Andrew R. Droste
@droste.bsky.social
#CorpGov including intersection w/ climate, social policy | rules/regs, shareholder proposals, activism/proxy contests | #ESG data | personal acct per DoDI 5400.17 (posts are my own)
https://corpgov.substack.com
https://www.linkedin.com/in/andrewdroste
https://corpgov.substack.com
https://www.linkedin.com/in/andrewdroste
October 18, 2025 at 2:05 AM
The question is, does it matter/would this outcome have been any different with greater expertise/experience? Will write up a more comprehensive data set on Substack later this weekend - but, in the interim, take for eg QUALCOMM’s board experience in pub policy/GVT rel. to Intel (~82% vs 36% resp.)
August 23, 2025 at 2:32 PM
The question is, does it matter/would this outcome have been any different with greater expertise/experience? Will write up a more comprehensive data set on Substack later this weekend - but, in the interim, take for eg QUALCOMM’s board experience in pub policy/GVT rel. to Intel (~82% vs 36% resp.)
Ty, Nancy - exactly: 0.45% support for “Affirmative Action Risks” shareholder proposal at NFLX
June 7, 2025 at 3:51 PM
Ty, Nancy - exactly: 0.45% support for “Affirmative Action Risks” shareholder proposal at NFLX
Healthy support for ‘pro’-social, EEO-1 disclosure shareholder proposal at Planet Fitness $PLNT: ~37% support. Highest support level I’ve seen thus far for a prosocial shareholder proposal this proxy season.
#ProxySeason #ESG #CorpGov #DEI #RacialEquity #Employees
#ProxySeason #ESG #CorpGov #DEI #RacialEquity #Employees
May 12, 2025 at 9:12 PM
Healthy support for ‘pro’-social, EEO-1 disclosure shareholder proposal at Planet Fitness $PLNT: ~37% support. Highest support level I’ve seen thus far for a prosocial shareholder proposal this proxy season.
#ProxySeason #ESG #CorpGov #DEI #RacialEquity #Employees
#ProxySeason #ESG #CorpGov #DEI #RacialEquity #Employees
Anti-DEI/ESG shareholder proposals at Coca-cola receive just **1.1%** and **0.76%** support from investors at this year’s AGM
#ProxySeason #ESG #CorpGov #DEI #RacialEquity #Advertising
#ProxySeason #ESG #CorpGov #DEI #RacialEquity #Advertising
May 3, 2025 at 12:22 AM
Anti-DEI/ESG shareholder proposals at Coca-cola receive just **1.1%** and **0.76%** support from investors at this year’s AGM
#ProxySeason #ESG #CorpGov #DEI #RacialEquity #Advertising
#ProxySeason #ESG #CorpGov #DEI #RacialEquity #Advertising
Wells Fargo AGM results out
Shareholder proposal on Energy Supply Ratio disclosure from NYC Comptroller received *17.7%* support, its highest level so far this proxy season (16.3% support at Bank of America & 15.3% at Goldman)
#ProxySeason #ESG #CorpGov #Climate
Shareholder proposal on Energy Supply Ratio disclosure from NYC Comptroller received *17.7%* support, its highest level so far this proxy season (16.3% support at Bank of America & 15.3% at Goldman)
#ProxySeason #ESG #CorpGov #Climate
May 2, 2025 at 9:16 PM
Wells Fargo AGM results out
Shareholder proposal on Energy Supply Ratio disclosure from NYC Comptroller received *17.7%* support, its highest level so far this proxy season (16.3% support at Bank of America & 15.3% at Goldman)
#ProxySeason #ESG #CorpGov #Climate
Shareholder proposal on Energy Supply Ratio disclosure from NYC Comptroller received *17.7%* support, its highest level so far this proxy season (16.3% support at Bank of America & 15.3% at Goldman)
#ProxySeason #ESG #CorpGov #Climate
With the board having not opposed it, shareholder proposal regarding majority voting at Papa John’s AGM PASSES with **89.4% support**
#CorpGov #ProxySeason
#CorpGov #ProxySeason
May 2, 2025 at 11:39 AM
With the board having not opposed it, shareholder proposal regarding majority voting at Papa John’s AGM PASSES with **89.4% support**
#CorpGov #ProxySeason
#CorpGov #ProxySeason
May 2, 2025 at 2:17 AM
Kohl’s Board terminates CEO for Cause due to undisclosed personal ties with a vendor that led to improper business dealings—Board appoints Chair Michael J. Bender as Interim CEO.
#CorpGov
#CorpGov
May 1, 2025 at 1:21 PM
Kohl’s Board terminates CEO for Cause due to undisclosed personal ties with a vendor that led to improper business dealings—Board appoints Chair Michael J. Bender as Interim CEO.
#CorpGov
#CorpGov
Pfizer AGM results out:
Say-on-Pay receives just 55%
Approval of golden parachutes shareholder proposal receives 9.5% support
“Religious freedom” shareholder proposal by anti-ESG proponent receives just 2%
#ProxySeason #ESG #CorpGov
Say-on-Pay receives just 55%
Approval of golden parachutes shareholder proposal receives 9.5% support
“Religious freedom” shareholder proposal by anti-ESG proponent receives just 2%
#ProxySeason #ESG #CorpGov
April 28, 2025 at 8:47 PM
Pfizer AGM results out:
Say-on-Pay receives just 55%
Approval of golden parachutes shareholder proposal receives 9.5% support
“Religious freedom” shareholder proposal by anti-ESG proponent receives just 2%
#ProxySeason #ESG #CorpGov
Say-on-Pay receives just 55%
Approval of golden parachutes shareholder proposal receives 9.5% support
“Religious freedom” shareholder proposal by anti-ESG proponent receives just 2%
#ProxySeason #ESG #CorpGov
Fortune Brands Innovations (FBIN) Board makes no recommendation on shareholder proposal to eliminate supermajority voting at the ‘25 AGM
#CorpGov
#CorpGov
April 1, 2025 at 1:43 AM
Fortune Brands Innovations (FBIN) Board makes no recommendation on shareholder proposal to eliminate supermajority voting at the ‘25 AGM
#CorpGov
#CorpGov
Summary Comp Table and pay vs performance table from proxy
March 29, 2025 at 7:25 PM
Summary Comp Table and pay vs performance table from proxy
Proponent of Scope 3 shareholder proposal at Ford this year files additional solicitation. Green Century notes that 11% of Ford’s total GHG emissions
www.sec.gov/Archives/edg...
#ProxySeason #ESG #NetZero #Climate
www.sec.gov/Archives/edg...
#ProxySeason #ESG #NetZero #Climate
March 27, 2025 at 9:31 PM
Proponent of Scope 3 shareholder proposal at Ford this year files additional solicitation. Green Century notes that 11% of Ford’s total GHG emissions
www.sec.gov/Archives/edg...
#ProxySeason #ESG #NetZero #Climate
www.sec.gov/Archives/edg...
#ProxySeason #ESG #NetZero #Climate
Interesting tactic by NYC for #GHG target shareholder proposal at #Ameren: “…disclose an evaluation conducted by an independent third-party of the alignment of its short- and medium-term greenhouse gas emissions reduction targets with the Paris Agreement’s goals of limiting global temperature rise.”
March 26, 2025 at 1:54 AM
Interesting tactic by NYC for #GHG target shareholder proposal at #Ameren: “…disclose an evaluation conducted by an independent third-party of the alignment of its short- and medium-term greenhouse gas emissions reduction targets with the Paris Agreement’s goals of limiting global temperature rise.”
Governance shareholder proposal at Keysight (KEYS) receives 97% support - company will adopt annual elections of directors. Board had made no recommendation on the proposal.
#ProxySeason #ESG #CorpGov
#ProxySeason #ESG #CorpGov
March 25, 2025 at 8:18 PM
Governance shareholder proposal at Keysight (KEYS) receives 97% support - company will adopt annual elections of directors. Board had made no recommendation on the proposal.
#ProxySeason #ESG #CorpGov
#ProxySeason #ESG #CorpGov
Disney AGM shareholder proposal results:
Climate risks to retirement plan: 7%
anti-ESG/human rights: 1.5%
anti-ESG/risks related to selection of ad buyers and sellers: 0.9%
#ProxySeason #ESG #CorpGov
Climate risks to retirement plan: 7%
anti-ESG/human rights: 1.5%
anti-ESG/risks related to selection of ad buyers and sellers: 0.9%
#ProxySeason #ESG #CorpGov
March 24, 2025 at 8:49 PM
Disney AGM shareholder proposal results:
Climate risks to retirement plan: 7%
anti-ESG/human rights: 1.5%
anti-ESG/risks related to selection of ad buyers and sellers: 0.9%
#ProxySeason #ESG #CorpGov
Climate risks to retirement plan: 7%
anti-ESG/human rights: 1.5%
anti-ESG/risks related to selection of ad buyers and sellers: 0.9%
#ProxySeason #ESG #CorpGov
Starbucks AGM results:
- Say-on-Pay: *86%* support (91.8% last year)
- Anti-ESG shareholder proposals are receive *0.8%*, *0.9%*, and *1.2%*, respectively, across proposals 4, 6, and 8
- Independent board chair shareholder proposal receives *15.4%*
#ProxySeason #ESG #CorpGov #ExecPay #CEOpay
- Say-on-Pay: *86%* support (91.8% last year)
- Anti-ESG shareholder proposals are receive *0.8%*, *0.9%*, and *1.2%*, respectively, across proposals 4, 6, and 8
- Independent board chair shareholder proposal receives *15.4%*
#ProxySeason #ESG #CorpGov #ExecPay #CEOpay
March 17, 2025 at 11:35 PM
Starbucks AGM results:
- Say-on-Pay: *86%* support (91.8% last year)
- Anti-ESG shareholder proposals are receive *0.8%*, *0.9%*, and *1.2%*, respectively, across proposals 4, 6, and 8
- Independent board chair shareholder proposal receives *15.4%*
#ProxySeason #ESG #CorpGov #ExecPay #CEOpay
- Say-on-Pay: *86%* support (91.8% last year)
- Anti-ESG shareholder proposals are receive *0.8%*, *0.9%*, and *1.2%*, respectively, across proposals 4, 6, and 8
- Independent board chair shareholder proposal receives *15.4%*
#ProxySeason #ESG #CorpGov #ExecPay #CEOpay
National Legal and Policy Center out with a new type of anti-DE&I shareholder proposal at Goldman Sachs, this time targeting company pay incentives: for the board to “…consider eliminating discriminatory DEI goals from compensation inducements.” Board rec is AGAINST
#CorpGov #ExecPay #CEOpay
#CorpGov #ExecPay #CEOpay
March 14, 2025 at 3:25 PM
The Duke Energy (DUK) board is recommending shareholders support a Simple Majority Vote shareholder proposal at the 2025 AGM. In 2023, they made ‘no recommendation’ on an identical proposal.
#CorpGov
#CorpGov
March 14, 2025 at 1:53 PM
The Duke Energy (DUK) board is recommending shareholders support a Simple Majority Vote shareholder proposal at the 2025 AGM. In 2023, they made ‘no recommendation’ on an identical proposal.
#CorpGov
#CorpGov
Levi Strauss & Co. (LEVI) filed their proxy today and will face an anti-DE&I shareholder proposal at the 2025 AGM. Board recommends shareholders vote AGAINST
#ProxySeason #ESG #CorpGov #DEI #RacialEquity #Employees
#ProxySeason #ESG #CorpGov #DEI #RacialEquity #Employees
March 13, 2025 at 12:39 AM
Levi Strauss & Co. (LEVI) filed their proxy today and will face an anti-DE&I shareholder proposal at the 2025 AGM. Board recommends shareholders vote AGAINST
#ProxySeason #ESG #CorpGov #DEI #RacialEquity #Employees
#ProxySeason #ESG #CorpGov #DEI #RacialEquity #Employees
March 3, 2025 at 2:54 PM
92.4% support for Apple’s Say-on-Pay
February 25, 2025 at 10:20 PM
92.4% support for Apple’s Say-on-Pay
#Apple AGM results out
Shareholder proposals:
Report on Ethical AI Data Acquisition and Usage: **11.6%**
Report on Costs and Benefits of Child Sex Abuse Material-Identifying Software & User Privacy: **8.9%**
Request to Cease DEI Efforts: **2.3%**
Report on Charitable Giving: **1.9%**
Shareholder proposals:
Report on Ethical AI Data Acquisition and Usage: **11.6%**
Report on Costs and Benefits of Child Sex Abuse Material-Identifying Software & User Privacy: **8.9%**
Request to Cease DEI Efforts: **2.3%**
Report on Charitable Giving: **1.9%**
February 25, 2025 at 10:12 PM
#Apple AGM results out
Shareholder proposals:
Report on Ethical AI Data Acquisition and Usage: **11.6%**
Report on Costs and Benefits of Child Sex Abuse Material-Identifying Software & User Privacy: **8.9%**
Request to Cease DEI Efforts: **2.3%**
Report on Charitable Giving: **1.9%**
Shareholder proposals:
Report on Ethical AI Data Acquisition and Usage: **11.6%**
Report on Costs and Benefits of Child Sex Abuse Material-Identifying Software & User Privacy: **8.9%**
Request to Cease DEI Efforts: **2.3%**
Report on Charitable Giving: **1.9%**