Search results for Glass Lewis
Mobility
U.S. SEC approves Tesla retail shareholder auto-voting, could it affect a SpaceX merger
Tesla has won U.S. Securities and Exchange Commission approval for a program that automatically casts participating retail shareholders’ votes in line with board recommendations. Participants can apply it to all items or exclude contested director elections and M&A matters, and can change votes on specific items or cancel for free. Tesla cited low retail voting turnout. The approval comes as Elon Musk has hinted at a Tesla-SpaceX combination, which would require a shareholder vote.
Finance
Pressure mounts for governance overhaul as financial holdings brace for AGM season
Major South Korean financial holding companies are on edge ahead of regular annual general meetings this month as financial authorities press for governance overhauls, including improved CEO reappointment procedures and stronger board independence. Reappointment votes for several chairmen, outside director appointments and articles-of-association changes are on agendas. Shareholder-return plans, including using capital reserves for dividends, will also be voted on. A debate over adopting a shareholder-nominated director system has also emerged.
Finance
ISS recommends votes in favour of all Hana Financial agenda items
Institutional Shareholder Services has recommended votes in favour of all agenda items at Hana Financial Group\'s 2026 annual general meeting, including outside and inside director appointments, charter changes and approval of directors\' pay. The recommendation is seen as reflecting Hana Financial\'s efforts to improve governance and expand shareholder communication. The Supreme Court\'s January ruling confirming Chairman Ham Young-joo\'s acquittal was also cited as a factor.