2007 Post-Season Preview
Submitted by: Sarah Cohn, Director of Communications
ISS is pleased to make available its 2007 Post-Season Preview article. During the 2007 proxy season, shareholders gave greater support to proposals seeking advisory votes on executive pay, majority voting in director elections, and the right to call special meetings. "Clawback" and golden parachute resolutions also fared better this year, as did new resolutions seeking reforms in stock option practices and how companies calculate supplemental retirement benefits.
Pay-related proposals received the most attention; almost 40 proposals that seek an annual shareholder vote on compensation—or "say on pay"—have been voted on. To learn more about proxy season 2007 developments, visit here.
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