What Senator Schumer in his bill prescribes, however, is not appropriate, and that is that you create a separate committee to do that.

I do not have much time, and I cannot stay for a second round.

It is a national disgrace that under most State laws the default standard for uncontested director elections is a plurality vote.

That is not a very good argument against my proposal.

I do not think they would have a different structure, and I would argue that the recent history would undercut your argument even further.

How about take away that exception? Any other justification?

There are far too many cases recently where boards of directors... were asleep at the wheel.

The council believes a modest proxy access mechanism would substantially contribute to the health of our U.S. governance model.

Fifth, it requires public companies to split the jobs of CEO and chairman of the board and requires the chairman to be an independent director.

Doesn't the Shareholder Bill of Rights create a competitive advantage for the companies that follow the best practices?

Let the shareholders decide, as Ms. Yerger points out, is a tautology.