US - The California State Teachers' Retirement System (CalSTRS) has successfully pushed through governance improvements at Occidental Petroleum Corporation.
The fund, together with Relational Investors, had called for a change in the firm's CEO succession planning, executive compensation reform, and board composition. The two investors, which betw...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date