CoreCivic Announces at Its Annual Meeting It Will Adopt SEIU's Detainee Human-Rights Executive-Pay Proposal
CoreCivic held its 2019 annual meeting on May 16, 2019. Its current report states that the company announced at the meeting that it “has decided to adopt the stockholder proposal submitted by SEIU”, a proposal “to incorporate respect for inmate and detainee human rights into the Company’s incentive compensation arrangements for senior executives”.
The SEC staff response dated March 15, 2019 had declined CoreCivic’s request to exclude the proposal: “We are unable to concur in your view that the Company may exclude the Proposal”.
Sources & Citations
[1]
CoreCivic, Inc. Form 8-K (Items 5.07 and 8.01), filed 2019-05-17
· May 17, 2019
[2]
SEC Division of Corporation Finance response to CoreCivic, Inc. no-action request (SEIU proposal), 2019-03-15
· Mar 15, 2019
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Cite this entry
The Cascade Ledger. “CoreCivic Announces at Its Annual Meeting It Will Adopt SEIU's Detainee Human-Rights Executive-Pay Proposal.” The Capture Cascade Timeline, May 16, 2019. https://capturecascade.org/event/2019-05-16--corecivic-adopts-seiu-detainee-human-rights-pay-proposal/