Sacramento, CA– Leading proxy advisors, RiskMetrics Group, Glass Lewis & Co, and Egan-Jones Proxy Services, recommend Brocade Communications’ shareholders support resolutions by California’s two largest pensions. The proposals seek to remove the company’s supermajority vote requirement and to allow directors to be elected annually.
Sacramento, CA– The California State Teachers’ Retirement System (CalSTRS) is searching for firms to comprise a pool of expertise that will provide auditing, consulting, special projects, and training services.
The final filing date for proposals is June 8, 2009 with selections for the pool expected in the fall of 2009.
Sacramento, CA– Trustees of the California State Teachers’ Retirement System (CalSTRS) unanimously re-elected Dana Dillon as Chair and Jerilyn Harris as Vice-Chair for the 2009-10 term at today’s meeting.
SAN DIEGO, CA– The National Association of Insurance Commissioners (NAIC) today approved a groundbreaking mandatory requirement that insurance companies disclose to regulators and investors the financial risks they face from climate change, as well as actions the companies are taking to respond to those risks.
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