February 1, 2011
Say-on-Pay: 39 Investors Jointly Call for Annual Frequency
– Broc Romanek, CompensationStandards.com
On the heels of the first group of annual meetings experiencing a surprising number of majority (not even a plurality) votes for annual frequency – even though the companies had recommended triennial – a group of 39 institutional investors (with combined assets under management of $830 billion) issued this press release yesterday urging companies to recommend an annual frequency. This may add to the pressure for companies to go the annual route…
Webcast Transcript: “The Latest Developments: Your Upcoming Proxy Disclosures – What You Need to Do Now!”
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