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  "documentTitle": "BlackRock (BLK)",
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  "authorName": "Giuseppe Bivona and Marco Taricco",
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  "presentationDate": "2024-04-09 00:00:00",
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  "notes": "The slide presents two distinct policy statements from major asset managers to demonstrate a nuanced, case-by-case approach to governance proposals.",
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      "text": "We will generally vote for proposals looking to separate the CEO and Chairman roles unless the company has governance structures in place that can satisfactorily counterbalance a combined chairman and CEO/ president post.",
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      "text": "Charles Schwab policy statement regarding board leadership structure and conditions for supporting separation of Chair and CEO roles.",
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      "text": "“CSIM believes that the board is typically best positioned to determine its leadership structure. Therefore, CSIM will typically not support proposals requiring the separation of these roles unless certain circumstances are in place.” — Charles Schwab Investment Management. “We will generally vote for proposals looking to separate the CEO and Chairman roles unless the company has governance structures in place that can satisfactorily counterbalance a combined chairman and CEO/ president post.” — JP Morgan Asset Management.",
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      "text": "1. Charles Schwab Investment Management, Inc. proxy voting policy as of March 2024. 2. JP Morgan AM - Global proxy voting guidelines March 2023.",
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      "text": "Other Leading Asset Managers are for a “case by case” approach (2/2)",
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