At Tesla’s recent annual meeting, shareholders approved an unusual compensation proposal for CEO Elon Musk – if achieved, he could be the world’s first trillionaire. The vote passed by a comfortable ...

Major proxy advisory firm Glass Lewis announced that it will stop offering its standard benchmark proxy voting guidelines in 2027, and transition clients to differentiated client frameworks. Glass ...

When one of the country's largest financial institutions announced in early January that it would stop using external proxy advisory firms and instead rely on an internal AI system to guide how it ...

Proxy-voting certainly took the spotlight in 2025. We saw the SEC narrow the scope of permissible shareholder proposals toward the beginning of the year. And toward the end, a White House executive ...

The House Committee on Financial Services’ April 29 th hearing titled “Exposing the Proxy Advisory Cartel: How ISS & Glass Lewis Influence Markets” examined “the role and influence of proxy advisory ...

JPMorgan's asset and wealth management division is ditching its long-held practice of using external proxy advisors for advice on shareholder voting decisions. The bank said it was "the first major ...

JPMorgan Chase's asset-management arm has ended its relationship with proxy advisory firms, moving to oversee shareholder voting internally with AI technology, reported the Wall Street Journal. The ...