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Target Proposes Declassifying Board Structure, Moving to Annual Elections and One-Year Terms

written by CCI September 10, 2009 Compliance News, Governance

In response to the nasty proxy fight waged for control of the Target board earlier this year, the Company is proposing that its board of directors be declassified and that board members be on one-year terms with elections held annually.

SEC Approves Controversial Proposal Regarding Proxy Access for Corporate Board Elections

written by CCI June 1, 2009 Compliance News, General Interest, Governance

A recent proposal by the SEC to increase shareholder proxy access during corporate board elections has stirred strong debate on both sides. CCI presents both sides of the debate and asks readers to chime in with their thoughts on the SEC proposal.