Just 71.9 percent of shareholders supported Akio Toyoda, who has faced scrutiny from investor groups over governance issues, in his bid to remain chairman.
Category: Shareholder Rights and Activism
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Akio Toyoda, Toyota’s Chairman, Defends His Hands-On Role
Akio Toyoda, who stepped down as chief executive last year, had been criticized by some shareholders for continuing to dominate decision making at the automaker.
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Exxon Suit Over Activist Investor’s Climate Proposal Is Dismissed
A federal judge ruled that the case was moot after the investor, Arjuna Capital, withdrew the proposal with a promise not to try again.
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The Sky’s the Limit for C.E.O. Pay
With new executive pay disclosures, the big picture is still riches at the top and lagging wages for most of the rank-and-file, our columnist says.
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BuzzFeed Clashes With Vivek Ramaswamy, Its New Activist Investor
The former G.O.P. presidential candidate, who has invested in BuzzFeed, believes the company needs to pivot. He wants to see commentators like Tucker Carlson in its lineup.
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Norfolk Southern Investors Reject Plan to Oust Its Management
An activist investment firm failed to replace the railroad’s top executive and all its directors, but did win three seats on its board.
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Activist Ancora Wins Three Norfolk Southern Board Seats but Will Not Oust CEO
An activist investment firm failed to replace the railroad’s top executive and all its directors, but did win three seats on its board.
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Norfolk Southern Faces Activist Investor Challenge
A year after a derailment in Ohio raised questions about rail safety, an investment firm is seeking to install new management in an effort to increase profits.
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Tesla Seeks to Revive Musk’s $47 Billion Pay Deal After Judge Says No
The company’s directors are asking shareholders to again approve the multibillion-dollar compensation plan and to move the company’s registration to Texas, from Delaware.
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The Takeaways from Disney’s Proxy Battle with Nelson Peltz
New voting rules made for sharper attacks, while a bold defense kept the activist investor at bay. But pressure remains on the company’s chief, Bob Iger.
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Disney’s Annual Meeting Will Include a Thrill Ride
A nasty and expensive fight over board seats will come to a climax Wednesday when shareholders vote on Nelson Peltz’s bid for influence.