[2] It maintains its headquarters in Washington, D.C..[1] The CII was founded in 1985 by 21 public pension fund officials and has grown to include over 140 institutional investors (public, union and corporate employee benefit plans and foundations and endowments) with combined assets of $5 trillion as of October 2023.
[4] These policies may relate to matters such as shareholder rights, executive compensation, CEO succession, and board refreshment.
As such, the CII is strongly against dual-class stock structures,[5][6] which create significant imbalances in corporate control.
The Council also engages with proxy advisory firms, which advise most institutional investors on shareholder voting matters.
[7] As of November 2022, Scott Zdrazil serves as chair of the board, along with co-chairs Margaret Foran, Thomas McIntyre, and Aiesha Mastagni.