TheCorporateCounsel.net

September 14, 2023

More On Glass Lewis’s Policy Update Process

As Liz blogged last week, this year Glass Lewis is running a policy survey seeking feedback on specific governance, sustainability, and executive compensation topics, which is a departure from its less formal approach in prior years. NYSE’s ESG Advisory group recently highlighted in its ESG Top 5 newsletter that the survey is open to the broader community. The newsletter summarizes the survey’s topics as follows:

[G]overnance themes covered focus heavily on overboarding (should committee chair roles count as more than one board), mitigating factors for allowing multi-class shares, and one of our favorites, the validity of the “loyalty share” voting classes that give extra voting rights to long-term holders. On the E&S front, GL asks about the non-financial inputs to exec comp programs, as well as how to evaluate biodiversity and company GHG targets.

For valuable insight from ISS and Glass Lewis, sign up for our “Proxy Disclosure & 20th Annual Executive Compensation Conferences,” and do it soon because they’re happening next week already!  As Liz recently highlighted, our panel on “Navigating ISS & Glass Lewis” features a conversation with Rachel Hedrick – who is VP of US Executive Compensation Research at ISS – and Krishna Shah – who is Director of North America Executive Compensation at Glass Lewis – moderated by Davis Polk’s Ning Chiu.

The “Proxy Disclosure & 20th Annual Executive Compensation Conferences” are bundled together as one virtual event September 20-22nd. Register now. You can sign up online, by emailing sales@ccrcorp.com, or by calling 1-800-737-1271. Here’s the full agenda – and all of our awesome speakers.

Also, you can bundle the “Proxy Disclosure & 20th Annual Executive Compensation Conferences” with our “2nd Annual Practical ESG Conference” and get even more step-by-step guidance to conquer the “ESG overwhelm” that many of us our facing. That event is happening virtually on September 19th.

– Meredith Ervine