Corporate governance

DGAP-News: GRENKE AG: GRENKE informs about exonerating statements and points of criticism of BaFin's special auditor

Friday, February 26, 2021 - 3:00am

In addition to the exonerating statements, Mazars' report also contains significant points of criticism.

Key Points: 
  • In addition to the exonerating statements, Mazars' report also contains significant points of criticism.
  • GRENKE AG has already responded in the past weeks and months to material findings from the ongoing audits.
  • Following the resignation of Board of Directors member Mark Kindermann, the Supervisory Board intends to strengthen the Board of Directors.
  • Antje Leminsky, Chair of the Board of Directors of GRENKE AG, said: "Our business model is intact.

AvalonBay Communities, Inc. Announces Retirement of H. Jay Sarles from Board of Directors and Nomination of Christopher Howard and Nnenna Lynch

Thursday, February 25, 2021 - 9:30pm

During his tenure on the Board, Mr. Sarles has, at various times, served as the Lead Independent Director and as the Chair of the Nominating and Corporate Governance and Audit Committees of the Board.

Key Points: 
  • During his tenure on the Board, Mr. Sarles has, at various times, served as the Lead Independent Director and as the Chair of the Nominating and Corporate Governance and Audit Committees of the Board.
  • The Board has nominated all current directors other than Mr. Sarles for re-election at the 2021 Annual Meeting of Stockholders.
  • The Board also announced that it has nominated for election, at the Companys May 20, 2021 Annual Meeting of Stockholders, Christopher B. Howard and Nnenna Lynch.
  • He has prior experience in other leadership positions in higher education as well as experience in the military and private sectors.

Opposition to CEO Pay Increases Could Bring Record Votes Against Pay in Coming Proxy Season

Thursday, February 25, 2021 - 3:39pm

The level of shareholder opposition to excessive CEO pay continues to grow.

Key Points: 
  • The level of shareholder opposition to excessive CEO pay continues to grow.
  • In advance of the upcoming proxy season, investors are focused on whether COVID-based adjustments are appropriate to CEO pay packages.
  • *The pay packages evaluated were those where votes were cast prior to June 30, 2020.
  • To learn more about As You Sows work on CEO pay, click here .

NACD Annual Survey Highlights 2020-2021 Governance Trends And Priorities

Thursday, February 25, 2021 - 3:00pm

"Directors are emerging from a tumultuous 2020 with a clear sense of the issues most impactful to their organizations," said Peter R. Gleason, NACD CEO.

Key Points: 
  • "Directors are emerging from a tumultuous 2020 with a clear sense of the issues most impactful to their organizations," said Peter R. Gleason, NACD CEO.
  • The 20202021 NACD Trends and Priorities of the American Boardroom report,one of four governance surveys NACD produces annually, was fielded from November 19, 2020, to December 10, 2020, and included responses from more than 450 members.
  • The National Association of Corporate Directors (NACD) empowers more than 21,000 directors to lead with confidence in the boardroom.
  • Fostering collaboration among directors, investors, and corporate governance stakeholders, NACD has been setting the standard for responsible board leadership for 40 years.

Cryoport Launches Environmental, Social, and Governance (ESG) Program

Thursday, February 25, 2021 - 1:15pm

Our corporate governance supports and sustains all that we do at Cryoport.

Key Points: 
  • Our corporate governance supports and sustains all that we do at Cryoport.
  • Leadership of our ESG program starts with our Board of Directors, the Nominating and Governance Committee, our Chief Executive Officer, and our senior leadership team.
  • In the next few days, we will be posting additional and more detailed information about our ESG program on our website.
  • Through its family of companies, Cryoport Systems, MVE Biological Solutions, CRYOPDP and CRYOGENE, Cryoport provides strategic solutions that support the growing needs of these markets.

EQS-News: Nordea Bank Abp: Notice to the Annual General Meeting

Thursday, February 25, 2021 - 9:01am

The Shareholders' Nomination Board proposes to the Annual General Meeting, for a period until the end of the next Annual General Meeting, that the number of members of the Board of Directors to be elected by the Annual General Meeting is set at 10.

Key Points: 
  • The Shareholders' Nomination Board proposes to the Annual General Meeting, for a period until the end of the next Annual General Meeting, that the number of members of the Board of Directors to be elected by the Annual General Meeting is set at 10.
  • The Board of Directors proposes, on the recommendation of the Board Audit Committee, to the Annual General Meeting that authorised public accountants PricewaterhouseCoopers Oy be re-elected as the Company's auditor until the end of the following Annual General Meeting.
  • The authorisation shall remain in force and effect until the earlier of (i) the end of the next Annual General Meeting of the Company or (ii) 18 months from the resolution of the Annual General Meeting of the Company.
  • A shareholder can exercise his/her shareholder's rights at the Annual General Meeting by voting in advance on certain items on the agenda of the Annual General Meeting.

Bank of America Corporation Files Annual Report on Form 10-K

Wednesday, February 24, 2021 - 11:27pm

Bank of America Corporation informed its securities holders that its Annual Report on Form 10-K for the fiscal year ended 31 December 2020 has been filed with the U.S. Securities and Exchange Commission (SEC) on 24 February 2021.

Key Points: 
  • Bank of America Corporation informed its securities holders that its Annual Report on Form 10-K for the fiscal year ended 31 December 2020 has been filed with the U.S. Securities and Exchange Commission (SEC) on 24 February 2021.
  • Bank of America Corporation makes available all of its SEC filings on its website: http://investor.bankofamerica.com/phoenix.zhtml?c=71595&p=irol-irhome .
  • The SEC maintains a website that contains reports, proxy statements and other information regarding issuers that file electronically with the SEC.
  • A copy of the document will also be available on the Officially Appointed Mechanisms website at https://www.bourse.lu/issuer/BankofAmerCorp/35519 .

Stoneridge Appoints Frank S. Sklarsky to Board of Directors

Wednesday, February 24, 2021 - 10:15pm

Previously, Sklarsky was executive vice president and chief financial officer of Tyco International, a global security solution, fire protection and, flow control infrastructure company.

Key Points: 
  • Previously, Sklarsky was executive vice president and chief financial officer of Tyco International, a global security solution, fire protection and, flow control infrastructure company.
  • Sklarsky earned a bachelor's degree in Accounting from Rochester Institute of Technology and an MBA from Harvard University.
  • Sklarsky serves on the executive committee for Rochester Institute of Technology's board of trustees, where he is chairman of the university's endowment committee and enterprise risk management committee.
  • Sklarsky also serves as a board member and chairman of the audit committee for Cenveo Worldwide.

AMG Announces Changes to the Composition of the Supervisory Board and Nominates Its CEO and COO for Reappointment When Their Current Terms End in May 2021

Wednesday, February 24, 2021 - 6:30pm

At the Annual General Meeting (AGM) in May 2021, Mr. Willem van Hassel, Vice Chairman, will have served four years on the Supervisory Board when his current term ends.

Key Points: 
  • At the Annual General Meeting (AGM) in May 2021, Mr. Willem van Hassel, Vice Chairman, will have served four years on the Supervisory Board when his current term ends.
  • On that occasion, Mr. Herb Depp, Chair of the Remuneration Committee, will have served eight years on the Supervisory Board when his current term ends.
  • The Board is very pleased that both gentlemen have agreed to continue to serve on the Supervisory Board.
  • The terms of both the CEO and COO (Dr. Heinz Schimmelbusch and Mr. Eric Jackson, respectively) will end in May 2021.

FSR Welcomes New Members To Its Board Of Directors

Wednesday, February 24, 2021 - 5:58pm

"Mr. Kaplan and Mr. Raich join the board at a pivotal time for rare and inflammatory disease research and patient support.

Key Points: 
  • "Mr. Kaplan and Mr. Raich join the board at a pivotal time for rare and inflammatory disease research and patient support.
  • As FSR enters into its third decade, the addition of these leaders enhances the valuable skills and experiences of our board.
  • He is a board member of the UCLA Health System and is also co-chair of the Lung Health Advisory Board at UCLA.
  • FSR's Board of Directors is comprised of leaders from the business, medical and patient communities.The board is responsible for the strategic direction of the foundation.