Blame at Wells Fargo’s AGM, plus Ingles governance joke, Cook out, Texas reject
About this episode
The episode discusses significant corporate governance changes and shareholder actions at major companies including Apple, Best Buy, and Wells Fargo.
This is Proxy Countdown. Welcome to the big show for the week of April 20, 2026 alongside my tag team partner Matt Moscardi. I'm Damion Rallis. On today’s countdown: Tim Cook changes chairs at Apple While Corrie Barry loses hers at Best Buy Activist investors raise the Sackler Sucks flag at Ingles Markets Shareholders love mergers but hate merger pay And on the Big Vote, Matt looks at Charles Scharf and his boy band at Wells Fargo <TRADE WIRE BUMPER> Trade Wire Top Stories: 30 Filings since April 16 The headlines Apple Inc. (AAPL): Tim Cook transitioning to Exec Chair John Ternus promoted to CEO and director Art Levinson, current Chair (2011-), will become Lead Independent Director NETFLIX INC (NFLX): Chair Reed Hastings resigning as of 2026 AGM SOUTHERN COPPER CORP/ (SCCO) CEO Oscar Gonzalez Rocha passed away appointed director Leonardo Contreras Lerdo de Tejada as interim CEO BEST BUY CO INC (BBY) Jason Bonfig promoted; succeeding Corie Barry Corie barry leaving board David W. Kenny stays as chair Corie Barry will remain employed as a strategic advisor in a non-executive officer role for six months: base salary will decrease to $1,000,000, will remain eligible for a…
People in this episode
Host: Damion Rallis
Guest: Matt Moscardi
Topics covered
- corporate governance
- shareholder meetings
- executive changes
- activist investors
- mergers and acquisitions
- business news
Keywords
- Wells Fargo
- Apple
- Best Buy
- activist investors
- mergers
- executive changes
- shareholder meetings
- Ingles Markets
- NETFLIX
- Lululemon
Mentioned in this episode
Organizations: Apple Inc., Best Buy, Ingles Markets, Wells Fargo, NETFLIX INC, SOUTHERN COPPER CORP, Lululemon
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