Davis Polk partner Ed FitzGerald and I spoke in December with Tapestry’s Compensation Committee Leadership Network (CCLN) on forthcoming SEC executive compensation rules, as summarized ...
The SEC has issued a statement, which, although no mention of the proxy access proposals is specifically made, addresses the controversy surrounding the SEC staff’s recent decisions to ...
The SEC announced its Office of Compliance Inspections and Examinations’ (OCIE) priorities for 2015, which focus on three areas: protecting retail investors, especially those saving for...
Vanguard has indicated that they are in the process of adding language to their proxy voting guidelines to communicate their views on proxy access. They intend to conduct outreach to indi...
Deloitte recently published a 127-page report on SEC comment letter trends that companies may find useful as they prepare their annual 10-K disclosures.
Recognizing that Keith Higgins and...
According to the Council of Institutional Investors (CII), the 2015 proxy season is off to an “explosive start” because of proxy access.
CII announced that it is sending letters to 16...
In late December, the National Association of Manufacturers, the Chamber of Commerce and the Business Roundtable (the Appellants) filed a supplemental brief in the ongoing conflict minera...
Although the SEC permitted Whole Foods to exclude a shareholder proposal asking the board to amend its bylaws to allow for proxy access on the basis of a conflicting management proposal t...
The FAQs issued by ISS on its new Equity Plan Scorecard (EPSC) model indicate that the revised model will consider, and score, a range of positive and negative factors, rather than use a ...
ISS recently issued new FAQs on its 2015 policy updates. As we discussed in our memo, a key change relates to how ISS will make recommendations for companies with shareholder proposals se...