Andrew R. Droste
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droste.bsky.social
Andrew R. Droste
@droste.bsky.social
#CorpGov including intersection w/ climate, social policy | rules/regs, shareholder proposals, activism/proxy contests | #ESG data | personal acct per DoDI 5400.17 (posts are my own)

https://corpgov.substack.com

https://www.linkedin.com/in/andrewdroste
Reposted by Andrew R. Droste
When you take out execs & board members' shares voted - investor support for Elon Musk's $1 trillion 2025 pay plan was lower than for his $56 billion 2018 CEO pay plan. . . www.cnbc.com/2025/11/10/t...
Tesla investor support for Elon Musk's massive pay plan was lower in 2025 than in 2018
Tesla CEO Elon Musk received less support from shareholders for his trillion-dollar pay plan than he did when his prior package was put up for a vote.
www.cnbc.com
November 11, 2025 at 1:45 AM
Reposted by Andrew R. Droste
this is great. Musk's new pay package would have passed without considering insider votes, but by a lot less.
November 8, 2025 at 7:55 PM
The Tesla AGM results (with non-insider vote calculations, to boot)

#CorpGov #ExecPay #CEOpay

open.substack.com/pub/corpgov/...
Tesla AGM
Parsing the AGM vote results (so you don't have to)
open.substack.com
November 8, 2025 at 7:49 PM
Shareholder proposal 12, annual director vote proposal, passes
#CorpGov
~75% support in favor of 2025 mega grant at Tesla #CorpGov #ExecPay #CEOpay
November 6, 2025 at 10:01 PM
~75% support in favor of 2025 mega grant at Tesla #CorpGov #ExecPay #CEOpay
November 6, 2025 at 9:55 PM
Proxy advisor ISS recommends Tesla shareholders oppose Elon Musk $1 trillion pay plan www.cnbc.com/2025/10/17/p...
October 18, 2025 at 3:01 AM
ISS recs out for Tesla AGM in early NOV
#CorpGov #ExecPay #CEOpay
October 18, 2025 at 2:05 AM
13.9% support for plastics shareholder proposal at P&G AGM
#CorpGov
October 16, 2025 at 8:40 PM
Regenerative agriculture shareholder proposal at General Mills garners an impressive 28% support

#CorpGov #RegenAg
Mr. CorpGov (@corpgov)
Regenerative agriculture shareholder proposal at General Mills garners an impressive 28% support #CorpGov #RegenAg
substack.com
October 4, 2025 at 4:58 AM
FedEx $FDX AGM results

• low Say-on-Pay support (63%)

• Independent chair shareholder proposal receives 42.5% support

#CorpGov #ExecPay #CEOpay
Mr. CorpGov (@corpgov)
FedEx $FDX AGM results • low Say-on-Pay support (63%) • Independent chair shareholder proposal receives 42.5% support #CorpGov #ExecPay #CEOpay
substack.com
October 2, 2025 at 10:58 PM
"The ultimate weakness of violence is that it is a descending spiral, begetting the very thing it seeks to destroy. Instead of diminishing evil, it multiplies it.

Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that."
September 10, 2025 at 8:05 PM
I think what’s really interesting in this situation is the Board skills composition – and, remember, this is a self-disclosed qual data set.

The point: the GVT/pub policy skill/experience line item is lower as a % of the full composition of the board at Intel relative to certain strategic peers
The simplest answer is, Tan is not the board. The board makes the decision, and they're presumed to be independent of Tan.
Question for my lawyer friends: how does Intel escape a shareholder derivative suit alleging that the board and CEO breached their fiduciary duty when, in Trump’s words, Tan “walked in wanting to keep his job, and [] ended up giving us $10 billion”?
August 23, 2025 at 2:32 PM
Say-on-Pay also receives just 59% support

#CorpGov #ExecPay #CEOpay
August 15, 2025 at 9:08 PM
Special meeting shareholder proposal at Qorvo (QRVO) receives 44% support

#CorpGov
Mr. CorpGov (@corpgov)
Special meeting shareholder proposal at Qorvo (QRVO) receives 44% support #CorpGov
substack.com
August 15, 2025 at 9:06 PM
Collective bargaining shareholder proposal does pretty well

#CorpGov #Employees
Mr. CorpGov (@corpgov)
Shareholder proposal success depends on target company analysis, folks
substack.com
August 3, 2025 at 3:06 PM
HPE enters into Cooperation Agreement with Elliott. New director added, will chair newly formed Strategy Committee

#CorpGov
Mr. CorpGov (@corpgov)
HPE enters into Cooperation Agreement with Elliott. New director added, will chair newly formed Strategy Committee https://capedge.com/filing/1645590/0001645590-25-000081/HPE-8K #CorpGov
substack.com
July 16, 2025 at 12:15 PM
This app FINALLY has post notifications… let’s go!!
July 13, 2025 at 2:19 AM
Low director support (59% support for Michael L. Speiser) and failed Say-on-Pay proposal (30%) at $SNOW Snowflake

#CorpGov #ExecPay #CEOpay
Mr. CorpGov on Substack
Low director support (59% support for Michael L. Speiser) and failed Say-on-Pay proposal (30%) at $SNOW Snowflake #CorpGov #ExecPay #CEOpay
substack.com
July 3, 2025 at 8:16 PM
Reposted by Andrew R. Droste
I think it’s really important, when considering what we’re investing in for the future of decarbonization, to consider that techs depending on cooling water might simply be seasonally unviable under future climate conditions
July 2, 2025 at 12:31 PM
Starboard takes an almost double-digit stake in TripAdvisor $TRIP

#CorpGov
Mr. CorpGov on Substack
Starboard takes an almost double-digit stake in TripAdvisor $TRIP #CorpGov
substack.com
July 3, 2025 at 12:28 PM
Reposted by Andrew R. Droste
Big thank you to @droste.bsky.social, aka 'Mr. Corp Gov' for his expert reporting throughout 2025 proxy season!

#DEI #Diversity #CorpGov

bsky.app/profile/dros...
June 27, 2025 at 4:24 PM
Reposted by Andrew R. Droste
New Shareholder Primacy podcast. This week, @activistinvestor.bsky.social talks to @droste.bsky.social of Columbia Threadneedle. Here at Apple:

podcasts.apple.com/us/podcast/a...
Andrew Droste, Columbia Threadneedle
Podcast Episode · Shareholder Primacy · 06/25/2025 · 38m
podcasts.apple.com
June 25, 2025 at 9:51 AM