Board scenario models at Walmart, plus Amgen won’t move your piano
About this episode
The episode discusses recent corporate governance issues and leadership changes at major companies like Walmart, Amgen, and BP.
This is Proxy Countdown. Welcome to the big show for the week of May 25, 2026 alongside my tag team partner Matt Moscardi. I'm Damion Rallis. On today’s countdown: BP Ousts a Bully No foosball tables for the new CFO at Amgen An activist investor calls a board “lazy” Welltower investors decide they hate the NEOs’ $1.5B in equity awards And on the Big Vote, Matt talks Walmart <TRADE WIRE BUMPER> Trade Wire Top Stories: 88 Filings since May 14th The headlines BP ousts chair over ‘serious’ governance, oversight concerns The oil giant’s board removed Albert Manifold from his roles as chair and director this week, effective immediately. He faced a contingent of investor opposition at BP’s recent annual meeting. Ousted BP Chair Hits Back at ‘Lies’ About His Conduct Albert Manifold was abruptly fired by the oil major this week amid concerns about bullying behavior TYSON FOODS lead independent director Jeffrey K. Schomburger will become CEO, replacing Donnie King, who will remain on the board Schomburger has served on the board since 2016 and most recently served as Global Sales Officer for The Procter & Gamble Company from 2015 to 2019 Clorox CEO Linda Rendle to Step Down…
More episodes of PROXY COUNTDOWN
- Proxy Season Crossover
- Director vote gaps, plus manipulating pay at Costar and “social independence” at Veeva
- Declassify Lululemon, plus anti-ESG losses and big dumb payouts
- Business Roundtable Boards, plus Victoria’s Secret and vote roundups
Explore listener stats, chart rankings, contacts and more on the PROXY COUNTDOWN podcast page.