December 13, 2010
Say-on-Pay: What Four Frequency Choices Looks Like
– Broc Romanek, CompensationStandards.com
In our “Say-on-Pay” Practice Area, I have posted a sample voting instruction form created by Broadridge (check out the director names!) with the four alternatives for the “say-when-on-pay” proposal (i.e., 1-, 2-, 3-year, abstain) that most companies will be placing on their ballot this proxy season.
I am also wrapping up the Winter 2011 issue of the Compensation Standards newsletter that will be out right after New Year’s Day (available to all 2011 members of CompensationStandards.com). This issue will contain more practical guidance on say-on-pay preparation, supplementing the July-August 2010 issue of The Corporate Counsel that I wrote a few months back. One topic I tackle is what you need to check now to ensure that Broadridge’s systems work properly with other players in the meeting process so that tabulation is done correctly. Since all memberships expire at the end of this month, renew now to receive this issue as soon as it’s out.