In the Margins
The Securities and Exchange Commission said Wednesday it will consider allowing investors to pick directors from a single ballot, in what would be the latest move to open up the governance process of large corporations. The rule changes to be considered also could empower activist investors looking to add directors to corporate boards, depending on the recommendations of the agency's staff. Read the original story from Reuters.
Most Read
Mutual fund industry veteran Frank Nasta, who retired from JPMorgan's U.S. funds business in mid-2018, is among three new independents nominated to join the Federated Hermes ...
Building and maintaining a diverse membership has become a top priority for many mutual fund boards in recent years, and new data shows this focus is ...
Total compensation paid to independent mutual fund directors in 2023 increased, though the difference was smaller than in the year prior, according to industry data obtained ...
The Putnam Funds board has new leadership and a new independent member following the retirement of Kenneth Leibler, who chaired the board for six years and ...