After years of battling futilely to rein in corporate boards, 'gadflies' are winning votes.
Edison International last spring allowed its shareholders for the first time to vote on the compensation of the utility giant's executives. It was a sweet victory for investor activist John Chevedden.
Working out of his Redondo Beach condo, the retired engineer had put forward a resolution calling for such "say on pay" votes at Southern California Edison's parent company.
See full Article.
Posts
