On November 6, 2014, Glass Lewis & Co. released its 2015 Proxy Paper Guidelines for the United States showing the key draft policy changes for the 2015 proxy season. There are updates in the following areas:

• Governance Committee Performance;
• Board Responsiveness to Majority-Approved Shareholder Proposals;
• Vote Recommendations Following an IPO;
• “Material” Transactions with Directors;
• Management Say-on-Pay Proposals; and
• Proposals to Adopt or Amend Employee Stock Purchase Plans.

View full memo, Glass Lewis Releases 2015 Proxy Paper Guidelines