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Oct 18, 2012

ISS Publishes 2013 Draft Policies; Requests Comments by October 31, 2012

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On October 16, 2012, Institutional Shareholder Services Inc. (“ISS”) published its draft policies for the 2013 proxy season (the “Draft Policies”). The US compensation-related Draft Policies address: (i) management say-on-pay proposals; (ii) say on golden parachute proposals; (iii) environmental and social non-financial performance compensation-related proposals; and, indirectly, (iv) board response to majority-supported shareholder proposals. The comment period closes on October 31, 2012 and ISS will publish comments as it receives them. ISS’s final 2013 US and international policy updates are expected to be released on or around November 15, 2012 and the Global Policy Summary and Concise Guidelines in December.

View full memo, "ISS Publishes 2013 Draft Policies; Requests Comments by October 31, 2012"

Authors and Contributors

John J. Cannon III

Partner

Compensation, Governance & ERISA

+1 212 848 8159

+1 212 848 8159

New York

Kenneth J. Laverriere

Partner

Compensation, Governance & ERISA

+1 212 848 8172

+1 212 848 8172

New York

Doreen E. Lilienfeld

Partner

Compensation, Governance & ERISA

+1 212 848 7171

+1 212 848 7171

+1 650 838 3804

+1 650 838 3804

New York

Linda Rappaport

Of Counsel

Compensation, Governance & ERISA

+1 212 848 7004

+1 212 848 7004

New York