Institutional Shareholder Services Inc. (“ISS”) recently finalized its Proxy Voting Guidelines (the “ISS Guidelines”) that apply to all shareholder meetings held after February 1, 2016. A number of the updates relate to executive compensation matters, including changes to ISS’s US Equity Plan Scorecard. In addition, Glass, Lewis & Co., LLC (“Glass Lewis”) has posted its 2016 Guidelines (the “Glass Lewis Guidelines”), which clarify Glass Lewis’s compensation policies. This publication summarizes the compensation-related updates to both the ISS Guidelines and the Glass Lewis Guidelines.
View full memo, A Summary of Compensation-Related Updates to the Proxy Voting Guidelines of ISS and Glass Lewis