1. 2015 Proxy Season Results Show that Retail Investors Voted Against Proxy Access Proposals, According to New Report ...

    2015 Proxy Season Results Show that Retail Investors Voted Against Proxy Access Proposals, According to New Report ...

    NEW YORK, Aug. 27, 2015 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (BR) and PwC's Center for Board Governance today released their final ProxyPulse™ report for the 2015 season. Of the over 80 proxy access proposals that came to a vote, 70% received the majority support of shareholders, averaging 57% of the shares voted.  Retail investors voted their shares against proxy access in ...

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    1. Shareholder rights appeared to be a driving force behind proxy access proposals this season -- rather than dissatisfaction with specific company directors.
    2. New rules from the SEC on CEO pay-ratio disclosure, and anticipated rules on clawbacks and pay for performance disclosure could influence say-on-pay voting in the future.
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