Andrew Droste 🌎 corpgov.substack.com

#CorpGov | personal acct per DoDI 5400.17 (posts/reposts/likes are my own and not my employer's - nothing is legal/investment advice)

[The Activist Investor @activistinvestr]

https://t.co/fl23ZUOEeY

[Andrew Droste 🌎 corpgov.substack.com @MrCorpGov]

Want to know what the $META annual shareholder meeting vote results would be if you backed out Zuck's shares?

https://t.co/e5hDgm75io

#CorpGov #Meta #Facebook #Instagram #Whatsapp

[U.S. Securities and Exchange Commission @SECGov]

🚨 TODAY: SEC proposes rescission of overly burdensome and costly climate-related disclosure rules.

The SEC’s proposal focuses on returning the agency to its core mandate and restoring a materiality-focused approach to securities regulation.

[ABC News @ABC]

At 106 years old, Freeman Johnson is the oldest surviving Pearl Harbor veteran.

More than eight decades after the attack on Pearl Harbor, he’s still sharing his firsthand memories of Dec. 7, 1941, honoring those who were lost and making sure younger generations understand the day that changed America forever.

[U.S. Army @USArmy]

24 notes. 250 years of sacrifice.

Every time Taps is played, it carries the gratitude of our nation, a powerful reminder of the heavy cost of freedom.

[Andrew Droste 🌎 corpgov.substack.com @MrCorpGov]

"The cost of freedom is always high, but Americans have always paid it" - JFK

#MemorialDay

[Andrew Droste 🌎 corpgov.substack.com @MrCorpGov]

$BYND receives failed Say-on-Pay vote

#CorpGov #ExecPay #CEOpay

https://t.co/1efR30YLVa

[Andrew Droste 🌎 corpgov.substack.com @MrCorpGov]

Jennifer Hyman resigns as CEO of Rent the Runway (effective Friday). Separation package: $62.5K/month advisory fee through January 2027, a ~1.6M closing payment, & accelerated RSUs. Board member Teri Bariquit (Nordstrom vet) appointed interim CEO at $50k/month $RENT #CorpGov

[First Squawk @FirstSquawk]

US CREDIT CARD DELINQUENCIES HIT 13.1% — HIGHEST SINCE 2011

STUDENT LOAN DELINQUENCIES SURGE TO 10.3% — HIGHEST SINCE 2020

AUTO LOAN DELINQUENCIES HIT A RECORD 5.6%

[Andrew Droste 🌎 corpgov.substack.com @MrCorpGov]

4 shareholder proposals at the $NVDA 2026 AGM

[Andrew Droste 🌎 corpgov.substack.com @MrCorpGov]

Southeastern argues (inter alia) that management’s comp structure may be disincentivizing timely action. Southeastern owns ~4% of the company #CorpGov #ExecPay #CEOpay

https://t.co/jWecJnNuNO

[Andrew Droste 🌎 corpgov.substack.com @MrCorpGov]

One of Mattel's $MAT largest shareholders, Southeastern Asset Management, issues open letter urging the board to explore a sale or strategic alternatives. The firm identifies three buyer categories: PE, a strategic toy company (notably Hasbro), or a large media company.

[Mark Baldwin @markbaldwin1]

Being a lifelong White Sox fan has prepared him well for this.

[Andrew Droste 🌎 corpgov.substack.com @MrCorpGov]

Hasbro $HAS discloses a network breach
#CorpGov #cybersecurity

[Andrew Droste 🌎 corpgov.substack.com @MrCorpGov]

I know I'm getting old, but that intro on Netflix with the comedian and the cabs and the dancers on the field was just embarrassing. Everything a Vegas-style production these days

#MLB #Yankees

[LiveSquawk @LiveSquawk]

SEC Prepares Proposal To Eliminate Quarterly Reporting Requirement – @WSJ
https://t.co/xF90gjLjDT

[Collin Rugg @CollinRugg]

Alabama airman and father of 3, Major Alex Klinner, identified as one of the six Americans who was killed when a KC-135 crashed in Iraq.

Klinner was a father to a two-and-a-half-year-old and seven-month-old twins.

His wife, Libby, posted the following on Instagram:

“On March 12, our world shattered. Alex and his crew were on the plane that crashed in Iraq. I'm devastated to lose the best person I know, the person that made everything more fun, my best friend.

But even more so, my heart is broken for our three kids who will grow up not knowing him. They won't get to see firsthand the way he would jump up to help in any way he could.

They won't see how goofy and funny he was. They won't witness his selflessness, the way he thought about everyone else before himself. They won't get to feel the deep love he had for them. He was an incredible person and husband, but he was the best dad.

It still doesn't feel real. I keep thinking that I'll get a text from him saying 'Sorry honey! Didn't mean to scare you' and everything will be alright. Because Alex always made everything alright. We just moved to a new home and we had so many exciting plans in the next few years. Now we are left to navigate the void left in our hearts.

Thank you to everyone who has reached out. Your words mean more than you know.
These are some of the last photos we have together before he deployed. He was crushed that he had to leave us. I'Il forever remember this heartbreaking goodbye.”

I am linking the GoFundMe below that was launched by Klinner’s sister-in-law, Sarah Rose Harrill.

Heartbreaking.

Videos: libbyklinnerteaching / ig.

[Andrew Droste 🌎 corpgov.substack.com @MrCorpGov]

Berkshire Hathaway will have just ONE shareholder proposal for the 2026 AGM
$BRK

Last year the company faced 7 shareholder proposals
#CorpGov

[Andrew Droste 🌎 corpgov.substack.com @MrCorpGov]

Quite the resignation letter filed at Vestand $VSTD today - Director and Chief Compliance Officer writing he "... no longer feel[s] [he] can fulfill [his] fiduciary duties"
#CorpGov