Core Viewpoint - Emerson Electric held its 2026 Annual Meeting of Shareholders, where shareholders voted on the election of directors, fiscal 2025 performance, and several proposals, including a board declassification amendment that ultimately failed to pass. Group 1: Shareholder Meeting Outcomes - Shareholders voted to reelect directors Martin Craighead, Gloria Flach, and Matthew Levatich for three-year terms expiring in 2029, with substantial majority support [1][5] - The board declassification proposal did not receive the required 85% approval and was therefore not approved [5][8] - The advisory say-on-pay proposal for fiscal 2025 received approximately 90% support, while the ratification of KPMG as auditor garnered about 92% approval [4][7] Group 2: Financial Performance - Emerson reported a "solid fiscal 2025," with sales increasing by 3%, operating cash flow up by 11%, free cash flow up by 12%, and earnings per share (EPS) rising by 43% (adjusted EPS up by 9%) [4][10][16] - The company highlighted key portfolio actions, including the acquisition of Aspen Technology, integration of National Instruments, and divestiture of Copeland, aimed at strengthening its automation portfolio [4][11] Group 3: Voting and Proxy Details - As of the record date, Emerson had 562,302,093 shares of common stock outstanding, with proxies and ballots received for 495,357,307 shares, representing over 88% of shares entitled to vote [2] - The meeting was conducted in accordance with Emerson's bylaws and included four proposals, with the results to be disclosed in a Form 8-K filing within four business days [3][12]

Financial Data and Key Metrics Changes - The company reported a solid fiscal 2025 with sales and underlying sales increasing by 3% [10] - Operating cash flow rose by 11%, while free cash flow increased by 12% [10] - Earnings per share surged by 43%, and adjusted earnings per share grew by 9% [10] Business Line Data and Key Metrics Changes - The acquisition of Aspen Technology, along with the integration of National Instruments and the divestiture of Copeland, has created a cohesive automation portfolio [10] Market Data and Key Metrics Changes - No specific market data or key metrics changes were provided in the meeting [10] Company Strategy and Development Direction - The company is focused on transforming into a global automation leader for mission-critical industries [10] - The recent acquisitions align with long-term secular trends and the investing priorities of customers [10] Management Comments on Operating Environment and Future Outlook - Management highlighted the dedication of global teams in achieving fiscal 2025 results and emphasized the importance of the recent acquisitions in driving future growth [10] Other Important Information - The proposal to amend the company's Restated Articles of Incorporation to declassify the board of directors was not approved, failing to receive the required 85% of outstanding shares voting in favor [11] Q&A Session Summary - There were no questions from shareholders pertaining to the matters being voted on at the meeting [10]

Financial Data and Key Metrics Changes - The company reported a solid fiscal 2025 with sales and underlying sales increasing by 3% [10] - Operating cash flow rose by 11%, while free cash flow increased by 12% [10] - Earnings per share surged by 43%, and adjusted earnings per share grew by 9% [10] Business Line Data and Key Metrics Changes - The acquisition of Aspen Technology, along with the integration of National Instruments and the divestiture of Copeland, has created a cohesive automation portfolio [10] Market Data and Key Metrics Changes - No specific market data or key metrics changes were provided in the meeting [10] Company Strategy and Development Direction - The company is focused on transforming into a global automation leader for mission-critical industries, aligning with long-term secular trends and customer investment priorities [10] Management's Comments on Operating Environment and Future Outlook - Management highlighted the dedication of global teams in achieving fiscal 2025 results and emphasized the importance of recent acquisitions in enhancing the company's automation capabilities [10] Other Important Information - The proposal to amend the company's Restated Articles of Incorporation to declassify the board of directors was not approved, failing to receive the required 85% of outstanding shares voting in favor [11] Q&A Session Summary - There were no questions from shareholders pertaining to the matters being voted on at the meeting [10]

Core Viewpoint - The Caldwell Partners International Inc. has appointed Ernst & Young LLP as its new auditor, effective January 5, 2026, following the resignation of KPMG LLP as the former auditor on the same date [1]. Group 1 - The Caldwell Partners International Inc. is a talent acquisition firm [1]. - Ernst & Young LLP is referred to as the Successor Auditor [1]. - KPMG LLP resigned at the request of the Corporation, marking the transition to a new auditing firm [1].

Financial Data and Key Metrics Changes - The company held its 2025 Annual Meeting of Stockholders, confirming a quorum was present, indicating strong shareholder engagement [3][4] - The appointment of KPMG LLP as the independent registered public accounting firm for the 2025 fiscal year was ratified, reflecting confidence in the company's financial oversight [6][8] Business Line Data and Key Metrics Changes - No specific financial data or business line metrics were provided in the meeting records Market Data and Key Metrics Changes - No specific market data or metrics were discussed in the meeting records Company Strategy and Development Direction and Industry Competition - The company is focused on maintaining strong governance with the election of directors to serve until the 2026 Annual Meeting, indicating a commitment to stability and continuity in leadership [4][5] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting Other Important Information - The meeting concluded with an invitation for questions from shareholders, indicating an open line of communication for stakeholder engagement [9] Q&A Session Summary - No questions or answers were recorded during the meeting, as the focus was primarily on formal business and the election of directors [9][10]

About Octave Octave Specialty Group, Inc. is a global specialty insurance firm that builds, buys, and scales niche insurance distribution and underwriting businesses. With a focus on operational excellence, disciplined growth, and innovation, Octave is creating a harmonized portfolio of companies that deliver exceptional performance and long-term value for shareholders. For more information, visit www.octavegroup.com. NEW YORK--(BUSINESS WIRE)--Octave Specialty Group, Inc. (NYSE: OSG) today announced that a ...

Octave Specialty Group, Inc. is a global specialty insurance firm that builds, buys, and scales niche insurance distribution and underwriting businesses. With a focus on operational excellence, disciplined growth, and innovation, Octave is creating a harmonized portfolio of companies that deliver exceptional performance and long-term value for shareholders. For more information, visit www.octavegroup.com. NEW YORK--(BUSINESS WIRE)--Octave Specialty Group, Inc. (NYSE: OSG) today announced that as a result of ...

（来源：四大新鲜事儿） 来源：四大新鲜事儿 利伯特于2023年9月加入董事会，并自2025年10月1日起担任临时集团主席。他拥有丰富的金融服务行业 经验，包括在KPMG领导全球金融服务业务，为国际银行提供顾问及审计服务，以及在BP、苏格兰皇 家银行和汇丰董事会任职。 是项决定乃于综合考虑集团内外人选的严谨程序后作出。 港股上市公司汇丰控股(00005.HK)于2025年12月3日发布了《集团主席之继任》公告。公告显示，董事 会委任利伯特为集团主席。 领导该程序的高级独立董事高安贤表示：作为董事会代表，我很高兴利伯特获委任为集团主席。自出任 临时集团主席以来，利伯特凭借银行及管治范畴的深厚积累，展现了卓越的领导才能。 利伯特表示：能够担任汇丰集团主席，本人深感荣幸。我很期待继续与董事会、艾桥智和更广泛的管理 团队携手合作，达成集团的策略和财务目标。 利伯特将继续担任集团监察委员会主席一职，直至2026年2月发布2025年业绩之时。汇丰将于适当时候 公布此职务继任的最新情况。 详细如下： 根据汇丰控股2024年年报披露，利伯特（75岁）个人简历如下： 才能及经验：在英国及国际金融及审核方面拥有深厚的专业知识及丰富 ...

Core Insights - JPMorgan Chase & Co. is allowing managers to use artificial intelligence (AI) for writing performance reviews, which may alleviate the burden of this annual task while raising concerns about the quality of feedback provided to employees [1][2] Group 1: AI Integration in Performance Reviews - The use of AI in annual assessments can save time for managers and potentially yield more useful feedback compared to traditional human-only evaluations [2] - JPMorgan's guidelines emphasize that AI should assist but not replace human judgment, explicitly prohibiting its use for assigning performance scores or making pay and promotion decisions [2] Group 2: Employee Perception and Credibility - Employees may perceive AI-assisted reviews as less credible, questioning whether their managers genuinely believe the feedback provided [5] - There is a risk that AI-generated reviews could be overly positive, failing to address performance issues adequately, which could lead to employee cynicism regarding the review process [5] Group 3: Broader Industry Trends - Companies are increasingly evaluating how employees utilize AI, with firms like KPMG and Shopify incorporating AI usage into their review criteria [6] - Other companies, such as Rippling, are developing systems that assess employee performance more comprehensively, categorizing new hires based on their output during the initial 90 days [8] Group 4: Limitations of AI in Performance Evaluation - HR experts caution that AI has limitations in performance evaluation, emphasizing the need for a clear definition of success at both the company and individual job levels [9][10] - Effective performance reviews still require thoughtful consideration of what constitutes good performance, indicating that AI cannot fully replace human insight [10]

Core Insights - Verizon Business has equipped KPMG's new U.S. headquarters with a dedicated network powered by Verizon 5G, enhancing connectivity for clients and employees [1][2] - The Neutral Host Network solution aims to provide high-performance connectivity, facilitating collaboration and decision-making [2][3] - This partnership reflects a commitment to innovation and digital transformation, particularly in enhancing workplace experiences and operational efficiency [3] Company Developments - KPMG's new headquarters at Two Manhattan West is designed to offer a tech-enabled experience, supported by Verizon's advanced network solutions [2] - The collaboration between KPMG and Verizon is an expansion of their long-standing partnership, focusing on delivering reliable connectivity [3] - Verizon's Neutral Host Network will connect devices to the public networks of major U.S. carriers, simplifying in-building coverage [2] Industry Trends - Neutral Host Networks are increasingly adopted by large enterprises to reduce operational complexity and future-proof network investments [2] - The deployment of such networks is indicative of how organizations are rethinking workplace experiences to enhance employee satisfaction and business outcomes [3] - Verizon's focus on 5G and mobile edge compute solutions highlights the ongoing digital transformation in sectors like healthcare and life sciences [3]