Thoughtful Pay Alerts

ISS Issues Reminder about Updating Peer Group Ahead of 2020 Proxy Season

Download a pdf of this article » Institutional Shareholder Services (“ISS”) is inviting companies to update their self-constructed compensation peer groups in connection with its review of their executive compensation program during the 2020 proxy season. ISS considers a company’s self-selected compensation peer group to be one of the key inputs in developing the peer group that it uses to...Read More

Glass Lewis Publishes Update to 2020 U.S. Voting Policy Guidelines

Download a pdf of this article » Glass Lewis & Co., Inc., the corporate governance advisory services firm, recently published updates to its voting policy guidelines for U.S. companies for the 2020 proxy season. While there are no new executive compensation policies, Glass Lewis clarified its existing approach in several compensation-related areas, including evaluating the performance of...Read More

ISS Previews 2020 Policy Updates, Including a Policy on Multi-Class Stock Structures

Download a pdf of this article » As it does each fall, Institutional Shareholder Services (“ISS”), the corporate governance advisory services firm, has published a preview of the likely material updates to its proxy voting guidelines for U.S. companies for the 2020 proxy season. The preview highlights three proposed updates in the corporate governance area, each of which is of interest to the...Read More

Stock Plan Proposals at the Tech 150

Download a pdf of this article » In 2019, the number of employee stock plan proposals in the technology sector increased from the prior year. This Thoughtful Pay Alert summarizes our review of the employee stock plan proposals filed with the Securities and Exchange Commission among 150 representative publicly-traded technology companies over the past year, approximately 50% of which are...Read More

SEC Issues Proxy Voting Guidance for Investment Advisers and Proxy Advisory Firms

Download a pdf of this article » Recently, the Securities and Exchange Commission issued guidance to investment advisers on their proxy voting responsibilities under the Investment Advisers Act of 1940, including their reliance on proxy advisory firms (such as Institutional Shareholder Services (“ISS”) and Glass Lewis & Co.) to provide research and analysis and make voting recommendations...Read More