Archbishop Stepinac High School, in White Plains, N.Y., is one of the first schools in the U.S. to do away with paper textbooks. Instead, the all-boys prep school requires students to use tablets and laptops in class. (Data provided by Statista.com.)
NYS Entity Status
NYS Filing Date
JUNE 17, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - KNOWLEDGE INDEX CORPORATION
AROUND THE WEB
- A High School Without Textbooks
Tuesday Oct 8, 2013
- Index Funds Are Great for Investors, Risky for Corporate Governance
Friday Jun 23, 2017
One solution is to abstain from voting, leaving decisions to those with an incentive to be informed.
- Hidden in Plain Sight: A Powerful Way to Beat the Market
Tuesday Jun 13, 2017
Few investors read corporate disclosures because they are boring and rarely change. But a strategy based on changes in the documents beats the market by 22 percentage points a year.
- Shareholders re-elect Wells Fargo directors, some just barely
By Kathleen Pender - Thursday Apr 27, 2017
Wells Fargo shareholders re-elected all 15 of the company’s directors at the company’s annual meeting in Florida Tuesday, despite calls that some should be jettisoned for not acting sooner to prevent the fraudulent-account scandal that has engulfed the San Francisco bank since September.The individual directors received votes in favor ranging from 53 to 99 percent.A vote as low as 53 percent is highly unusual in the corporate world, where directors are routinely re-elected with percentages in the high 90s.In 2016, only 44 directors at the 3,000 U.S. companies in the Russell 3000 index failed to win a majority vote, according to the Council of Institutional Investors.Both are members of the board’s corporate responsibility committee, which oversees political, environmental and consumer lending risks, as well as customer service and complaints.Peña is a former U.S. secretary of the energy and transportation departments.The overall vote is “a significant show of opposition to board members,” said Greg Waters, a research director with Glass Lewis, a San Francisco firm that advises large shareholders how to vote in corporate elections.After the vote was announced, Sanger said that stockholders had sent the board “a message of clear dissatisfaction.”At one point during the three-hour meeting, Sanger called a recess so that a shareholder could be removed.The shareholder, Bruce Marks, CEO of the nonprofit Neighborhood Assistance Corporation of America, would not stop demanding to hear from each individual director about their knowledge of fraudulent account openings.Glass Lewis recommended voting against the four longest-serving members of the corporate responsibility committee.Institutional Shareholder Services, another proxy advisory firm, recommended voting against 12 directors for “failure to provide sufficient timely risk oversight.”“I am surprised that everybody received a majority vote,” said Jason Schloetzer, an associate business professor at Georgetown University.Schloetzer said receiving a low percentage of the vote could have “a negative spillover effect” for Wells Fargo directors serving on other corporate boards.The state’s two largest public pension funds — the California Public Employees’ Retirement System and the California State Teachers’ Retirement System — both voted against the company’s nine longest-tenured directors for oversight failures.Berkshire Hathaway, the bank’s largest shareholder with a roughly 10 percent stake, said it was voting in favor of the entire slate of directors.The board formed a committee to launch an in-depth investigation of the unauthorized account openings on Sept. 25.A report on the investigation issued April 10 found “mass terminations” of employees for sales practice violations dating back to “at least 2002.”Wells Fargo said last week it would increase the size of a preliminary class-action settlement to $142 million to cover claims arising from fraudulent accounts dating back to 2002.Based on preliminary results, here is the approximate percentage of shareholder votes cast in favor of each Wells Fargo director at Tuesday’s annual meeting.
- Corporate America Couldn’t Just Let Us Enjoy The Eclipse
By Jeff Beer - Monday Aug 21, 2017
Because everything, even the moon temporarily blotting out the sun, is a commercial opportunity.
There was a moment in modern marketing–and it was just a moment, right around the time social media still felt like a new, fun club we all just joined, but not yet a required media outlet–that a well-timed tweet from a brand to acknowledge, pay tribute to, or joke about a cultural event would be well received, and maybe even thoroughly enjoyed. The Oreo dunk heard ’round the (advertising) world, perhaps a well-timed Denny’s or Arby’s tweet. But then, as with all great ideas, soon rumbled the rest of the herd, and before you knew it White Castle was #NeverForgetting.