2014 Proxy Season: Early Indications
While we are still in early days of the 2014 proxy season, trends are starting to emerge. The following update summarizes these developments:
- Institutional investors promote governance reforms and engagement efforts.
- Different forms of activism start to converge.
- Negotiating with activist shareholders.
- Board tenure is starting to draw attention.
- Say-on-pay trends.
- SEC agenda on governance matters grows.