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Some 45% of investors' votes were against approving directors' pay at the airline's annual meeting.
To depend entirely on the highs offered by approving directors or audiences is too risky, because the lows of rejection can easily drown them out.
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Mr. Donaldson said he was sympathetic to arguments put forward by the Business Roundtable that the original proposal could have permitted investors to approve directors who represented narrow special interests.
Your job is to remind those who hark back to the "good old days" just how bad those times were if you weren't in the charmed circle of "approved" directors or favoured companies.
Soon, besides receiving much greater incomes, MCA stars were able to choose their films, order script changes, approve directors and other cast members and sometimes demand a percentage of box-office revenue.
Bud said that the President had approved Director of Central Intelligence Casey's recommendation to kidnap Mughniyah off the streets of Paris.
Scott Pruitt, then the newly approved director of the federal EPA, overturned the ban in March 2017, in what was widely seen as a bellwether move for an administration that had promised less regulation to its agribusiness supporters.
Instead of merely approving new directors, it will now decide whether they deserve reappointment every couple of years.
It also heralds the departure of three Third Point-approved directors, robbing Yahoo of some much-needed advisers.
In addition, a public interest corporation would be created to monitor and approve the directors of the other corporation.
For a short time she worked as a repetiteur, one of the George Balanchine Trust's approved rehearsal directors who stage that choreographer's ballets around the world.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com