Early Proxy Results Signal Investors Want Annual Say on Executive Pay

Shareholders strongly favor maintaining annual say-on-pay votes, even though the majority of investors back company executive compensation plans, according to a report from ISS Analytics, a unit of the nation’s biggest proxy adviser.

Investors this year get to weigh in on how frequently companies should seek their opinion on executive remuneration plans. This is the second time shareholders get to decide on the frequency of the executive compensation approval ballot since 2011, when the rules first came into effect. Investors could opt to hold the vote annually, once every two years, or every three years. READ MORE