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Many companies now elect their boards annually, as opposed to "staggering" director elections every year, making it easier for dissidents to gain control.
"We have elections every year, and the people's voices are heard".
"In my four years here, there has been a scandal with student government elections every year," he said.
Tony Benn and the crazy gang would have forced futile elections every year and months would have been lost to internal faction-fighting.
There are 50,000 public elections every year in the United States.
Nix: Well, we've been doing that since our first election was 1994 for Mandela/ANC and since then we've done multiple elections every year.
Similar(49)
Moreover, he wants to require unions to win an employee election every year to continue representing workers.
And the sentence after that, about how the unions have to win a recertification election every year.
The company also said that it plans to de-stagger its board, meaning that all of its directors would be up for re-election every year.
When only a portion of directors are up for election every year, the argument goes, corporate boards are less accountable to shareholders.
The bank, the largest in Switzerland, ruled that directors must stand for election every year instead of every three years, an acknowledgment of investor anger over its losses.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com