Governance
The latest Governance coverage from the Boardroom Alpha desk. Back to all research.
Governance
Page 1Mattel seats its largest holder as another reportedly weighs a proxy fight
EdgePoint says Mattel invited it to name a director after the CEO left. The deal came less than two hours after a report that Southeastern may nominate directors to push for a…
AI insiders sold, hedged and pledged stock. What’s the risk to shareholders?
AI insiders have pledged $71 billion of stock as collateral for loans whose size shareholders aren’t told. If the stocks keep falling, margin lenders can sell.
Could Ethan Allen’s board lose seats in its fight with Doug Bergeron?
Holders vote Nov. 4 on all five seats. We think the board is more likely to keep its majority, but Doug Bergeron has a real chance at one or two seats.
C3.ai is down 76%. Will shareholders push back on Siebel and the board?
Tom Siebel controls 48.9% of the vote, enough at normal turnout to carry the ballot. But shareholders can still object on Monday: to executive pay, three directors and an expanded…
Who is steering CoreWeave through the selloff, and their record so far
The CEO told staff the market can act irrationally. We looked at the three former commodity traders who control CoreWeave, their finance team and three directors who check them.
ATG Capital wins one Empery Digital board seat in proxy fight
Holders elected ATG nominee Aaron Morris in place of director Örn Ólason but passed over ATG founder Gabriel Gliksberg, whom ISS, Glass Lewis and Egan-Jones all backed.
Third Point is right to push Strata Critical Medical toward a market test
The former Blade Air Mobility has spent most of its SPAC cash, and its overhead has only just dipped below gross profit. Its co-CEOs double as CFO and general counsel.
Bausch + Lomb’s CEO exits overnight with $75.5 million, no permanent successor
Brent Saunders signed his exit on a Sunday and was gone by Monday. The CEO of Bausch Health, which owns 87%, is now also interim CEO of Bausch + Lomb, and no search has been…
Trade Desk asks to reset its underwater options. Shareholders get no reset.
Monday’s vote would cut the exercise price on up to about 14.7 million options to that day’s close. CEO Jeff Green, whose options gain most, holds about half the votes.
Medtronic shareholders are down 12% in five years. They vote Thursday.
The S&P 500 returned 92% over the same stretch. The CEO is also chairman, and he chairs both committees the board set up after talks with Elliott. Our item-by-item read.
Paychex bought growth. Shareholders are still waiting for returns.
Paychex has returned 4.1% in five years; the S&P 500, 91.9%. On the ballot: a lead director with 26 years on the board, CEO pay up 17% and a 10% special-meeting bar.
Stride settles with activist Fivespan, adding its founder to the board
Fivespan’s founder will co-chair a new committee on capital structure and allocation at a company holding $1 billion of cash and securities, and an online-education veteran joins…
P&G’s growth has slowed. Shareholders vote Tuesday.
The new CEO is also chairman, the stock has returned 14.1% in three years, against 35.6% for consumer staples and 86.7% for the S&P 500, and one ballot item rests on a rule the…
Restaurant Sector Review, October 2026
Boards paid to keep their CEOs. Shareholders judged the terms.
Founder Vishal Garg retakes Better Home & Finance board and removes interim CEO
By our estimate about two-thirds of the consents came from holders other than Garg. His new board now has to deliver on his 90-day plan.
Wingstop Paid Michael Skipworth $35 Million for 2025. Since Then, a 58% Fall and a Second Board Seat.
How Wingstop’s board arrived at $35.3 million for its chief executive, what its performance measures actually track, and why half the shareholders voted no.
BlackRock’s index funds backed Musk’s Tesla award and opposed Alphabet’s executive pay
BlackRock’s annual voting report gives totals and a few dozen examples. Its US funds’ vote filings show which companies, directors and proposals its index funds opposed, and where…
Workday cuts jobs again; its stock tops CEO’s first pay hurdle
The 2.5% cut is the fourth since 2023. By our calculation, the stock has also cleared the first price hurdle on CEO Aneel Bhusri’s performance award, a tranche worth about $26…
Conagra shareholders revolt over pay, again
Say-on-pay barely passed, with 50.8%, the third result under 70% in four years, as the stock lost 43% over five years.
MongoDB’s CEO leaves for Meta after 10 months
The board starts its second CEO search in about a year, with former CEO Dev Ittycheria back as interim chief. The stock fell 18% on the day of the announcement.
Turning Point Brands names its chairman CEO
David Glazek takes over from Graham Purdy on October 1. The company has not said who will chair the board.
Gen Digital shareholders vote down executive pay
Support fell to 40.6% from 93.3% after CEO Vincent Pilette’s reported pay rose to $83.6 million, lifted by a one-time award valued at $50.1 million. It is the company’s first…
CEO Pay: The $25 Million Plus Pay Club (2026)
Boardroom Alpha’s 2026 ranking of every U.S. public-company CEO paid $25M+ in fiscal 2025 — 207 in all, led by Welltower Inc’s $821.1M package, which drew just 19% Say-on-Pay…
2026 Proxy Season Scorecard: Six Say-on-Pay Failures, AI Lands on Mega-Cap Ballots, and the Anti-ESG Pile-Up
Through May 21, 2026, U.S. public-company shareholders rejected six annual-meeting Say-on-Pay packages outright, voted against 18 directors at 14 companies, and crushed dozens of…