Council of Institutional Investors

Section: May 13, 2021 | Vol 26, Issue 18
Paycom Software ’s Poor Response to 2020 Say-on-Pay Fail Cost It Votes this Year
The say-on-pay proposal that came to a vote at Paycom Software’s May 3 annual meeting failed to pass, receiving the support of a paltry 30.3% of the votes cast.
Two More Large Companies See Executive Pay Voted Down
The number of defeated say-on-pay proposals this proxy season continues to mount.
Law Professor Rebuts Argument that Nasdaq Board Diversity Proposal Could Sink Stock Prices
In a Columbia Law School blog post, Professor Richard Painter rebuts a paper by Harvard Law School Professor Jesse Fried arguing that Nasdaq’s proposed board disclosure listing could result in lower share prices at those firms.
Australian Treasury Floats Proposal to Ramp Up Regulation of Proxy Advisors
The Australian Treasury is seeking comments on a consultation paper proposing further regulation of proxy advisors.
Upcoming Annual Meetings Featuring Shareholder Proposals Filed by CII Members
Each proxy season, CII highlights upcoming annual meetings at which shareholder proposals filed by CII members will come to votes.