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Washington ExaminerShareholders voted 71.3% in favor of reincorporating in Texas despite recommendations against the move from ISS and Glass Lewis. The decision follows years of declining support for ESG proposals and sustained outflows from sustainable funds.
benzinga.comExxon Mobil is responding to opposition from two proxy advisory firms regarding its plan to change its legal headquarters from New Jersey to Texas. The company is taking steps to address the firms' recommendations to shareholders.
Institutional Shareholder Services advised Warner Bros. Discovery shareholders to vote against a proposed executive compensation plan that includes a $887 million payout for CEO David Zaslav in the event of a sale to Paramount Global. The firm supported the overall merger but cri…