Last month Chevron subpoenaed Trillium Asset Management, which has sponsored numerous shareholder proposals at the oil and gas company over the years, the New York Times reported. Chevron demanded documents related to those proposals. The subpoena also asked for records of discussions Trillium had about these proposals with the media. It is part of a Racketeer Influenced [...]
Tag Archives | chevron
Chevron Demands Documents From Activist Investor: NYT
December 11, 2012 in Corporate Governance, Daily Viewpoint, GMI In the News
GMI Ratings Governance Issue | Chevron Corp.
October 8, 2012 in Corporate Governance, Daily Viewpoint, Flash Reports
Chevron Corp. (CVX) recently elected two directors to its board including a female chemical engineering professor named Alice P. Gast. Adding new faces will mostly strengthen the U.S.-based oil company’s management, although both Chevron’s recruits might struggle to find enough time to fulfill their duties and the board’s composition still has room for improvement. Three [...]
Small Print
March 23, 2012 in Small Print
By Paul Hodgson – CCO and Senior Research Associate Unfeeling Company Layoff Word of the Week Events Team Leader Mark Magee nominated this week’s winners in the Unfeeling Company Layoff Word of the Week competition, first in a March 21 release from HP, and again in a March 208-K from Anthera. And the winner is: [...]
Chevron, What Does “Notably Higher” Mean?
January 27, 2012 in Corporate Governance
Adapted from the second post I wrote for the Chief Compliance and Ethics Officer Network: Today executives on Chevron’s securities analyst call about its fourth quarter 2011 earnings are sure to get some questions on the meaning of the term “notably higher.” The company’s recent press release noted cryptically that “The company’s general guidance for [...]
Chevron, Hit by $18B Judgment, Faces Three Shareholder Proposals
January 10, 2012 in Corporate Governance, Environmental Issues, Political Contributions
Aguinda v. ChevronTexaco is one of the most complicated and drawn-out global lawsuits in history, seeking damages for the environmental and health impacts of oil extraction in Ecuador dating back to the 1960s. It's the subject of a superb documentary called Crude from director Joe Berlinger and has been featured on 60 Minutes. Chevron (CVX), [...]