ISS and Glass Lewis 2013 Executive Compensation Policies   | Both ISS and Glass Lewis recently released final policy guidelines for the 2013 proxy season. The primary executive compensation related changes have been highlighted below. Complete details for the ISS policy guidelines can be found here and for Glass Lewis can be found here. Some of [read more]

ISS Releases Proposed Modifications to Executive Compensation Evaluation Policy   | On October 16, 2012, ISS posted its 2013 Draft Policies for comment by institutional investors, companies and other members of the governance community. While the conceptual framework has been provided, complete details are not. However, these draft policies have traditionally served as a preview of [read more]

Appendix: ISS Proposed Modifications to Executive Compensation Evaluation Policy   | Management Say-On-Pay Proposals Peer GroupIncorporate company’s own selected peers as an input to ISS’s peer group methodology Under the proposed methodology, in addition to using market cap, revenues (or assets for financial firms), and the target company’s GICS code when selecting 14-24 companies for the [read more]

A Preview of Key Executive Compensation Issues for the 2013 Proxy Season: Results of ISS’ 2012-2013 Policy Survey   | ISS recently released the results of their annual survey of institutional investors and companies on emerging corporate governance issues. ISS considers the survey a critical component of its annual policy review and formulation process. Similar to last year’s results, both investors and companies believe that [read more]

Highlights and Next Steps for Companies regarding Proposed Listing Standards for Compensation Committees as Required Under Dodd-Frank Act   | Executive Summary On September 25, 2012, both the New York Stock Exchange (“NYSE”) and the Nasdaq Stock Market LLC (“Nasdaq”) proposed changes to their respective public company listing standards with respect to the Compensation Committee and committee advisor independence requirements pursuant to Exchange Act Rule [read more]