Proxy Access Moves from Back Burner: Will More Companies Embrace the GE Model? (Podcast)
In a recent interview with Randi Morrison, associate editor for TheCorporateCounsel.net, Matt Orsagh, CFA, CIPM, director of capital markets policy at CFA Institute, discusses implications of the Securities and Exchange Commission’s (SEC) recent suspension of Rule 14a-8 on proxy access proposals, in response to Whole Foods Market’s efforts to keep a shareholder proposal for proxy access off its ballot in exchange for its own proposal.
Given the growing momentum to give shareholders the right to nominate their own director candidates on a company’s ballot, Orsagh also discusses recent CFA Institute research that makes a case for the SEC “to take another look at [broader] proxy access.”
Listen to the interview.
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