Opinion: At these companies, anger lurks beneath successful shareholder votes

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At these companies, anger lurks beneath successful shareholder votes

that allowed him to keep tens of millions of dollars in stock awards.

RBI spokeswoman Jane Almeida said in an e-mailed response to questions that “it shouldn’t be a surprise” that 3G would vote in line with the company’s recommendations, as “anyone investing in RBI would have a clear view on our management and board philosophy.” When Dentalcorp released its board-vote results Thursday, every director had at least 93 per cent support. Except that, aside from those controlling votes, Mr. Rosenberg got just 80.3 per cent support, and director Jeffrey Rosenthal got 78.3 per cent.

Excluding them, director David Lewin failed to get a majority of votes from common shareholders. Director Daniela Mielke likely failed, as well. Two other directors had about a quarter of votes withheld. And the renewal of the company’s incentive-compensation plan failed to get approval from the common shareholders.

 

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