An interesting no-action letter request has been submitted to the SEC to exclude a proxy access proposal submitted by Ken Steiner.
Sunoco Products Company argues that neither the proponen...
Ethan Allen’s seven nominees for the company’s board received overwhelming support in the recent proxy contest against the six candidates proposed by Sandell Asset Management.
The con...
Beginning today, ISS is accepting updates to companies’ self-selected compensation benchmarking peers, if those companies have annual meetings scheduled between February 1, 2016 and Sep...
ISS and Glass Lewis have updated their proxy voting guidelines. Key changes include policies on overboarding by public company directors and unilateral governance changes by boards.
ISS has issued its updates to its proxy voting guidelines effective for meetings on or after February 1, 2016.
The policy update is quite brief and does not address many of the questions ...
In a speech focused on executive compensation disclosure, Keith Higgins raised a number of possible rule changes that he believes could make executive compensation more useful to investor...
CalPERS is considering changing its proxy voting policies to account for issues of director tenure. New language in its governance principles could state that director independence may b...
Glass Lewis updated its voting guidelines that apply to the 2016 proxy season. There are limited revisions from the prior policies, which include:
Overboarding. Beginning in 2017, Glass L...
In preparing for the upcoming proxy season, it is helpful to examine the information that investors provide about their most recent voting and engagement efforts. We start with Vanguard....
A global trade association of 64 stock exchanges, the World Federation of Exchanges (WFG), has recommended that its member exchanges voluntarily incorporate a set of 34 ESG factors into l...