Major Corporations Defy Shareholder Pressure, Maintain DEI Programs
Costco, Goldman Sachs, and JPMorgan Chase publicly defended their diversity, equity, and inclusion (DEI) initiatives against shareholder pressure, while other companies are ending similar programs amidst a broader national debate on the value and legality of such programs.
Major Corporations Defy Shareholder Pressure, Maintain DEI Programs
Costco, Goldman Sachs, and JPMorgan Chase publicly defended their diversity, equity, and inclusion (DEI) initiatives against shareholder pressure, while other companies are ending similar programs amidst a broader national debate on the value and legality of such programs.
Progress
48% Bias Score
Herald Investment Trust Defeats Takeover Bid, Exposing Regulatory Gaps
Minority investors in Herald Investment Trust overwhelmingly rejected a takeover bid by Saba's Boaz Weinstein, highlighting shortcomings in industry body AIC, regulator FCA, and investment platforms' responses; the vote's success impacts six other targeted trusts.
Herald Investment Trust Defeats Takeover Bid, Exposing Regulatory Gaps
Minority investors in Herald Investment Trust overwhelmingly rejected a takeover bid by Saba's Boaz Weinstein, highlighting shortcomings in industry body AIC, regulator FCA, and investment platforms' responses; the vote's success impacts six other targeted trusts.
Progress
44% Bias Score
Telefónica Chairman to Receive €23 Million Severance
Telefónica's chairman, José María Álvarez-Pallete, will receive a €23 million severance package upon his departure, as per his contract, which includes four years of salary and bonuses, but prohibits him from working for a similar company for two years.
Telefónica Chairman to Receive €23 Million Severance
Telefónica's chairman, José María Álvarez-Pallete, will receive a €23 million severance package upon his departure, as per his contract, which includes four years of salary and bonuses, but prohibits him from working for a similar company for two years.
Progress
48% Bias Score
Record CEO Departures in 2024 Driven by Activist Investors
A record 27 CEOs resigned in 2024 due to pressure from activist investors who launched 243 global campaigns demanding operational improvements and strategic changes, reflecting a shift in investor priorities away from mergers and acquisitions.
Record CEO Departures in 2024 Driven by Activist Investors
A record 27 CEOs resigned in 2024 due to pressure from activist investors who launched 243 global campaigns demanding operational improvements and strategic changes, reflecting a shift in investor priorities away from mergers and acquisitions.
Progress
40% Bias Score
Record Number of Activist Shareholder Campaigns in 2024
In 2024, a record 160 investors launched 243 activist campaigns globally, resulting in 27 CEO replacements and high returns for some, marking a shift towards operational improvements and signaling continued growth in 2025.
Record Number of Activist Shareholder Campaigns in 2024
In 2024, a record 160 investors launched 243 activist campaigns globally, resulting in 27 CEO replacements and high returns for some, marking a shift towards operational improvements and signaling continued growth in 2025.
Progress
44% Bias Score
Activist Investor Targets Rio Tinto's Dual-Listed Structure
Palliser Capital is urging Rio Tinto to dissolve its dual-listed structure, citing a \$78 billion cost and \$37.5 billion valuation gap, while acknowledging key differences between Rio Tinto and BHP's successful restructuring.
Activist Investor Targets Rio Tinto's Dual-Listed Structure
Palliser Capital is urging Rio Tinto to dissolve its dual-listed structure, citing a \$78 billion cost and \$37.5 billion valuation gap, while acknowledging key differences between Rio Tinto and BHP's successful restructuring.
Progress
40% Bias Score
Costco Shareholders Reject Anti-DEI Proposal
Costco shareholders overwhelmingly rejected (98%+) a proposal to investigate its DEI policies, defying political pressure and suggesting strong investor support for the company's approach to diversity and inclusion.
Costco Shareholders Reject Anti-DEI Proposal
Costco shareholders overwhelmingly rejected (98%+) a proposal to investigate its DEI policies, defying political pressure and suggesting strong investor support for the company's approach to diversity and inclusion.
Progress
56% Bias Score
Weinstein's Bid to Oust Herald Investment Trust Board Fails
Shareholders of the £1.3 billion Herald Investment Trust overwhelmingly rejected a proposal by Boaz Weinstein's Saba Capital to replace the board, dealing a major blow to Weinstein's campaign targeting seven London-listed trusts and highlighting strong shareholder engagement.
Weinstein's Bid to Oust Herald Investment Trust Board Fails
Shareholders of the £1.3 billion Herald Investment Trust overwhelmingly rejected a proposal by Boaz Weinstein's Saba Capital to replace the board, dealing a major blow to Weinstein's campaign targeting seven London-listed trusts and highlighting strong shareholder engagement.
Progress
48% Bias Score
CAE Inc. Faces Activist Pressure Amidst Underperformance and CEO Transition
CAE Inc., a Canadian flight training and simulation technology company, reported lower than expected FY24 results including an operating loss of C$185 million and announced its CEO's resignation; activist investor Browning West LP is advocating for a strategic CEO search process.
CAE Inc. Faces Activist Pressure Amidst Underperformance and CEO Transition
CAE Inc., a Canadian flight training and simulation technology company, reported lower than expected FY24 results including an operating loss of C$185 million and announced its CEO's resignation; activist investor Browning West LP is advocating for a strategic CEO search process.
Progress
60% Bias Score
Costco Defends DEI Initiatives Amidst Activist Pressure
Faced with a shareholder proposal demanding assessment of risks associated with its diversity, equity, and inclusion (DEI) initiatives, Costco's board unanimously rejected it, contrasting with other companies that have reduced their DEI efforts; the final decision rests with shareholders voting in J...
Costco Defends DEI Initiatives Amidst Activist Pressure
Faced with a shareholder proposal demanding assessment of risks associated with its diversity, equity, and inclusion (DEI) initiatives, Costco's board unanimously rejected it, contrasting with other companies that have reduced their DEI efforts; the final decision rests with shareholders voting in J...
Progress
36% Bias Score
NAB CEO Optimistic About 2025 Despite Legal Challenges and Fossil Fuel Financing Concerns
NAB CEO Andrew Irvine expressed confidence in Australia's economic outlook for 2025, citing interest rate cuts and a strong jobs market, while facing legal action for allegedly failing vulnerable customers and shareholders rejecting a resolution to curb fossil fuel financing.
NAB CEO Optimistic About 2025 Despite Legal Challenges and Fossil Fuel Financing Concerns
NAB CEO Andrew Irvine expressed confidence in Australia's economic outlook for 2025, citing interest rate cuts and a strong jobs market, while facing legal action for allegedly failing vulnerable customers and shareholders rejecting a resolution to curb fossil fuel financing.
Progress
48% Bias Score
ISS Rejects Mike Ashley's Boohoo Board Bid
Institutional Shareholder Services (ISS) recommended against Mike Ashley joining Boohoo's board, rejecting his bid to control the struggling retailer despite his 28% stake and accusations of mismanagement. This follows Boohoo's recent CEO replacement and Ashley's own company, Frasers Group, issuing ...
ISS Rejects Mike Ashley's Boohoo Board Bid
Institutional Shareholder Services (ISS) recommended against Mike Ashley joining Boohoo's board, rejecting his bid to control the struggling retailer despite his 28% stake and accusations of mismanagement. This follows Boohoo's recent CEO replacement and Ashley's own company, Frasers Group, issuing ...
Progress
36% Bias Score