TheCorporateCounsel.net

Last October, Glass Lewis announced plans to change the firm’s approach to delivering advisory services, contemplating a move away from singularly focused research and vote recommendations based on a global voting policy toward providing multiple perspectives that reflect the viewpoints of clients. This August, Glass Lewis sent a message to clients outlining its proposed new approach for a multi-perspective framework and describing how it will solicit client comment.

On Wednesday, the proxy advisor announced that it has now opened a comment period on the four perspectives that will underpin its research beginning in September 2027 and is soliciting feedback from both institutional investor and corporate stakeholder groups.

As part of the comment period, Glass Lewis is making available on its website a consultation paper and survey questionnaire. The firm is also providing a companion paper that presents a comparison of the perspectives at the proposal category level. All survey responses may be submitted anonymously, and no individual or organization will be identified in the published findings. After the comment period closes on October 16, Glass Lewis will share the results on its website and, shortly thereafter, make available the market-specific guidelines across the four perspectives.

To give stakeholders ample time to understand and evaluate the new perspectives, Glass Lewis will continue to offer its Benchmark Voting Policy Guidelines and Proxy Paper research reports for the 2027 Proxy Season.

Updates to its Benchmark Voting Policy Guidelines for the 2027 proxy season will be released early next month.

– Meredith Ervine