trending Market Intelligence /marketintelligence/en/news-insights/trending/opdzys4ant396ywilv1mmg2 content esgSubNav
In This List

Foot Locker amends bylaws to adopt proxy access

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective

Blog

Insights Weekly: Midstream sector gains; loan growth momentum; insurance M&A on the rise


Foot Locker amends bylaws to adopt proxy access

U.S. apparel and footwear retailer Foot Locker Inc. on Feb. 20 amended its bylaws to adopt a proxy access provision, effective immediately, according to a Feb. 22 regulatory filing.

The proxy access bylaw allows a shareholder or a group of up to 20 shareholders who have continuously owned 3% or more of the company's outstanding shares for a minimum of three years to submit director nominees of up to two people or 20% of the board, whichever is greater.

The company also added a bylaw to require all director nominees to provide certain information, representations and agreements to Foot Locker to be eligible for election to the company's board.