Summary
This episode explores the implication of Say-on-Pay (SOP) vote support levels for the subsequent year’s proxy disclosures. Specifically mentions what ISS is looking for if SOP vote receives less than 70% support.
See ISS’s U.S. Compensation Policies, Frequently Asked Questions, Updated December 14, 2017, Q. 16 for implications for subsequent year proxy of a SOP vote receiving less than 70% support.