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Search resuls for: "Jon Moeller"


3 mentions found


☆ P&G faces challenge to CEO Moeller as chairman from environmentalists, investors
  + stars: | 2022-10-10 | by ( Jessica Dinapoli | Thomson Reuters | New York-Based Reporter Covering U.S. Consumer Products Spanning Paper Towels To Packaged Food | ) www.reuters.com   time to read: +3 min
Boxes of Tide detergent, a Procter & Gamble product, sit on a shelf at a store in Alexandria, May 28, 2009. Register now for FREE unlimited access to Reuters.com RegisterThe groups request replacing Moeller with an independent chair. Norway's sovereign wealth fund also plans to vote against Moeller, according to a voting notice on its website. Institutional Shareholder Services Inc and Glass Lewis, firms that make widely-followed recommendations on voting for investors, said shareholders should support Moeller and the two directors. ISS said investors should take caution when supporting Moeller and the directors because of "ongoing concerns" regarding deforestation.
☆ Environmental groups ask P&G investors to vote against CEO as board chair
  + stars: | 2022-09-19 | by ( Jessica Dinapoli | Thomson Reuters | New York-Based Reporter Covering U.S. Consumer Products Spanning Paper Towels To Packaged Food | ) www.reuters.com   time to read: +5 min
They also oppose corporate directors Angela Braly, chair of the governance and public responsibility committee and Patricia Woertz, a member of that committee. Register now for FREE unlimited access to Reuters.com RegisterInvestors are set to vote on the re-election of P&G's corporate directors at its annual meeting on Oct. 11. In the filing, the environmental groups request replacing Moeller with an independent chair, a structure some investors prefer. Braly's role as chair of the governance and public responsibility committee, which oversees environmental concerns including forestry, "have not succeeded in mitigating" risks in P&G's forest sourcing, the environmental groups said. The environmental groups said Moeller's work with Monsanto, owned by Bayer, "does not align with prioritizing corporate responsibility or scientific integrity."
☆ Environmental groups ask investors to vote against P&G CEO, directors
  + stars: | 2022-09-19 | by ( Jessica Dinapoli | Thomson Reuters | New York-Based Reporter Covering U.S. Consumer Products Spanning Paper Towels To Packaged Food | ) www.reuters.com   time to read: +4 min
Register now for FREE unlimited access to Reuters.com RegisterInvestors are to vote on the re-election of P&G's corporate directors at its annual meeting on Oct. 11. Last year, NRDC also urged investors to vote against Braly, and she received significantly fewer votes for her re-nomination to the board compared to other directors, according to a securities filing. P&G is "laser-focused on shareholder values and the value of the company from an asset perspective," Matthews said. Braly's role as the chair of the governance and public responsibility committee, which oversees environmental concerns including forestry, "have not succeeded in mitigating" risks in P&G's forest sourcing, the environmental groups said. The environmental groups said Moeller's work with Monsanto, now owned by Bayer, "does not align with prioritizing corporate responsibility or scientific integrity."
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