ShareholderProposals.com is a one-stop resource for everything you ever wanted to know about shareholder proposals and the related process. It is drafted from both the proponent and the company perspective by legal experts that have represented both sides - and edited by the regulator that oversaw the shareholder proposal process at the SEC for nearly two decades.
Broc Romanek is Editor of TheCorporateCounsel.net, GreatGovernance.com and AccountingDisclosure.com and General Counsel of Executive Press. Over a 12-year period, Broc has hit the trifecta of legal practice - in-house (Assistant General Counsel - Corporate and Securities for Lockheed Martin Corporation), government (Counselor to SEC Commissioner Laura Unger and Special Counsel in the Office of Chief Counsel in the SEC's Division of Corporation Finance) and law firm private practice. He also founded and served as Editor-in-Chief of RealCorporateLawyer.com.
Broc also serves as Editor of the Corporate Governance Advisor and
Managing Editor of The M&A Lawyer. He currently serves as Chair of ACCA's Corporate & Securities Law Committee and serves on the advisory board of the American Society of Corporate Secretaries (and is President of the Mid-Atlantic Chapter).
Beth M. Young is a consultant specializing in corporate governance and
shareholder initiatives, including shareholder proposals and proxy
contests. She also serves as a Senior Research Associate for The Corporate Library. Beth has spoken at conferences of the National Association of Corporate Directors, the American Society of Corporate Secretaries, the National Association of Stock Plan Professionals, Institutional Shareholder Services, New England Pension Consultants, and the National Council on Teacher Retirement.
From 1998 until 2000, Beth served as the shareholder initiatives
coordinator in the AFL-CIO's Office of Investment. At the AFL-CIO, she
advised union-affiliated pension and benefit funds on a wide variety of
shareholder issues, including proxy voting, executive compensation,
management accountability mechanisms and the governance effects of
corporate transactions, and coordinated independent solicitations.
Beth was in private bankruptcy and corporate-law practice in New York
City from 1996 to 1998. Prior to that time, she served for two years as a law clerk to United States District Judge Louis L. Stanton of the
Southern District of New York. Beth received a B.A. in American Studies
from Yale University and a J.D. magna cum laude from the University of
Wisconsin Law School, where she was Editor-in-Chief of the Wisconsin Law Review.
William Morley had held increasingly senior positions in over 30 years in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. From 1993 to 1999, he was a Senior Associate Director (from 1995 to 1999 in charge of Chief Counsel's office and from 1993 to 1995 in charge of Disclosure Operations). Bill also served as Senior Legal Advisor to the Director. He was Chief Counsel from 1984 to 1992 (from 1988 to 1992 as an Associate Director). During this time, he was the primary SEC staff person handling and overseeing the shareholder proposal process.
The views expressed in this website are the authors' alone and do not
necessarily represent the views of the authors' employers nor is any view on this website considered legal advice - see our disclaimer.
