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Proxy season 2020: ISS and Glass Lewis update guidance

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Dec 09, 2019

On December 9, 2019, Norton Rose Fulbright released a summary of the Institutional Shareholder Services (ISS) and Glass Lewis' updated proxy voting guidelines for the 2020 proxy season.

Changes to the guidelines include director meeting attendance and committee meeting disclosure, director overboarding, board diversity, ratification of auditors and excessive non-audit fees, policies applicable to majority-owned/controlled companies, and executive compensation and contractual payments and arrangements. Unless otherwise noted, the revised guidelines are generally applicable to meetings held in 2020.

Review the following information:

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.