(Source: Office of the Comptroller City of New York) (New York, NY) - On Wednesday, Chipotle investors overwhelmingly supported a proposal to grant shareowners that have jointly held at least 3 percent of Chipotle's common stock for at least 3 years the right to nominate directors using the corporate ballot, an initiative known as proxy access. The resolution received 58 percent preliminary support, a significant increase from last year when 49.9 percent of investors supported the proposal, despite a competing proposal put forth by management that once again received significantly less support. The proposal was sponsored by the New York City Pension Funds and...
↧