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Exact(27)
In an uncontested election, directors should be elected by a majority of the votes cast "for" and "against/withhold" (abstentions and non-votes should not be counted) for terms consistent with long-term value creation.
He was due to be re-elected in an uncontested election on July 27th.
Ultimately Blatter won an uncontested election when Bin Hammam pulled out following corruption allegations.
Last year, Mr. Fujimoto won his seventh straight four-year term, once again by default in an uncontested election.
ISS has a fairly long list of circumstances that will cause it to recommend voting against a director in an uncontested election.
Brown had taken the precaution of dipping the hands of 313 of 351 Labour MPs in the blood, securing their nominations for his uncontested election.
Similar(33)
In uncontested elections, provide that directors are elected by majority vote rather than a plurality (i.e., require that a nominee receive more votes "for" his or her election than "against" his or her election, rather than allowing someone to be elected so long as he or she receives at least one vote under a plurality system).
The district's commissioners are elected in low-turnout and often uncontested elections in what Thomas R. Suozzi, the Nassau County executive, has called a crazy quilt of election dates.
Anderson rightly points out that a myriad elected offices nationwide are unfilled or filled in uncontested elections.
The California State Teachers Retirement Systemm proposed that director nominees be elected by a majority vote --instead of a plurality -- in uncontested elections.
In our forthcoming Journal of Accounting and Economics paper Investor Perceptions of Board Performance: Evidence from Uncontested Director Elections, we investigate whether uncontested elections serve as meaningful polls reflecting investor perceptions of board performance.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com