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The CtW Investment Group works with pension funds sponsored by unions affiliated with Change to Win. Our affiliates' six million members participate in public and Taft-Hartley pension funds with approximately $1.5 trillion in assets. The CtW Investment Group blog chronicles the latest developments in corporate governance and shareholder activism, with a specific focus on CtW Investment Group initiatives to increase long-term shareholder value through active ownership.
Yesterday, Reuters, Bloomberg, and the DowJones newswires posted briefs on the CtW campaign to withhold votes from Ryland directors. In her Reuters piece, Ilaina Jones mentioned that proxy advisor Proxy Governance has also urged shareholders to withhold from Ryland’s compensation committee directors, noting that “Ryland's CEO's average three-year compensation was 407 percent above the median paid to CEOs at peer companies.”
Posted by on April 11, 2008 10:24 AM
