April 25, 2012
Three Investors Update Their Proxy Voting Guidelines
– Broc Romanek, CompensationStandards.com
Recently, three investors updated their voting guidelines:
1. AFL-CIO proxy voting guidelines
2. Vanguard’s compensation principles [see this Towers Watson blog entitled “Into the Vanguard: Greater Transparency to the Shareholder Engagement Process“]
3. Florida State Board of Administration proxy voting guidelines [Among other changes, the guidelines advocate separation of CEO and chair roles “as part of any success planning event,” and indicates general support for proxy access proposals if they set a minimum equity ownership threshold of 1 percent and require at least a 1-year holding period]
Blog Preferences: Subscribe, unsubscribe, or change the frequency of email notifications for this blog.
UPDATE EMAIL PREFERENCESTry Out The Full Member Experience: Not a member of CompensationStandards.com? Start a free trial to explore the benefits of membership.
START MY FREE TRIAL