Actionable news
0
All posts from Actionable news
Actionable news in BK: BANK OF NEW YORK MELLON CORPORATION,

AMENDMENTS TO ARTICLES OF INCORPORATION OR

(a) On October13, 2015, the Board of Directors (the Board) of The Bank of New York Mellon Corporation (the Corporation) approved and adopted amendments to the Corporations Amended and Restated By-Laws (the By-Laws) to implement proxy access. The amendments took effect immediately upon approval by the Board. The following is a summary of the changes:

Article Two, Section5 of the By-Laws has been added to permit a stockholder, or a group of up to 20 stockholders, owning 3% or more of the Corporations outstanding common stock continuously for at least three years to nominate and include in the Corporations proxy materials for an annual meeting directors constituting up to two individuals or 20% of the Board, whichever is greater, provided that the stockholder(s) and the nominee( s) satisfy the requirements specified...


More