• 2015 Proxy Season Developments
  • December 4, 2014 | Authors: Robert E. Buckholz; Catherine M. Clarkin; Jay Clayton; Audra D. Cohen; H. Rodgin Cohen
  • Law Firm: Sullivan & Cromwell LLP - New York Office
  • On Thursday, the New York City Comptroller, on behalf of the $160 billion New York City Pension Funds, announced a broad initiative to give shareholders the right to nominate directors at U.S. companies using the corporate ballot. By submitting proxy access shareholder proposals to 75 companies at once, the NYC Pension Funds are taking a major step to roll out proxy access across the market.