News

April / 04.2017

    • General meetings
    07.04.2017

    In the run-up to the general meeting of Credit Suisse on 28 April 2017, Ethos opposes the re-election of several board members as well as the discharge of the board. In addition, in light of the poor results and the concerns regarding the bank’s capital ratio, Ethos also refuses the remunerations of the go…

March / 03.2017

December / 12.2016

    • General meetings
    • Corporate Governance
    06.12.2016

    The Ethos Foundation publishes the 16th edition of its proxy voting guidelines and corporate governance principles. In particular, the 2017 edition foresees that members of the executive management will no longer be accepted as board members. In addition, the maximum duration of the external audit firm’s m…

September / 09.2016

    • General meetings
    • Corporate Governance
    29.09.2016

    The annual general meetings of Swiss listed companies have been shaped in the last two years by the implementation of the Minder initiative which foresees a binding vote on the pay for the governing bodies and the annual election of board members. These provisions have significantly increased pressure on b…

May / 05.2016

    • General meetings
    12.05.2016

    Ethos will participate today in the annual general meeting of LafargeHolcim and recommend shareholders not to discharge the board, in particular due to the under-performance of the share price in comparison to the main competitors of more than 50% since the announcement of the merger in July 2014. Ethos al…

April / 04.2016

    • General meetings
    29.04.2016

    Ethos will make a statement at today’s annual general meeting of Credit Suisse. The remuneration seems too high in light of the CHF 3 billion loss recorded in 2015. In addition, in light of the ongoing litigation, Ethos recommends that shareholders oppose the discharge of the board members. Finally, given…

    • General meetings
    07.04.2016

    At the annual general meeting of Calida on 21 April 2016 the company’s second largest shareholder Micalux (Haas family, 16% of the capital) proposes to re-elect the former CEO Felix Sulzberger to the board. The board is opposed and instead proposes two new candidates, Stefan Portmann and Jean-Paul Rigaudea…

March / 03.2016

    • General meetings
    • Corporate Governance
    29.03.2016

    Geneva, 24.03.2016 - At the annual general meeting of Sika of 12.04.2016 Ethos Foundation is fundamentally opposed to the re-election of the three members of the board tied to the Burkard Family (Urs Burkard, Willi Leimer, Jürgen Tinggren) and to the election of Jacques Bischoff, the new candidate proposed…