Preparing For 2013 Proxy Season: Insights From 2012

Law360, New York (October 17, 2012, 2:19 PM EDT) -- Having reached the conclusion of the 2012 proxy season, we can report that approximately:

69 percent of say-on-pay proposals passed with more than 90 percent support; 21 percent passed with between 70.1 and 90 percent support; 7 percent passed with between 50 and 70 percent support; and 3 percent (53 companies) obtained less than 50 percent support.

While the overall proportions generally are similar to last year’s results, it should be noted that in 2011 only 37 say-on-pay proposals obtained less than 50 percent support. Please...
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