Last year, we reviewed proxy statements filed by companies in the Silicon Valley 150[1] (SV150) to see whether they included an officer exculpation proposal[2] in their proxy statements for stockholder meetings held from August 1, 2022, through July 31, 2023 (“Year One”). As reflected in our previous post and Client Alert, during Year One, only nine SV150 companies included an officer exculpation proposal in their proxy statements, of which seven passed and two failed.Continue Reading Officer Exculpation and the Silicon Valley 150: Year Two
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Wilson Sonsini’s SV150 Corporate Governance Report Highlighted on Boardroom Governance Podcast
Wilson Sonsini Partner and Known Trends Editorial Board member Richard Blake recently joined Evan Epstein on the Boardroom Governance Podcast to discuss the firm’s 2023 Silicon Valley 150 (SV150) Corporate Governance Report. Richard and Evan talk about some of the findings, including the evolution of shareholder virtual meetings, board committee structures, board and officer diversity, dual-class share structures, ESG disclosures, compensation, shareholder activism, and more.
View the full episode via Boardroom Governance (available here). Continue Reading Wilson Sonsini’s SV150 Corporate Governance Report Highlighted on Boardroom Governance Podcast
Snapshot: Earnings Date Announcements and Earnings Release Form 8-K Practices
We reviewed four quarters of press releases announcing upcoming earning release dates, as well as the subsequent earnings release Form 8-Ks, for 30 public companies in the Lonergan Silicon Valley 150[1] to determine how long in advance they were announcing their upcoming earnings release date, the timing of their…
Continue Reading Snapshot: Earnings Date Announcements and Earnings Release Form 8-K Practices