Archives: Executive Compensation (US)

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ISS and Glass Lewis Release 2013 Policy Updates

Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co., LLC (“Glass Lewis”) recently updated their proxy voting guidelines for the 2013 proxy season.  The complete 2013 Updates to ISS’s U.S. Corporate Governance Policy are available here.  Key updates from both proxy advisors relating to executive compensation and compensation-related matters are discussed below.  While the … Continue Reading

Independence Standards for Compensation Committees Proposed by NYSE and Nasdaq

The New York Stock Exchange (NYSE) and Nasdaq recently filed proposals with the SEC setting forth standards to determine the independence of (a) a member of a compensation committee, and (b) a compensation consultant, legal counsel, or other advisor to a compensation committee.  The exchanges’ proposals generally follow Rule 10C-1, which the SEC adopted in … Continue Reading
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