Say on Pay Failure Results 2017
Of the 7% of Russell 3000 companies that received “against” vote recommendations from ISS on their say on pay proposals this 2017 proxy season, some of the cited reasons for the negative vote recommendations from ISS consisted of the following: Pay for failure (i.e., pay for performance disconnect). Lack of rigorous performance goals. A substantial […]
|
1 min read
|
Tagged: corporate governance, governance, ISS, performance, problematic pay practice, proxy, Say on Pay, severance payments
GG
Greg Gautam
Partner