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In a vote shareholders backed the board, which argues that disclosing the plan now would only help competitors.
TRIBUNE VOTE Shareholders of the Tribune Company will vote on a $8.2 billion plan to take the company private (Tuesday).
Given a vote, shareholders will not always use it against management: witness Carl Icahn's failure to get on to Motorola's board last month.Will shareholders micromanage corporate strategy?
By requiring that fund managers disclose how they vote shareholders' proxy votes, the S.E.C. hopes to ensure that advisers vote in the best interests of clients.
Among items up for vote, shareholders approved Mr. Camilleri's eligibility for $9.4 million in incentive pay for 2008, making his total compensation $32 million, up from the $24 million in compensation Mr. Camilleri made the previous year, as chairman of Philip Morris's parent, Altria.
Merger vote: Shareholders in Tesla Motors and SolarCity will vote Thursday on whether to merge the two companies.
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Mason is claiming that voting shareholders would lose out.
In the end, Henderson went against the resolution, along with most voting shareholders.
In companies with tenure voting, shareholders accumulate more votes the longer they hold shares.
At the oil giant's AGM on May 19th, 59% of voting shareholders sided against pay packages for top executives.
At BP's AGM in 2009, 38% of voting shareholders disapproved of its lavish remuneration packages for top executives.
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