Partner of inscriptions on bones or tortoise shells of the Shang Dynasty considers restricting fulfil of firewood of day price CEO

October 12, 2008


CEO of inscriptions on bones or tortoise shells of the Shang Dynasty Ailisen

Time of Beijing of dispatch of sina science and technology on October 9 message, according to foreign media coverage, regard fulfil of firewood of IT course of study as one of highest tall canals, CEO of inscriptions on bones or tortoise shells of the Shang Dynasty pulls Li Ailisen (Larry Ellison) will face the shareholder challenge to its high pay. Partner of partial inscriptions on bones or tortoise shells of the Shang Dynasty considers be being driven on the shareholder plenary meeting of this Zhou Wuju travel ” decide by ballot tall canal firewood to propose a toast ” (Say-on-pay) draft resolution, the fuel that limitative company provides high proposes a toast.

Current, ailisen and inscriptions on bones or tortoise shells of the Shang Dynasty are other fulfil of tall canal firewood proposes a toast by this company fuel committee is made, this committee member arises by shareholder vote, this kind of practice accords with American company to govern a level.

Ailisen is the tall canal with highest fulfil of firewood of American Silicon Valley all the time, selected ” Forbes ” the global plute a list of names posted up that the magazine chooses. Cash added Ailisen 2008 amount of stock firewood fulfil adds up to 83 million dollar about, fulfil of firewood of CEO of otherer and congener company is tall 372% . In addition, the share of share of inscriptions on bones or tortoise shells of the Shang Dynasty that acquires as Ailisen rises ceaselessly, he perhaps is shareholder of this company the biggest individual, at present hold stock of common stock of 22.6% inscriptions on bones or tortoise shells of the Shang Dynasty.

“Decide by ballot tall canal firewood to propose a toast ” motion by inscriptions on bones or tortoise shells of the Shang Dynasty a few partner are put forward, get partner representative seeks advice from company Proxy Governance Inc. support. This motion still appeals partner of inscriptions on bones or tortoise shells of the Shang Dynasty does not want to propose a toast to current salary committee committee member casts ay.

“Decide by ballot tall canal firewood to propose a toast ” draft resolution will be in charge of firewood fulfil high to inscriptions on bones or tortoise shells of the Shang Dynasty to make a system of fixed quotas for grain production give birth to major effect. Have firewood reward system according to inscriptions on bones or tortoise shells of the Shang Dynasty, this company is in charge of firewood high to propose a toast all the time taller, can behave according to outstanding achievement of this company near future make adjust. Inscriptions on bones or tortoise shells of the Shang Dynasty 2008 money year battalion closes rise 29% ,

President of Proxy Governance policy thanks Li Westcott (Shirley Westcott) expresses, the fulfil of tall canal firewood of this company support and outstanding achievement link up with establishs a method, but inscriptions on bones or tortoise shells of the Shang Dynasty is in charge of firewood high to propose a toast too expression of outstanding achievement of rely heavily on sb’s service. Proxy Governance is opposite the report middle finger of partner of inscriptions on bones or tortoise shells of the Shang Dynasty goes out, a fulfil of usance authority firewood that inscriptions on bones or tortoise shells of the Shang Dynasty is in charge of high ” exorbitant, especially Ailisen (fulfil of period authority firewood is exorbitant) ” .

What maintain the growth of stock of inscriptions on bones or tortoise shells of the Shang Dynasty as Ailisen, he also is in to the consequence of direction of development of inscriptions on bones or tortoise shells of the Shang Dynasty ceaseless promotion. Be aimed at this kind of state, proxy Governance expresses, “You may think this can make he (Ailisen) interest and partner are consistent, but offer him a large number of shares year after year is period authority appropriate? But offer him a large number of shares year after year is period authority appropriate??

“Decide by ballot tall canal firewood to propose a toast ” plan does not have sanction, accordingly unwarrantable inscriptions on bones or tortoise shells of the Shang Dynasty manages a layer whether accept this plan. Nevertheless ” decide by ballot tall canal firewood to propose a toast ” the effort that offers to mirror a partner to restrict tall canal firewood to propose a toast. In the meantime, a lot of bill that United States Congress passes will be made ” decide by ballot tall canal firewood to propose a toast ” draft resolution has sanction.

Since this year, already 80 companies put forward on annual meeting similar ” decide by ballot tall canal firewood to propose a toast ” draft resolution, prep above 52 of last year. Use actually ” decide by ballot tall canal firewood to propose a toast ” the company of draft resolution includes the United States Verizon of business of the 2nd big telegraphic operation.

Westcott says: “Fulfil of tall canal firewood is exorbitant it is the problem that pays close attention to since a lot of shareholder are long-term ” , “A few partner are seeking control to provide fuel high hard fulfil, rise to propose a toast to providing fuel high the means of right to speak ” . (Ning Xian)

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