Proxy Advisory Firms Update Policies with Respect to Executive Compensation for the 2015 Proxy Season

November 11, 2014

Two of the leading shareholder proxy advisory firms, Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. ("Glass Lewis"), released updates to their proxy voting guidelines for the 2015 proxy season. In sum, there is a new, “more nuanced” approach to evaluating equity incentive plan proposals, and a new focus on employee stock purchase plans and one-off awards granted outside an incentive plan.

Read "Proxy Advisory Firms Update Policies with Respect to Executive Compensation for the 2015 Proxy Season."