Episode Details

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

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 for Health Reasons

The company says it will begin a comprehensive CEO search process to succeed her

NEOs

Linda Rendle 47/2016 Chair/CEO (2020-)

Nina Barton 52/2024 Group President – Care & Connection

Luc Bellet 47/2025 CFO

Listen Now