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A corporate resolution is a document issued by a board of directors, outlining a binding corporate action. [1] Resolutions may authorize routine transactions such as opening corporate accounts, or adopting a fictitious business name. [2] Others may be used to delegate, approve, or rescind decision-making authority to individuals to act on ...
Shareholder resolution. With respect to public companies in the United States, a shareholder resolution is a proposal submitted by shareholders for a vote at the company's annual meeting. Typically, resolutions are opposed by the corporation's management, hence the insistence for a vote. "Voting has long been recognized as one of the primary ...
Discharge petition. In United States parliamentary procedure, a discharge petition is a means of bringing a bill out of committee and to the floor for consideration without a report from the committee by "discharging" the committee from further consideration of a bill or resolution. [1] The signatures of an absolute majority of House members ...
Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012. William C. Ballard, Jr. was paid $1,761,636 to sit on the boards of UnitedHealth Group.
From January 2008 to March 2011, if you bought shares in companies when Lucille S. Salhany joined the board, and sold them when she left, you would have a -16.7 percent return on your investment, compared to a -11.6 percent return from the S&P 500.
From January 2008 to December 2012, if you bought shares in companies when Jorge P. Montoya joined the board, and sold them when he left, you would have a -2.4 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
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