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CalPERS Pushes For Executive Payment, Voting Changes At 3 Companies

DOW JONES NEWSWIRES The California Public Employees' Retirement System said it is pushing for governance changes at three companies it is invested in, chiefly focusing on executive compensation, supermajority and plurality voting requirements. It said it supports a proposal for Chesapeake Energy Corp.'s (CHK) June 8 annual meeting that would remove a 67% supermajority voting requirement to amend or adopt new bylaws for the natural-gas producer. At New York Community Bancorp Inc. (NYB), CalPERS is seeking to remove a plurality vote standard in favor of a majority vote standard at the banking company's June 7 annual meeting. For Nabors Industries Ltd. (NBR), CalPERS will push for shareholder approval of future severance agreements during the drilling contractor's June 5 meeting. Nabors was criticized recently for disclosing a $100 million severance-style deal for its departing chief executive, Eugene Isenberg, who later agreed to waive his rights to the payment. The payment would have been one of the largest executive paydays in recent years. -By Ben Fox Rubin, Dow Jones Newswires; 212-416-3108;

Stock News for Nabors (NBR)
11/06/201517:49:40Quarterly Report (10-q)
11/03/201517:19:57Current Report Filing (8-k)
10/28/201506:02:53Current Report Filing (8-k)
10/27/201521:10:00Nabors Posts Loss
10/27/201516:18:00Nabors Announces Third Quarter Results
10/27/201516:18:00Nabors Announces Third Quarter Results
10/22/201509:35:06Schlumberger Limited's Ominous Warning to Oil-Field Service Investors
10/05/201516:01:00Nabors Industries Ltd. Third Quarter 2015 Earnings Conference...
10/05/201516:01:00Nabors Industries Ltd. Third Quarter 2015 Earnings Conference...
10/01/201514:42:12Statement of Changes in Beneficial Ownership (4)
10/01/201514:36:33Statement of Changes in Beneficial Ownership (4)
10/01/201509:02:10Current Report Filing (8-k)
09/30/201511:06:00Stock Summaries from the Basic Materials Sector - Nabors Industries...
09/09/201509:02:05Current Report Filing (8-k)
08/26/201506:02:51Current Report Filing (8-k)
08/05/201516:02:17Quarterly Report (10-q)
08/05/201510:00:19U.S. Hot Stocks: Hot Stocks to Watch
08/04/201518:30:21Nabors Swings to Loss
08/04/201517:02:36Current Report Filing (8-k)
08/04/201516:15:00Nabors Announces Second Quarter Results

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