June 15, 2021 Thoughtful Pay Alerts
SEC to Revisit Regulation of Proxy Advisory Firms
Download a pdf of this article » On June 1, 2021, the new Chair of the Securities and Exchange Commission, Gary Gensler, directed the Staff to consider whether to revisit the SEC’s 2019 interpretive guidance and 2020 rule amendments that would subject proxy advisory firms, primarily Institutional Shareholder Services (“ISS”) and Glass Lewis (which control 95% of the...Read MoreMay 27, 2021 Thoughtful Pay Alerts
Board Gender Diversity in the Tech 200
Download a pdf of this article » A fundamental element of corporate governance is the composition of the board of directors. And while SEC rules require disclosure of how the board nominating committee considers diversity in identifying director candidates, such rules do not define the term “diversity,” leaving it to each company to determine what it means in the context of their business. As...Read MoreDecember 24, 2020 Thoughtful Pay Alerts
ISS Publishes Final FAQs and Burn Rate Tables for 2021 Proxy Season
Download a pdf of this article » Just prior to the holidays, Institutional Shareholder Services (“ISS”) has published several supplemental documents that elaborate on its U.S. executive compensation benchmark policy guidelines for 2021. These documents include FAQs for both its U.S. compensation and equity plan policies (including updated equity burn rate tables for the 2021 proxy season)....Read MoreDecember 23, 2020 Thoughtful Pay Alerts
Glass Lewis Publishes Updates to 2021 U.S. Voting Policy Guidelines
Download a pdf of this article » Glass Lewis & Co., Inc. has published updates to its voting policy guidelines for U.S. companies for the 2021 proxy season. In addition to various changes and clarifications to certain of its compensation-related policies, Glass Lewis also made updates to its policies related to the composition of the Board of Directors. These latter changes are in keeping...Read MoreNovember 24, 2020 Thoughtful Pay Alerts