WEST SACRAMENTO, CA. – The California State Teachers’ Retirement System (CalSTRS) today announced Netflix shareholder support for its proposal (No. 5) requiring uncontested directors receive a majority of votes cast in order to be seated.
WEST SACRAMENTO, CA – Shareholders today voted 53 percent to
support the California State Teachers’ Retirement System
(CalSTRS) proposal to split The Timken Company into separate
steel and ball bearing businesses. The move will unlock greater
shareholder value, CalSTRS officials announced at the annual
shareholder meeting in Canton, Ohio.
WEST SACRAMENTO, CA – Despite California State Teachers’
Retirement System (CalSTRS) support, Occidental Petroleum Board
Chairman Ray Irani failed to receive a majority of shareholders’
support. The vote took place today at the company’s annual
meeting in Los Angeles.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement
System (CalSTRS) released, “Lessons Learned: The Inaugural Year of Say-on-Pay,” its analysis of
shareholders’ ability to vote on executive compensation, known as
say-on-pay, during the 2011 proxy season.
WEST SACRAMENTO, CA– The
California State Teachers’ Retirement System (CalSTRS) announced
today it will vote against the advisory vote approving executive
compensation and the election of all incumbent board members at
Occidental Petroleum’s (NYSE: OXY) 2010 Annual Meeting in Los
Angeles on May 7.
SACRAMENTO, CA– With risky
behavior and excessive executive pay blamed for fueling the
economic crisis, the California State Teachers’ Retirement System
(CalSTRS) is calling for more responsible executive pay policies.
NEW YORK, NY – The Diverse Director DataSource (3D), a new resource for finding untapped talent to serve on corporate boards, is now open for corporations, search firms and shareowners looking for diverse talent for corporate boards.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement
System (CalSTRS) today voted against the Walt Disney Company’s
decision to combine the Chairman and Chief Executive Officer
(CEO) position. CalSTRS also opposed Disney’s compensation plan
for the CEO, calling the governance and nominating committee
actions a return to poor governance practices of the past.
WEST SACRAMENTO, CA – Since its inception, Facebook has created a
new way for the world to communicate. What started in a college
dorm room, Mark Zuckerberg turned into a great enterprise that
revolutionized social networking.
Ceres proposes recommendations to insurers and regulators to maintain insurability in a warming world.
BOSTON – 2012 was the warmest year on record in the lower 48 states and the second most extreme weather year in United States history. Insurers are increasingly acknowledging that extreme weather has become the new normal, yet a new report from Ceres finds that many in the industry are only just beginning to think about how to address the effects climate change may have on their business – while a small group of companies is leading the way.
WEST SACRAMENTO, CA – California State Teachers’ Retirement
System’s (CalSTRS) Corporate Governance Director, Anne Sheehan,
has been named to the board of directors of the newly-launched
Sustainability Accounting Standards Board (SASB).
WEST SACRAMENTO, CA – The California State Teachers´ Retirement
System (CalSTRS) today announced it has withdrawn its shareholder
proposal at Sysco Corp. (NYSE: SYY) after the foodservice giant
agreed to include water risk management and sustainable
agriculture in the company’s new sustainability initiative.
Proxy Voting
CalSTRS Majority Vote Proposal Wins Approval at Netflix Annual Meeting
Shareholders overwhelmingly approve four of five proposals presented.
WEST SACRAMENTO, CA. – The California State Teachers’ Retirement System (CalSTRS) today announced Netflix shareholder support for its proposal (No. 5) requiring uncontested directors receive a majority of votes cast in order to be seated.
CalSTRS Proposal to Split Timken Approved by Shareholders
Shareholders understand the added value of the businesses as separate companies.
WEST SACRAMENTO, CA – Shareholders today voted 53 percent to support the California State Teachers’ Retirement System (CalSTRS) proposal to split The Timken Company into separate steel and ball bearing businesses. The move will unlock greater shareholder value, CalSTRS officials announced at the annual shareholder meeting in Canton, Ohio.
CalSTRS Statement on Occidental Petroleum Shareholders’ Meeting Results
WEST SACRAMENTO, CA – Despite California State Teachers’ Retirement System (CalSTRS) support, Occidental Petroleum Board Chairman Ray Irani failed to receive a majority of shareholders’ support. The vote took place today at the company’s annual meeting in Los Angeles.
Executive Compensation
CalSTRS Analysis of 2011 Say-on-Pay Proxy Voting Available Online
CalSTRS Corporate Governance offers a lessons learned analysis for the first year of mandatory say-on-pay for most U.S. Corporations
WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) released, “Lessons Learned: The Inaugural Year of Say-on-Pay,” its analysis of shareholders’ ability to vote on executive compensation, known as say-on-pay, during the 2011 proxy season.
CalSTRS to Oppose Occidental Petroleum Executive Compensation Advisory Vote
Letter to director critical of ‘wildly excessive pay’ in excess of peer group median.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) announced today it will vote against the advisory vote approving executive compensation and the election of all incumbent board members at Occidental Petroleum’s (NYSE: OXY) 2010 Annual Meeting in Los Angeles on May 7.
CalSTRS Guidelines Offer Substance on Executive Pay
CalSTRS calls for companies to look at salary plans that promote responsible practices.
SACRAMENTO, CA – With risky behavior and excessive executive pay blamed for fueling the economic crisis, the California State Teachers’ Retirement System (CalSTRS) is calling for more responsible executive pay policies.
Board Diversity
Diverse Director DataSource (3D) Opens for Business
New Database Helps Corporations and Shareowners Recruit Diverse Board Talent
NEW YORK, NY – The Diverse Director DataSource (3D), a new resource for finding untapped talent to serve on corporate boards, is now open for corporations, search firms and shareowners looking for diverse talent for corporate boards.
CalSTRS Votes Against Combined CEO-Chairman Post and Compensation Plan at Disney’s Annual Meeting
Disney remains the happiest place on Earth–for Robert Iger
WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) today voted against the Walt Disney Company’s decision to combine the Chairman and Chief Executive Officer (CEO) position. CalSTRS also opposed Disney’s compensation plan for the CEO, calling the governance and nominating committee actions a return to poor governance practices of the past.
CalSTRS Statement on the Governance Structure at Facebook
WEST SACRAMENTO, CA – Since its inception, Facebook has created a new way for the world to communicate. What started in a college dorm room, Mark Zuckerberg turned into a great enterprise that revolutionized social networking.
Sustainability Risk Management
Is the U.S. Insurance Industry Prepared for Climate Change?
Analysis of first-ever industry-wide survey finds that only 23 of 184 companies have comprehensive climate change strategies, yet some leaders are emerging.
Ceres proposes recommendations to insurers and regulators to maintain insurability in a warming world.
BOSTON – 2012 was the warmest year on record in the lower 48 states and the second most extreme weather year in United States history. Insurers are increasingly acknowledging that extreme weather has become the new normal, yet a new report from Ceres finds that many in the industry are only just beginning to think about how to address the effects climate change may have on their business – while a small group of companies is leading the way.
Sustainability Accounting Standards Board Appoints CalSTRS’ Anne Sheehan to Board of Directors
CalSTRS Director of Corporate Governance among 13 selected to inaugural board.
WEST SACRAMENTO, CA – California State Teachers’ Retirement System’s (CalSTRS) Corporate Governance Director, Anne Sheehan, has been named to the board of directors of the newly-launched Sustainability Accounting Standards Board (SASB).
CalSTRS Marks Success in Sustainability Proposals
Proposal is withdrawn at Sysco after modification of new sustainability initiative
WEST SACRAMENTO, CA – The California State Teachers´ Retirement System (CalSTRS) today announced it has withdrawn its shareholder proposal at Sysco Corp. (NYSE: SYY) after the foodservice giant agreed to include water risk management and sustainable agriculture in the company’s new sustainability initiative.