Good, Bad, or Indifferent? An Objective Look at Proxy Advisors
August 8, 2019
2-3 p.m. (EST)
Recent research shows that due to the structure of the models and evaluation approaches used by proxy advisors to determine support of say-on-pay proposals, a surprising number of public companies will eventually receive an “Against” vote recommendation. While management and boards are loath to receive a negative outcome, this finding is a potentially important frame of reference to evaluate your own company’s overall standing with and approach to ISS and Glass Lewis.
Join Pearl Meyer and NACD for an in-depth discussion on ways in which proxy advisors have shaped the executive pay model, for better and for worse. We will outline:
- When it is best to follow their guidance and when it’s best to go your own way;
- Strategies for engaging proxy advisors and key shareholders;
- What private companies can take away from proxy advisor guidance; and
- Predictions for the future.