June 13, 2019
Glass Lewis Teams Up With CGLytics for Pay Data & Analysis
– Liz Dunshee
Glass Lewis & CGLytics have been partnering on compensation & data analytics in Europe for a while now. Last week, they announced that they’re expanding that collaboration to North America. Glass Lewis will use CGLytics data as part of its peer group comparisons & pay-for-performance analysis – which underpin the proxy advisor’s voting recommendations on Say-on-Pay and other executive pay topics – as well as its “Proxy Paper” research reports. They’ll also integrate the data into the proxy voting policies of institutional investors via “Viewpoint” (their vote management service that implements those custom policies). Here’s more detail (also see the product page):
Glass Lewis’ Say on Pay analysis will now also be available via CGLytics’ proprietary platform, giving investors, issuers, advisors and board members the exact same data, tools and insights Glass Lewis uses to review and model CEO and executive compensation plans, and prepare for engagements with all stakeholders. Combining Glass Lewis’ proprietary policies and methodologies and CGLytics’ extensive data and analytical tools, the two companies will give all market participants unprecedented transparency and access into Glass Lewis’ compensation analysis that was not widely available and is needed for successful governance and stewardship in the modern digital age.