PROXY COUNTDOWN

Director vote gaps, plus manipulating pay at Costar and “social independence” at Veeva

June 25, 2026·50 min
Episode Description from the Publisher

Trade WireTop Stories:&nbsp;130 Filings since June 18thThe headlinesDOMINOS PIZZA: CEO Russell J. Weiner resigning, will become Executive Chair;Executive Chair David A. Brandon resigningCOO Joseph H. Jordan appointed CEO and director$3M golden helloNIKE: John W. Rogers, Jr. resigning (2018-2026)35% no vote in 2025; 40% in 2024; 35% in 2023RPT: De minimis payments between NIKE and Ariel Investments, LLC, where Mr. Rogers serves as Chairman, Co-CEO, and Chief Investment Officer3rd big LT board left recently:McDonald's (2003-2023); Exelon (2000-2019)3% influence; redundant skillsetAlso at NIKE: new CFO David Denton golden hello up to $15.25M cashAt Pfizer since 2022; Lowe’s from 2018-2022Stupid moneyTYSON FOODSAmended Employment Agreement of Chair John H. Tyson until September 30, 2029: 1) base salary of $3.5M (up from $1.2M) 2) annual bonus target equal to 300% (up from 170%) of his annual base salary, 3) annual equity target&nbsp; of $6M, 4) one-time incentive award cash payment of $40M, 5) use of Company-owned aircraft plus tax gross-ups ("Based on security concerns and as a result of a security study conducted by a third-party consultant"), 6) 300 hours annually of aircraft use for flights in which he is not a passenger, 7) personal security services and may request additional security services up to $150,000 annually, 8) life insurance and Supplemental Executive Retirement Plan benefits of approximately $175,000 a yearformerly: 275 hours for him only/only security and not additional $150kJPMORGAN CHASE: one-time Retention and Continuity equity awards to the following Operating Committee members:Doug Petno, Co-President and CEO of the Commercial &amp; Investment Bank, and Troy Rohrbaugh, Co-President and CEO of Consumer &amp; Community Banking, in the amount of $30M each;Mary Erdoes, CEO of Asset &amp; Wealth Management, and Jennifer Piepszak, Chief Operating Officer, in the amount of $20M each.Dumb stuffCINCINNATI FINANCIAL: appointing Lisa M. FranchettiAdmiral Franchetti retired from the U.S. Navy in 2025, after a nearly 40-year career marked by leadership at every operational level, culminating in her service as the 33rd Chief of Naval Operations from November 2023 to February 2025.<p data-

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