-Split Plan?

in News on April 15 at 8:53 am PT

And how much can shareholders who oppose it do about it? Very little. That won’t stop advisory firms and pension funds from having their say.
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News Byte

Hewlett-Packard Shareholders Approve Board Shake-Up

in Enterprise on March 23, 2011 at 2:19 pm PT

Hewlett-Packard shareholders approved the new makeup of the company’s board of directors at a meeting in Arlington, Va., today. The company had gotten some push-back from two shareholder advocacy groups, Institutional Shareholder Services and Glass Lewis, who advised their clients to vote against the nomination of as many as three directors standing for re-election. All directors nominated were re-elected. The company announced a dramatic board shake-up on Jan. 20, adding among others, former EBay CEO Meg Whitman.

HP's New CEO Has a Big Day Planned, and a Bigger Job Ahead

in Enterprise on March 14, 2011 at 4:30 am PT

Hewlett-Packard CEO Léo Apotheker makes his all-important debut before the press and Wall Street analysts today. Much will be said about the new corporate strategy he lays out, but his most important task will be convincing all concerned that he’s the man for the job.

Another Advisory Firm Singles Out HP Director Babbio

in Enterprise on March 11, 2011 at 7:10 am PT

Another advisory report, this one from Glass Lewis, says shareholders should vote against the re-election of Hewlett-Packard director Lawrence Babbio.

ISS Calls for Apple CEO Succession Plan

in News on February 4, 2011 at 4:00 am PT

Apple doesn’t want to divulge its executive succession plan, but it may soon have to. With CEO Steve Jobs on indefinite medical leave for an undisclosed condition and the company’s annual meeting scheduled for Feb. 23, support is growing for a shareholder proposal that would require Apple to explain what it plans to do should Jobs step down.

MicroHoo: The Likely Scenarios (Please Ignore the Poison-Pen Letters)

in News on July 18, 2008 at 2:24 am PT

Listening to all the birds-on-a-wire chatter about what will happen in the latest round of the never-ending Microsoft-Yahoo saga, it’s still hard to know what to think, given the ever-increasing noise around the proceedings, which will continue until Yahoo’s Aug. 1 shareholder meeting. Yesterday, it got louder still as Yahoo Chairman Roy Bostock and CEO Jerry Yang sent out far and wide yet another stinkbomb letter, calling activist investor Carl Icahn a money-grubbing “corporate agitator.” Well, yes–not that there’s anything wrong with that!