NYC Bar Center: Say on Pay 2012

NYC Bar Center: Say on Pay 2012

December 23 2011

March 6, 2012
New York, NY
SH&P Speaker:  Steven Hall

Topic:  Say on Pay 2012: Planning & Tactics

With the inaugural universal say on pay votes now in the rear-view mirror, companies are planning for 2012. Some have suggested that investors were cautious in casting “no” votes last year, but that in 2012 the “gloves will come off.”  Join an experienced panel of practitioners – from the institutional investor, proxy advisory, compensation consulting and corporate governance fields – as they share their perspectives and real-world experiences on:

  • Lessons learned from 2011, including practical advice on avoiding, or counteracting, a “no” recommendation from aproxy advisory firm, including evolving CD&A bestpractices, peer group construction, supplemental proxy filings, and shareholder outreach programs;
  • New trends, including what companies should be doingnow to take heed of ISS’s 2012 policy changes, includingtheir new policy regarding votes of less than 70% in favor
  • The reasons underlying the failed say on pay votes/near misses experienced by some companies, and the currentstatus and impact of, and prospects for, say on pay-based lawsuits;
  • Whether say on pay is on track to turn into “pay as I say”as some companies feel increasingly forced to craft compensation policies and practices that “toe the line” set byproxy advisory firms.