PROXY COUNTDOWN

Vote with data top list, plus equity awards, ballooning pay, and activists like dudes

April 3, 2026·47 min
Episode Description from the Publisher

Trade Wire - BUY/SELLTop Stories:proxy countdown_trade wire_2025 - Google Sheets95 Filings since March 27The headlines:Air Canada CEO will retire this year after his English-only crash message was criticizedMichael Rousseau is stepping down following a massive public outcry after he delivered a condolence video almost entirely in English regarding a fatal plane crash that killed a French-speaking pilot.Critics and politicians, including Quebec’s Premier, were outraged that Rousseau failed to fulfill a high-profile 2021 promise to learn French, viewing his English-only response to a tragedy as a sign of deep cultural disrespect.Air Canada’s board has launched a global search for a successor and explicitly stated that fluency in both English and French is now a non-negotiable requirement for the next CEO.The company clarified that while a "comprehensive internal development program" has been in place for two years, the recent controversy accelerated the timeline for his departure.Rousseau will officially retire at the end of the third quarter (September 30, 2026), staying on until then to ensure a "seamless transition" and assist the board during the handover.Air Canada CEO Michael Rousseau initially stated he did not intend to step down following backlash over an English-only video regarding a runway incidentSuper Micro Computer, Inc. (SMCI)indictment of three individuals associated with the Company in connection with an alleged conspiracy to commit export-control violations:Yih-Shyan "Wally" Liaw, SVP Business Development and a member of the Company's Board of DirectorsRuei-Tsang "Steven" Chang, a sales manager in TaiwanTing-Wei "Willy" Sun, a contractorThe Company has placed the two employees on administrative leave and terminated its relationship with the contractorMr. Liaw has also resigned as a member of the Company’s Board of DirectorsMr. Liaw’s resignation was not the result of a disagreement with the CompanyClean-up crew: The Company also announced that it has appointed DeAnna Luna as acting Chief Compliance Officer, effective immediately.Succession Planning??WEST PHARMACEUTICAL SERVICES INC (WST): Eric M. Green CEO/Chair stepping down once a successor is foundADOBE INC. (ADBE): CEO/Chair Shantanu Narayen resigning when successor found; will remain as Chair<p data-rte-preserve-empty="true" style="white-space:pre-wra

Podzilla Summary coming soon

Sign up to get notified when the full AI-powered summary is ready.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.

Listen to This Episode

Get summaries like this every morning.

Free AI-powered recaps of PROXY COUNTDOWN and your other favorite podcasts, delivered to your inbox.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.