Board scenario models at Walmart, plus Amgen won’t move your piano

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

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88 Filings since May 14th

The headlines

BP ousts chair over ‘serious’ governance, oversight concerns