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Expert Analysis

How Companies Can Prepare For Shareholder Empowerment

By Robert Lamm, Gunster Yoakley & Stewart PA ( April 18, 2017, 4:30 PM EDT) -- Majority voting for directors; separating the CEO and board chair positions; eliminating supermajority vote requirements; giving shareholders the right to call special meetings; the list of these and other governance reforms sought by institutional investors goes on and on. And if you look at the large cap world, these reforms seem to have been adopted by many, and in some cases nearly all, companies. For example, the Council of Institutional Investors reports that 90 percent of S&P 500 companies have majority voting in uncontested director elections....

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