Glass Lewis stated : “As to the claim that [Cruiser] nominees Basset and Gottschalk effectively do not want to serve, we believe the board’s stance barely rises to the level of distraction. Both Messrs. Basset and Gottschalk have formally agreed to serve as directors, have actively participated in the current campaign and related engagements and have reportedly invested a considerable amount of personal capital in AVD’s shares. We see no credible cause for investors to share the board’s perspective in this respect”

news-yahoo Friday, May 20, 2022 7:17:00 PM EAT

Glass Lewis wrote ( about Carl Icahn ) : "The Dissident (Icahn) has failed to make a sufficiently compelling case to warrant the boardroom changes it is seeking here,"

news-yahoo Thursday, May 19, 2022 5:14:00 PM EAT

Glass Lewis said : “Excessive one-off grants to the CEO and COO amid tepid relative performance worsen long-standing concerns regarding the company’s executive pay program,”

theepochtimes Thursday, May 19, 2022 10:58:00 AM EAT

Glass Lewis wrote : “Excessive one-off grants to the CEO and COO amid tepid relative performance worsen long-standing concerns regarding the company’s executive pay programme,”

irishtimes Wednesday, May 18, 2022 9:06:00 PM EAT

Glass Lewis wrote : “Excessive one-off grants to the CEO and COO amid tepid relative performance worsen longstanding concerns regarding the company’s executive pay programme,”

irishtimes Wednesday, May 18, 2022 10:03:00 AM EAT

Glass Lewis wrote ( about Carl Icahn ) : "The Dissident (Icahn) has failed to make a sufficiently compelling case to warrant the boardroom changes it is seeking here,"

news-yahoo Wednesday, May 18, 2022 1:55:00 AM EAT

Glass Lewis wrote ( about Carl Icahn ) : "The Dissident (Icahn) has failed to make a sufficiently compelling case to warrant the boardroom changes it is seeking here,"

news-yahoo Wednesday, May 18, 2022 1:55:00 AM EAT

Glass Lewis wrote ( about Carl Icahn ) : "We acknowledge (Icahn's) efforts to seek improvements to animal welfare conditions is a worthy and noble endeavor,"

news-yahoo Wednesday, May 18, 2022 1:55:00 AM EAT

Glass Lewis stated : "Just as problematic … is the fact that Mr. Lichtenstein's communique seems to imply pushing the annual meeting out to mid-July should be viewed as something of a nominal inconvenience to the shareholder franchise… "

prnewswire Monday, May 16, 2022 6:29:00 PM EAT

Glass Lewis stated : "Just as problematic … is the fact that Mr. Lichtenstein's communique seems to imply pushing the annual meeting out to mid-July should be viewed as something of a nominal inconvenience to the shareholder franchise… "

benzinga Monday, May 16, 2022 6:16:00 PM EAT

Glass Lewis wrote : "The result has been another ratcheting up of CEO pay,"

reuters-af Friday, May 13, 2022 1:31:00 PM EAT

Glass Lewis said : "From a valuation perspective, considering BHP's motivation as a seller appears to be driven primarily by factors other than price, we believe Woodside stands to benefit from acquiring BHP's high-quality petroleum assets relatively cheaply,"

news-yahoo Monday, May 9, 2022 9:36:00 AM EAT

Glass Lewis said : “Shareholders should be afforded disclosure that allows them to understand and assess a company’s environmental and social risks,” “We have concerns regarding the Company’s Scope 3 emissions disclosure, its use of carbon offsets, its capital allocation disclosure, and its responsiveness to shareholders”

news-yahoo Monday, May 9, 2022 6:00:00 AM EAT

Glass Lewis said ( about Carl Icahn ) : “We believe Icahn has ultimately presented investors with an opportunity to implement relatively low risk change centered around injecting fresh, independent perspectives,”

news-yahoo Saturday, April 30, 2022 3:28:00 AM EAT

Glass Lewis said ( about Carl Icahn ) : “We believe Icahn has ultimately presented investors with an opportunity to implement relatively low risk change centered around injecting fresh, independent perspectives,”

news-yahoo Saturday, April 30, 2022 12:25:00 AM EAT

Glass Lewis said : "We find the impact of litigations should be accounted for in management board's remuneration outcomes,"

news-yahoo Friday, April 29, 2022 8:21:00 PM EAT

Glass Lewis said : “We are concerned by the increase in overall incentive opportunity and the introduction of an RSP (Restricted Share Plan) absent a compelling strategic rationale for this type of award structure,”

guardian Thursday, April 28, 2022 9:08:00 PM EAT

Glass Lewis said : “We are concerned by the increase in overall incentive opportunity and the introduction of an RSP (Restricted Share Plan) absent a compelling strategic rationale for this type of award structure,”

guardian Thursday, April 28, 2022 5:44:00 PM EAT

Glass Lewis commented : “Huntsman's recent financial and stock price performance indicate the Company is on the right track and, ultimately, we fail to see a compelling case that further changes beyond those the board has already made are either warranted at this time or likely to result in incremental improvement”

specchemonline Sunday, April 24, 2022 8:25:00 PM EAT

Glass Lewis said : “In this case, upon further review of the company’s disclosure, we acknowledge and welcome the provision of a definitive timeline for succession over the next three years, and recognise the mitigating factors cited by the company for such an extension, particularly given the recent appointment of the chair to the role,” “Having reviewed the available disclosure, we do not see any cause for concern in terms of the board’s process in proposing the extension of the chair’s term of appointment”

irishtimes Tuesday, April 19, 2022 8:54:00 AM EAT

Glass Lewis said : “could result in excessive total remuneration opportunity, beyond what we consider to be appropriate for a FTSE-listed bank”

guardian Friday, April 15, 2022 9:25:00 PM EAT

Glass Lewis said : “We have reservations regarding the scale of these increases, given the significant (17.5 per cent) increases awarded to the same executives in June 2020,”

irishtimes Tuesday, April 12, 2022 11:02:00 PM EAT

Glass Lewis said : “We believe that effective governance and board-level oversight of climate are arguably the most critical aspects of a company’s management of climate-related issues,” “Given that there is no disclosure to this effect, we do not believe that support for this resolution is warranted”

miningweekly Tuesday, April 12, 2022 6:07:00 PM EAT

Glass Lewis said : “We are critical of the awards given their excessive sizes,”

businessday Friday, April 8, 2022 6:39:00 PM EAT

Glass Lewis said : “We believe that long-term incentives should encourage executives to achieve steady and sustainable growth rather than what may amount to relatively brief spikes in performance,”

businessday Friday, April 8, 2022 6:39:00 PM EAT

Glass Lewis wrote ( about Glass Lewis ) : "Starboard's campaign might have resonated better two years ago, but since the spin-off IPO and divestitures of Huntsman's commodity businesses, our analysis indicates Huntsman's stock price and financial performance have improved markedly... On the governance front, the Company has recently completed a near-complete refresh of the board, with all but one remaining legacy non-executive director transitioning off the board at this annual meeting. Starboard's added pressure may have inspired the board to follow through with the board overhaul this year, but we have a generally favorable view of the six new directors the Company has added since 2019 and we believe the current composition of the board aligns well with Huntsman's business portfolio, strategy and positive trajectory. Commenting on the Glass Lewis recommendation, the Huntsman Board of Directors (the "

prnewswire Monday, March 14, 2022 12:19:00 AM EAT

Glass Lewis said : “We believe investors have been provided clear reason to reject a further examination of the plan, as currently structured, and support a fresh process,”

businessday Friday, March 11, 2022 3:06:00 PM EAT

Glass Lewis said : “We believe investors have been provided clear reason to reject a further examination of the plan, as currently structured, and support a fresh process,”

news-yahoo Friday, March 11, 2022 10:13:00 AM EAT

Glass Lewis said : “We believe investors have been provided clear reason to reject a further examination of the plan, as currently structured, and support a fresh process,”

news-yahoo Friday, March 11, 2022 1:30:00 AM EAT

Glass Lewis Concludes : "the Election of Mr. Diao Should Help to Bring a Much-Needed Fresh Perspective and Independent Voice to the Boardroom"

news-yahoo Saturday, February 5, 2022 12:12:00 AM EAT

Glass Lewis Believes : "the Election of Mr. Diao Should Help to Bring a Much-Needed Fresh Perspective and Independent Voice to the Boardroom"

news-yahoo Saturday, February 5, 2022 12:12:00 AM EAT

Glass Lewis said : "We believe that this plan could potentially lead to extremely high payouts to executives based in large part on general economic factors outside of management’s control, which we believe is not in the best interests of shareholders"

telegraph Friday, January 28, 2022 8:38:00 PM EAT

Glass Lewis states : "we understand that the proposed transaction would create a larger and more diversified mid-tier gold company with a broader portfolio of assets, including producing and exploration stage assets primarily in Nevada and in Nicaragua"

news-yahoo Thursday, December 23, 2021 3:41:00 PM EAT

Glass Lewis concluded : “We find the proposed merger both strategically and financially compelling, structured in a manner which imparts a generally favorable valuation for Alcanna shareholders. The board appears to have adequately considered the Company's strategic alternatives and reasonably determined that Alcanna’s merger proposal offered a greater value relative to Alcanna's standalone prospects…In view of these factors, we believe there is adequate strategic and financial cause for investor support at this time”

news-yahoo Friday, December 10, 2021 4:46:00 AM EAT

Glass Lewis said : "an acceleration in distributions by way of share buybacks, as there will be a larger single pool of ordinary shares that can be bought back,"

news-yahoo Tuesday, November 23, 2021 2:22:00 PM EAT

Glass Lewis ( about Glass Lewis ) : "Glass Lewis favors the repeal of staggered boards and the annual election of directors. We believe staggered boards are less accountable to shareholders than boards that are elected annually. Furthermore, we feel the annual election of directors encourages board members to focus on shareholder interests"

prnewswire Wednesday, November 17, 2021 2:22:00 AM EAT

Glass Lewis said : “This enhanced operational efficiency is expected to be utilized to advance a combined pipeline of development opportunities within the existing properties of [Agnico Eagle] and [Kirkland Lake Gold], prospectively unlocking additional value over the long term. In short, we believe this framework is very compelling and fairly straightforward,”

mining Monday, November 15, 2021 7:29:00 PM EAT

Glass Lewis noted : "Taken collectively, then, we believe there is adequate cause for investors to conclude the proposed arrangement is a strategically compelling merger of equals resulting from a lengthy and considered review yielding scrip-for-scrip terms reasonably reflective of the relative performance, resources and market value of the two firms involved"

benzinga Monday, November 15, 2021 2:49:00 PM EAT

Glass Lewis noted : “Taken collectively, then, we believe there is adequate cause for investors to conclude the proposed arrangement is a strategically compelling merger of equals resulting from a lengthy and considered review yielding scrip-for-scrip terms reasonably reflective of the relative performance, resources and market value of the two firms involved”

AsiaOne Monday, November 15, 2021 2:26:00 PM EAT

Glass Lewis wrote : "We question the need for the Company to engage in legal services with its directors. We view such relationships as creating conflicts for directors,"

reuters-af Wednesday, June 9, 2021 7:26:00 PM EAT

Glass Lewis wrote : “We question the need for the Company to engage in legal services with its directors. We view such relationships as creating conflicts for directors,”

TheFrontierPost-en Tuesday, June 8, 2021 2:33:00 PM EAT

Glass Lewis wrote : "We question the need for the Company to engage in legal services with its directors. We view such relationships as creating conflicts for directors,"

channelnewsasia Tuesday, June 8, 2021 6:54:00 AM EAT

Glass Lewis said : "Nonetheless, it is unclear what the ultimate impact of these initiatives will be in mitigating the risk of similar issues in the future,"

4-traders Friday, May 28, 2021 1:52:00 PM EAT

Glass Lewis wrote : "We believe Engine No. 1 has presented a compelling case that, without a more concerted response and well-developed strategy ... related to the global energy transition, Exxon's returns, cash flow and dividend, and thus its shareholder value, are increasingly at threat,"

fox10tv Wednesday, May 26, 2021 11:23:00 PM EAT

Glass Lewis wrote : "We're left with the feeling Exxon isn't doing enough in terms of preparing or investing for the future,"

fox10tv Wednesday, May 26, 2021 11:23:00 PM EAT

Glass Lewis said : "We tend to agree with Coast when it says any sale or carve out of these U.S. businesses would be better done after a return to normalcy in the U.S.,"

4-traders Monday, May 24, 2021 7:55:00 PM EAT

Glass Lewis said ( about Exxon Mobil Corp ) : “While Exxon claims to have evolved its strategy and maintained its historical leadership position among oil majors, our review finds the company’s competitive position and financial returns have eroded, and its stated strategy to address the underlying reasons for this diminished performance is generally insufficient,”

houstonchronicle Tuesday, May 18, 2021 7:38:00 PM EAT

Glass Lewis said ( about Exxon Mobil Corp ) : “While the Exxon board has recently refreshed itself with needed oil and gas, capital allocation, investor perspective and climate-related business transformation experience, we believe the board remains lacking in critical areas, such as energy and cyclical business experience, scientific and technological research expertise and regulatory experience,”

houstonchronicle Tuesday, May 18, 2021 7:38:00 PM EAT

Glass Lewis said : "Electing even a portion of Engine 1's slate would send a clear message of shareholder dissatisfaction with Exxon's recent direction and strategy,"

ara-reuters Tuesday, May 18, 2021 6:53:00 PM EAT

Glass Lewis noted : “We note this high-water mark also materially exceeds Shaw’s stand-alone average trailing EBITDA multiple during each of the one-year periods ended March 12, 2019, 2020 and 2021 (i.e. 9.6x, 8.9x and 8.0x, respectively), suggesting investors have little historical cause to anticipate the Company would independently achieve a similar valuation on a durable basis in the near- to medium-term. That conclusion is bolstered by reference to the following: (i) the unaffected closing price of Shaw’s more widely floated Class B shares never topped C$31.67 per share across the Company’s nearly 40-year trading period prior to the announcement; and (ii) based on industry analyst reports available at the time of announcement, Shaw’s Class B shares had a consensus median price target of just C$27.00, moderately above the Company’s pre-announcement price (i.e. $23.90 per share) and well below the C$40.50 per share offer. In short, whether viewed in context with other industry deals or Shaw’s anticipated stand-alone trajectory, the all-cash arrangement available to unaffiliated investors appears to reflect a rather compelling exit value”

4-traders Wednesday, May 12, 2021 8:53:00 PM EAT

Glass Lewis said : “The policy would disenfranchise investors, giving them less time to consider their votes on important governance matters and threatening the integrity of the research they pay for,”

theherald-au Saturday, May 8, 2021 10:54:00 AM EAT

Glass Lewis said : “The policy would disenfranchise investors, giving them less time to consider their votes on important governance matters and threatening the integrity of the research they pay for,”

smh Friday, May 7, 2021 6:15:00 PM EAT

Glass Lewis said : “The policy would disenfranchise investors, giving them less time to consider their votes on important governance matters and threatening the integrity of the research they pay for,”

brisbanetimes Friday, May 7, 2021 5:39:00 PM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

news-yahoo Sunday, May 2, 2021 1:33:00 AM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

news-yahoo Friday, April 30, 2021 5:22:00 PM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

news-yahoo Friday, April 30, 2021 2:12:00 PM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

business-standard Friday, April 30, 2021 1:43:00 PM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

news-yahoo Friday, April 30, 2021 11:20:00 AM EAT

Glass Lewis said : "We believe that the company lays out a robust plan to achieve its net zero ambition and that its disclosure concerning this plan is comprehensible and thorough,"

reuters-af Friday, April 30, 2021 6:40:00 AM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

news-yahoo Tuesday, April 27, 2021 10:34:00 AM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

news-yahoo Monday, April 26, 2021 5:12:00 PM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

news-yahoo Monday, April 19, 2021 4:32:00 PM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

guardian Monday, April 19, 2021 6:04:00 AM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

news-yahoo Sunday, April 18, 2021 5:12:00 PM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

news-yahoo Sunday, April 18, 2021 2:32:00 PM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

news-yahoo Sunday, April 18, 2021 10:48:00 AM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

guardian Sunday, April 18, 2021 9:46:00 AM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

news-yahoo Sunday, April 18, 2021 9:45:00 AM EAT

Glass Lewis said : “We consider a base salary of US$1.8 million in conjunction with a short-term incentive opportunity of 250% of salary and an RSP opportunity of 225% of salary, to be excessive,”

northernminer Thursday, April 15, 2021 8:51:00 PM EAT

Glass Lewis said : “We consider a base salary of $1.8 million in conjunction with a short-term incentive opportunity of 250% of salary and an RSP opportunity of 225% of salary, to be excessive,”

mining Thursday, April 15, 2021 8:19:00 PM EAT

Glass Lewis said : “We consider a base salary of $1.8 million in conjunction with a short-term incentive opportunity of 250% of salary and an RSP opportunity of 225% of salary, to be excessive,”

mining Thursday, April 15, 2021 6:43:00 PM EAT

Glass Lewis said : “sustained disconnect between executive pay and performance,”

theglobeandmail Wednesday, April 14, 2021 10:39:00 PM EAT

Glass Lewis said : “sustained disconnect between executive pay and performance,”

theglobeandmail Wednesday, April 14, 2021 9:58:00 PM EAT

Glass Lewis said : “In our view, there is no reason as to why the company could not reduce the bonus to nil, a common practice amongst the company’s FTSE-listed peers,”

guardian Wednesday, April 14, 2021 4:11:00 PM EAT

Glass Lewis said : “To regain shareholder trust in light of the substantial financial and reputational damage that the company is facing as a result of the aforementioned matters, shareholders would be better served by a change in leadership of the risk committee,”

reuters-af Tuesday, April 13, 2021 3:30:00 PM EAT

Glass Lewis added : “While we note that the supply chain finance funds and US-based hedge fund matters...have only emerged in recent weeks and that investigations are likely still in preliminary stages, we believe that these issues cast significant doubt on the efficacy of the board’s oversight of the Company’s risk and control framework,”

reuters-af Tuesday, April 13, 2021 3:30:00 PM EAT

Glass Lewis said : “In our view, in order to regain shareholder trust in light of the substantial financial and reputational damage that the company is facing as a result of the aforementioned matters, shareholders would be better served by a change in leadership of the risk committee,”

reuters-af Tuesday, April 13, 2021 2:59:00 PM EAT

Glass Lewis stated : "We also believe that a portion of the current directors' institutional knowledge and relationships, particularly with the Company's financial institutions and local partners, remains vital to the future operation and success of the Company,"

prnewswire Monday, April 12, 2021 5:46:00 PM EAT

Glass Lewis wrote : "We believe they are in part responsible for the board's failings in regard to its risk assessment and management,"

4-traders Monday, April 12, 2021 2:20:00 PM EAT

Glass Lewis said : “Particularly in the #MeToo era, issues of misconduct, especially those that are not handled expediently and with respect to employees, can result in this potential reputational harm,” “This requested disclosure will bring an additional benefit of providing reassurance to current and potential employees who may have concerns regarding how the company’s policies may affect any claims of harassment that they may have”

bloomberg Wednesday, April 7, 2021 10:35:00 PM EAT

Glass Lewis notes ( about Glass Lewis ) : "the stated dividend payout ratio of 26.7% is calculated solely based of profits disclosed in the company's separate financial statements, excluding the profits earned by Kumho P&B Chemicals and other subsidiaries that are part of the Kumho Petrochemical group. When calculating the payout ratio on a consolidated basis, the board's dividend proposal actually equates to a payout ratio of 19.9%. - By comparison, as noted by CW Park, the company's industry peers will pay dividends for 2020 at an average payout ratio of 72.7%. On a consolidated basis, CW Park's proposal represents a payout ratio of 52.6%. Separating the role of CEO and Chairman. - Glass Lewis is calling for separating the roles of CEO and the chair of the board, which it describes as "

4-traders Wednesday, March 17, 2021 6:24:00 PM EAT

Glass Lewis souligne ( about Hiroto Saikawa ) : "nous sommes troublés par le fait que M. Saikawa va continuer à siéger au conseil d'administration et rester à la direction de la compagnie"

latribune Wednesday, June 12, 2019 12:26:00 PM EAT

Glass Lewis écrit : "Nous sommes troublés par l'exercice immédiat par le conseil d'un pouvoir discrétionnaire croissant en augmentant les possibilités d'intéressement à court terme du directeur général pour le dernier exercice, ce qui apparaît comme une anticipation inutile d'une récompense pour des résultats futurs potentiels"

usinenouvelle Tuesday, April 16, 2019 8:10:00 PM EAT

Glass Lewis écrit ( about Denis Kessler ) : "Nous pensons fermement que la séparation des fonctions de président et de directeur général est la meilleure structure de gouvernance pour réduire les conflits d'intérêts" "Si cette proposition est approuvée par les actionnaires, rien ne s'oppose à ce que le conseil d'administration maintienne Monsieur Kessler comme directeur général"

challenges Tuesday, April 16, 2019 7:55:00 PM EAT

Glass Lewis stated : “As to the claim that [Cruiser] nominees Basset and Gottschalk effectively do not want to serve, we believe the board’s stance barely rises to the level of distraction. Both Messrs. Basset and Gottschalk have formally agreed to serve as directors, have actively participated in the current campaign and related engagements and have reportedly invested a considerable amount of personal capital in AVD’s shares. We see no credible cause for investors to share the board’s perspective in this respect”

news-yahoo Friday, May 20, 2022 7:17:00 PM EAT

Glass Lewis wrote ( about Carl Icahn ) : "The Dissident (Icahn) has failed to make a sufficiently compelling case to warrant the boardroom changes it is seeking here,"

news-yahoo Thursday, May 19, 2022 5:14:00 PM EAT

Glass Lewis said : “Excessive one-off grants to the CEO and COO amid tepid relative performance worsen long-standing concerns regarding the company’s executive pay program,”

theepochtimes Thursday, May 19, 2022 10:58:00 AM EAT

Glass Lewis wrote : “Excessive one-off grants to the CEO and COO amid tepid relative performance worsen long-standing concerns regarding the company’s executive pay programme,”

irishtimes Wednesday, May 18, 2022 9:06:00 PM EAT

Glass Lewis wrote : “Excessive one-off grants to the CEO and COO amid tepid relative performance worsen longstanding concerns regarding the company’s executive pay programme,”

irishtimes Wednesday, May 18, 2022 10:03:00 AM EAT

Glass Lewis wrote ( about Carl Icahn ) : "The Dissident (Icahn) has failed to make a sufficiently compelling case to warrant the boardroom changes it is seeking here,"

news-yahoo Wednesday, May 18, 2022 1:55:00 AM EAT

Glass Lewis wrote ( about Carl Icahn ) : "The Dissident (Icahn) has failed to make a sufficiently compelling case to warrant the boardroom changes it is seeking here,"

news-yahoo Wednesday, May 18, 2022 1:55:00 AM EAT

Glass Lewis wrote ( about Carl Icahn ) : "We acknowledge (Icahn's) efforts to seek improvements to animal welfare conditions is a worthy and noble endeavor,"

news-yahoo Wednesday, May 18, 2022 1:55:00 AM EAT

Glass Lewis stated : "Just as problematic … is the fact that Mr. Lichtenstein's communique seems to imply pushing the annual meeting out to mid-July should be viewed as something of a nominal inconvenience to the shareholder franchise… "

prnewswire Monday, May 16, 2022 6:29:00 PM EAT

Glass Lewis stated : "Just as problematic … is the fact that Mr. Lichtenstein's communique seems to imply pushing the annual meeting out to mid-July should be viewed as something of a nominal inconvenience to the shareholder franchise… "

benzinga Monday, May 16, 2022 6:16:00 PM EAT

Glass Lewis wrote : "The result has been another ratcheting up of CEO pay,"

reuters-af Friday, May 13, 2022 1:31:00 PM EAT

Glass Lewis said : "From a valuation perspective, considering BHP's motivation as a seller appears to be driven primarily by factors other than price, we believe Woodside stands to benefit from acquiring BHP's high-quality petroleum assets relatively cheaply,"

news-yahoo Monday, May 9, 2022 9:36:00 AM EAT

Glass Lewis said : “Shareholders should be afforded disclosure that allows them to understand and assess a company’s environmental and social risks,” “We have concerns regarding the Company’s Scope 3 emissions disclosure, its use of carbon offsets, its capital allocation disclosure, and its responsiveness to shareholders”

news-yahoo Monday, May 9, 2022 6:00:00 AM EAT

Glass Lewis said ( about Carl Icahn ) : “We believe Icahn has ultimately presented investors with an opportunity to implement relatively low risk change centered around injecting fresh, independent perspectives,”

news-yahoo Saturday, April 30, 2022 3:28:00 AM EAT

Glass Lewis said ( about Carl Icahn ) : “We believe Icahn has ultimately presented investors with an opportunity to implement relatively low risk change centered around injecting fresh, independent perspectives,”

news-yahoo Saturday, April 30, 2022 12:25:00 AM EAT

Glass Lewis said : "We find the impact of litigations should be accounted for in management board's remuneration outcomes,"

news-yahoo Friday, April 29, 2022 8:21:00 PM EAT

Glass Lewis said : “We are concerned by the increase in overall incentive opportunity and the introduction of an RSP (Restricted Share Plan) absent a compelling strategic rationale for this type of award structure,”

guardian Thursday, April 28, 2022 9:08:00 PM EAT

Glass Lewis said : “We are concerned by the increase in overall incentive opportunity and the introduction of an RSP (Restricted Share Plan) absent a compelling strategic rationale for this type of award structure,”

guardian Thursday, April 28, 2022 5:44:00 PM EAT

Glass Lewis commented : “Huntsman's recent financial and stock price performance indicate the Company is on the right track and, ultimately, we fail to see a compelling case that further changes beyond those the board has already made are either warranted at this time or likely to result in incremental improvement”

specchemonline Sunday, April 24, 2022 8:25:00 PM EAT

Glass Lewis said : “In this case, upon further review of the company’s disclosure, we acknowledge and welcome the provision of a definitive timeline for succession over the next three years, and recognise the mitigating factors cited by the company for such an extension, particularly given the recent appointment of the chair to the role,” “Having reviewed the available disclosure, we do not see any cause for concern in terms of the board’s process in proposing the extension of the chair’s term of appointment”

irishtimes Tuesday, April 19, 2022 8:54:00 AM EAT

Glass Lewis said : “could result in excessive total remuneration opportunity, beyond what we consider to be appropriate for a FTSE-listed bank”

guardian Friday, April 15, 2022 9:25:00 PM EAT

Glass Lewis said : “We have reservations regarding the scale of these increases, given the significant (17.5 per cent) increases awarded to the same executives in June 2020,”

irishtimes Tuesday, April 12, 2022 11:02:00 PM EAT

Glass Lewis said : “We believe that effective governance and board-level oversight of climate are arguably the most critical aspects of a company’s management of climate-related issues,” “Given that there is no disclosure to this effect, we do not believe that support for this resolution is warranted”

miningweekly Tuesday, April 12, 2022 6:07:00 PM EAT

Glass Lewis said : “We are critical of the awards given their excessive sizes,”

businessday Friday, April 8, 2022 6:39:00 PM EAT

Glass Lewis said : “We believe that long-term incentives should encourage executives to achieve steady and sustainable growth rather than what may amount to relatively brief spikes in performance,”

businessday Friday, April 8, 2022 6:39:00 PM EAT

Glass Lewis wrote ( about Glass Lewis ) : "Starboard's campaign might have resonated better two years ago, but since the spin-off IPO and divestitures of Huntsman's commodity businesses, our analysis indicates Huntsman's stock price and financial performance have improved markedly... On the governance front, the Company has recently completed a near-complete refresh of the board, with all but one remaining legacy non-executive director transitioning off the board at this annual meeting. Starboard's added pressure may have inspired the board to follow through with the board overhaul this year, but we have a generally favorable view of the six new directors the Company has added since 2019 and we believe the current composition of the board aligns well with Huntsman's business portfolio, strategy and positive trajectory. Commenting on the Glass Lewis recommendation, the Huntsman Board of Directors (the "

prnewswire Monday, March 14, 2022 12:19:00 AM EAT

Glass Lewis said : “We believe investors have been provided clear reason to reject a further examination of the plan, as currently structured, and support a fresh process,”

businessday Friday, March 11, 2022 3:06:00 PM EAT

Glass Lewis said : “We believe investors have been provided clear reason to reject a further examination of the plan, as currently structured, and support a fresh process,”

news-yahoo Friday, March 11, 2022 10:13:00 AM EAT

Glass Lewis said : “We believe investors have been provided clear reason to reject a further examination of the plan, as currently structured, and support a fresh process,”

news-yahoo Friday, March 11, 2022 1:30:00 AM EAT

Glass Lewis Concludes : "the Election of Mr. Diao Should Help to Bring a Much-Needed Fresh Perspective and Independent Voice to the Boardroom"

news-yahoo Saturday, February 5, 2022 12:12:00 AM EAT

Glass Lewis Believes : "the Election of Mr. Diao Should Help to Bring a Much-Needed Fresh Perspective and Independent Voice to the Boardroom"

news-yahoo Saturday, February 5, 2022 12:12:00 AM EAT

Glass Lewis said : "We believe that this plan could potentially lead to extremely high payouts to executives based in large part on general economic factors outside of management’s control, which we believe is not in the best interests of shareholders"

telegraph Friday, January 28, 2022 8:38:00 PM EAT

Glass Lewis states : "we understand that the proposed transaction would create a larger and more diversified mid-tier gold company with a broader portfolio of assets, including producing and exploration stage assets primarily in Nevada and in Nicaragua"

news-yahoo Thursday, December 23, 2021 3:41:00 PM EAT

Glass Lewis concluded : “We find the proposed merger both strategically and financially compelling, structured in a manner which imparts a generally favorable valuation for Alcanna shareholders. The board appears to have adequately considered the Company's strategic alternatives and reasonably determined that Alcanna’s merger proposal offered a greater value relative to Alcanna's standalone prospects…In view of these factors, we believe there is adequate strategic and financial cause for investor support at this time”

news-yahoo Friday, December 10, 2021 4:46:00 AM EAT

Glass Lewis said : "an acceleration in distributions by way of share buybacks, as there will be a larger single pool of ordinary shares that can be bought back,"

news-yahoo Tuesday, November 23, 2021 2:22:00 PM EAT

Glass Lewis ( about Glass Lewis ) : "Glass Lewis favors the repeal of staggered boards and the annual election of directors. We believe staggered boards are less accountable to shareholders than boards that are elected annually. Furthermore, we feel the annual election of directors encourages board members to focus on shareholder interests"

prnewswire Wednesday, November 17, 2021 2:22:00 AM EAT

Glass Lewis said : “This enhanced operational efficiency is expected to be utilized to advance a combined pipeline of development opportunities within the existing properties of [Agnico Eagle] and [Kirkland Lake Gold], prospectively unlocking additional value over the long term. In short, we believe this framework is very compelling and fairly straightforward,”

mining Monday, November 15, 2021 7:29:00 PM EAT

Glass Lewis noted : "Taken collectively, then, we believe there is adequate cause for investors to conclude the proposed arrangement is a strategically compelling merger of equals resulting from a lengthy and considered review yielding scrip-for-scrip terms reasonably reflective of the relative performance, resources and market value of the two firms involved"

benzinga Monday, November 15, 2021 2:49:00 PM EAT

Glass Lewis noted : “Taken collectively, then, we believe there is adequate cause for investors to conclude the proposed arrangement is a strategically compelling merger of equals resulting from a lengthy and considered review yielding scrip-for-scrip terms reasonably reflective of the relative performance, resources and market value of the two firms involved”

AsiaOne Monday, November 15, 2021 2:26:00 PM EAT

Glass Lewis wrote : "We question the need for the Company to engage in legal services with its directors. We view such relationships as creating conflicts for directors,"

reuters-af Wednesday, June 9, 2021 7:26:00 PM EAT

Glass Lewis wrote : “We question the need for the Company to engage in legal services with its directors. We view such relationships as creating conflicts for directors,”

TheFrontierPost-en Tuesday, June 8, 2021 2:33:00 PM EAT

Glass Lewis wrote : "We question the need for the Company to engage in legal services with its directors. We view such relationships as creating conflicts for directors,"

channelnewsasia Tuesday, June 8, 2021 6:54:00 AM EAT

Glass Lewis said : "Nonetheless, it is unclear what the ultimate impact of these initiatives will be in mitigating the risk of similar issues in the future,"

4-traders Friday, May 28, 2021 1:52:00 PM EAT

Glass Lewis wrote : "We believe Engine No. 1 has presented a compelling case that, without a more concerted response and well-developed strategy ... related to the global energy transition, Exxon's returns, cash flow and dividend, and thus its shareholder value, are increasingly at threat,"

fox10tv Wednesday, May 26, 2021 11:23:00 PM EAT

Glass Lewis wrote : "We're left with the feeling Exxon isn't doing enough in terms of preparing or investing for the future,"

fox10tv Wednesday, May 26, 2021 11:23:00 PM EAT

Glass Lewis said : "We tend to agree with Coast when it says any sale or carve out of these U.S. businesses would be better done after a return to normalcy in the U.S.,"

4-traders Monday, May 24, 2021 7:55:00 PM EAT

Glass Lewis said ( about Exxon Mobil Corp ) : “While Exxon claims to have evolved its strategy and maintained its historical leadership position among oil majors, our review finds the company’s competitive position and financial returns have eroded, and its stated strategy to address the underlying reasons for this diminished performance is generally insufficient,”

houstonchronicle Tuesday, May 18, 2021 7:38:00 PM EAT

Glass Lewis said ( about Exxon Mobil Corp ) : “While the Exxon board has recently refreshed itself with needed oil and gas, capital allocation, investor perspective and climate-related business transformation experience, we believe the board remains lacking in critical areas, such as energy and cyclical business experience, scientific and technological research expertise and regulatory experience,”

houstonchronicle Tuesday, May 18, 2021 7:38:00 PM EAT

Glass Lewis said : "Electing even a portion of Engine 1's slate would send a clear message of shareholder dissatisfaction with Exxon's recent direction and strategy,"

ara-reuters Tuesday, May 18, 2021 6:53:00 PM EAT

Glass Lewis noted : “We note this high-water mark also materially exceeds Shaw’s stand-alone average trailing EBITDA multiple during each of the one-year periods ended March 12, 2019, 2020 and 2021 (i.e. 9.6x, 8.9x and 8.0x, respectively), suggesting investors have little historical cause to anticipate the Company would independently achieve a similar valuation on a durable basis in the near- to medium-term. That conclusion is bolstered by reference to the following: (i) the unaffected closing price of Shaw’s more widely floated Class B shares never topped C$31.67 per share across the Company’s nearly 40-year trading period prior to the announcement; and (ii) based on industry analyst reports available at the time of announcement, Shaw’s Class B shares had a consensus median price target of just C$27.00, moderately above the Company’s pre-announcement price (i.e. $23.90 per share) and well below the C$40.50 per share offer. In short, whether viewed in context with other industry deals or Shaw’s anticipated stand-alone trajectory, the all-cash arrangement available to unaffiliated investors appears to reflect a rather compelling exit value”

4-traders Wednesday, May 12, 2021 8:53:00 PM EAT

Glass Lewis said : “The policy would disenfranchise investors, giving them less time to consider their votes on important governance matters and threatening the integrity of the research they pay for,”

theherald-au Saturday, May 8, 2021 10:54:00 AM EAT

Glass Lewis said : “The policy would disenfranchise investors, giving them less time to consider their votes on important governance matters and threatening the integrity of the research they pay for,”

smh Friday, May 7, 2021 6:15:00 PM EAT

Glass Lewis said : “The policy would disenfranchise investors, giving them less time to consider their votes on important governance matters and threatening the integrity of the research they pay for,”

brisbanetimes Friday, May 7, 2021 5:39:00 PM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

news-yahoo Sunday, May 2, 2021 1:33:00 AM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

news-yahoo Friday, April 30, 2021 5:22:00 PM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

news-yahoo Friday, April 30, 2021 2:12:00 PM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

business-standard Friday, April 30, 2021 1:43:00 PM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

news-yahoo Friday, April 30, 2021 11:20:00 AM EAT

Glass Lewis said : "We believe that the company lays out a robust plan to achieve its net zero ambition and that its disclosure concerning this plan is comprehensible and thorough,"

reuters-af Friday, April 30, 2021 6:40:00 AM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

news-yahoo Tuesday, April 27, 2021 10:34:00 AM EAT

Glass Lewis wrote : “Shareholders would be warranted to also attribute accountability to the board’s risk committee,”

news-yahoo Monday, April 26, 2021 5:12:00 PM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

news-yahoo Monday, April 19, 2021 4:32:00 PM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

guardian Monday, April 19, 2021 6:04:00 AM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

news-yahoo Sunday, April 18, 2021 5:12:00 PM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

news-yahoo Sunday, April 18, 2021 2:32:00 PM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

news-yahoo Sunday, April 18, 2021 10:48:00 AM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

guardian Sunday, April 18, 2021 9:46:00 AM EAT

Glass Lewis wrote : “We believe they are in part responsible for the board’s failings in regard to its risk assessment and management,”

news-yahoo Sunday, April 18, 2021 9:45:00 AM EAT

Glass Lewis said : “We consider a base salary of US$1.8 million in conjunction with a short-term incentive opportunity of 250% of salary and an RSP opportunity of 225% of salary, to be excessive,”

northernminer Thursday, April 15, 2021 8:51:00 PM EAT

Glass Lewis said : “We consider a base salary of $1.8 million in conjunction with a short-term incentive opportunity of 250% of salary and an RSP opportunity of 225% of salary, to be excessive,”

mining Thursday, April 15, 2021 8:19:00 PM EAT

Glass Lewis said : “We consider a base salary of $1.8 million in conjunction with a short-term incentive opportunity of 250% of salary and an RSP opportunity of 225% of salary, to be excessive,”

mining Thursday, April 15, 2021 6:43:00 PM EAT

Glass Lewis said : “sustained disconnect between executive pay and performance,”

theglobeandmail Wednesday, April 14, 2021 10:39:00 PM EAT

Glass Lewis said : “sustained disconnect between executive pay and performance,”

theglobeandmail Wednesday, April 14, 2021 9:58:00 PM EAT

Glass Lewis said : “In our view, there is no reason as to why the company could not reduce the bonus to nil, a common practice amongst the company’s FTSE-listed peers,”

guardian Wednesday, April 14, 2021 4:11:00 PM EAT

Glass Lewis said : “To regain shareholder trust in light of the substantial financial and reputational damage that the company is facing as a result of the aforementioned matters, shareholders would be better served by a change in leadership of the risk committee,”

reuters-af Tuesday, April 13, 2021 3:30:00 PM EAT

Glass Lewis added : “While we note that the supply chain finance funds and US-based hedge fund matters...have only emerged in recent weeks and that investigations are likely still in preliminary stages, we believe that these issues cast significant doubt on the efficacy of the board’s oversight of the Company’s risk and control framework,”

reuters-af Tuesday, April 13, 2021 3:30:00 PM EAT

Glass Lewis said : “In our view, in order to regain shareholder trust in light of the substantial financial and reputational damage that the company is facing as a result of the aforementioned matters, shareholders would be better served by a change in leadership of the risk committee,”

reuters-af Tuesday, April 13, 2021 2:59:00 PM EAT

Glass Lewis stated : "We also believe that a portion of the current directors' institutional knowledge and relationships, particularly with the Company's financial institutions and local partners, remains vital to the future operation and success of the Company,"

prnewswire Monday, April 12, 2021 5:46:00 PM EAT

Glass Lewis wrote : "We believe they are in part responsible for the board's failings in regard to its risk assessment and management,"

4-traders Monday, April 12, 2021 2:20:00 PM EAT

Glass Lewis said : “Particularly in the #MeToo era, issues of misconduct, especially those that are not handled expediently and with respect to employees, can result in this potential reputational harm,” “This requested disclosure will bring an additional benefit of providing reassurance to current and potential employees who may have concerns regarding how the company’s policies may affect any claims of harassment that they may have”

bloomberg Wednesday, April 7, 2021 10:35:00 PM EAT

Glass Lewis notes ( about Glass Lewis ) : "the stated dividend payout ratio of 26.7% is calculated solely based of profits disclosed in the company's separate financial statements, excluding the profits earned by Kumho P&B Chemicals and other subsidiaries that are part of the Kumho Petrochemical group. When calculating the payout ratio on a consolidated basis, the board's dividend proposal actually equates to a payout ratio of 19.9%. - By comparison, as noted by CW Park, the company's industry peers will pay dividends for 2020 at an average payout ratio of 72.7%. On a consolidated basis, CW Park's proposal represents a payout ratio of 52.6%. Separating the role of CEO and Chairman. - Glass Lewis is calling for separating the roles of CEO and the chair of the board, which it describes as "

4-traders Wednesday, March 17, 2021 6:24:00 PM EAT

Glass Lewis souligne ( about Hiroto Saikawa ) : "nous sommes troublés par le fait que M. Saikawa va continuer à siéger au conseil d'administration et rester à la direction de la compagnie"

latribune Wednesday, June 12, 2019 12:26:00 PM EAT

Glass Lewis écrit : "Nous sommes troublés par l'exercice immédiat par le conseil d'un pouvoir discrétionnaire croissant en augmentant les possibilités d'intéressement à court terme du directeur général pour le dernier exercice, ce qui apparaît comme une anticipation inutile d'une récompense pour des résultats futurs potentiels"

usinenouvelle Tuesday, April 16, 2019 8:10:00 PM EAT

Glass Lewis écrit ( about Denis Kessler ) : "Nous pensons fermement que la séparation des fonctions de président et de directeur général est la meilleure structure de gouvernance pour réduire les conflits d'intérêts" "Si cette proposition est approuvée par les actionnaires, rien ne s'oppose à ce que le conseil d'administration maintienne Monsieur Kessler comme directeur général"

challenges Tuesday, April 16, 2019 7:55:00 PM EAT