In the Margins
J.P. Morgan Chase & Co. will consider giving certain big investors the chance to nominate members to its board, potentially joining a long list of U.S. companies opening up corporate elections this year. The change to the bank’s bylaws will be considered at the next board meeting and would give shareholders the right to place their director nominees in the firm’s proxy statement—specifically allowing investors to nominate up to 20% of the board. Read the original story from MarketWatch.
Most Read
It's International Women's Day, so we decided to take a look at how women are represented on mutual fund boards. On average, the percentage of female ...
The late-day trading and market-timing scandal at a number of mutual funds in the fall of 2003 was a seminal moment in fund governance. In the ...
In an unusual move, the board overseeing USAA's mutual funds is planning to replace its long-serving independent chairman with an interested chair upon completion of Victory ...
Half of the independent directors currently sitting on OppenheimerFunds' two boards will join an Invesco board later this year when Invesco's $5.7 billion acquisition of OppenheimerFunds ...