Skip to content Skip to navigation
This is provided for informational purposes only and does not constitute investment advice.
Your VOTE is important! VOTE your shares at the following website: www.proxyvote.com or by telephone at 1-800-454-8683.
| Ticker: | BK |
| Shareholder Meeting Date: | 04/13/2010 |
| Total Shares Voted: | 3,359,624 |
| Number | Description /Reason | Vote |
|---|---|---|
| 1. | Elect Directors CalPERS is withholding from director nominees J. Luke and R. Mehrabian. Both directors are currently serving as a CEO, while sitting on three company boards. |
Withhold from nominees J. Luke and R. Mehrabian. |
| 2. | Advisory Vote on Executive Compensation | For |
| 3. | Ratify Auditor | For |
| 4. Shareholder Proposal | Provide for Cumulative Voting CalPERS believes shareowners should have the right to cumulate votes in the election of directors. |
For |
| 5. | Proposal Regarding Stock Retention CalPERS is a firm supporter of stock ownership guidelines that require minimum levels of ownership during and after an executive’s employment. It should be noted the proposal mandates that executive equity awards should have a lock-up period of five years, with a provision to redeem one-fifth of the awards over the five year period. CalPERS prefers that guideline specifics be designed and implemented through the company’s Independent Compensation Committee. |
For |
| 6. Shareholder Proposal | Submit Severance Agreement to Shareholder Vote CalPERS believes the proposal does not pose long-term harm to the company and would be a benefit to shareowners. |
For |