The Advisors' Blog

– Broc Romanek, CompensationStandards.com

There have been many more failures during the past few days, including one more that failed three years in a row! At three-peater Nabor Industries, two comp committee members failed to receive majority support and tendered their resignations, which were not accepted by the board – and as noted in this WSJ article, the company engaged in some shady vote counting on its proxy access proposal. Wow…:

– Sonus Networks – Form 8-K (49%)
– Consolidated Water – Form 8-K (49%)
– Vocus Form 8-K (45%)
– Lifepoint Hospitals – Form 8-K (43%)
– Spansion – Form 8-K (49%)
– Nabors Industries – Form 8-K (33%; also failed in 2012 with 25% and in 2011 with 42%)
– OpenTable – Form 8-K (47%)
– FTI Consulting – Form 8-K (41%)

Thanks to Karla Bos of ING for the heads up on these!