June 4, 2012
Say-on-Pay: Now 39 Failures – And 1st Company to Fail Despite Favorable ISS Recommendation!
I’ve added 7 more companies to CompensationStandards.com’s failed say-on-pay list for 2012. We are now at 39 companies in ’12 that have failed to garner major support – with Digital River garnering support only in the teens (19.2%; going even lower than Chiquita Brands)! And Safety Insurance Group became the first company to fail after receiving a ‘For’ recommendation from ISS, as noted in this Semler Brossy blurb. Hat tip to Karla Bos of ING Funds for keeping me updated!
More on “The Mentor Blog”
We continue to post new items daily on our blog – “The Mentor Blog” – for TheCorporateCounsel.net members. Members can sign up to get that blog pushed out to them via email whenever there is a new entry by simply inputting their email address on the left side of that blog. Here are some of the latest entries:
– California Considers Legislation to Repeal its Corporate Long-Arm Statute
– ABA Spring Meeting: Corp Fin Notes
– The Bought Deal Bible
– Risky Business: What If the CEO Has a Risky Hobby?
– ABA’s Internal Controls Comment Letter to COSO
Deal Cube Tournament: Round One; 8th Match
As noted in these rules (and keep sending more pics for the next tourney), please vote for two of the following four cubes below:
– “You Don’t Bring a Knife to a Gunfight”
– Project Cornfield w/ Cornfield
– LU Chocolate
– Swirly
– Broc Romanek