2011: Say on Pay – Identifying Investor Concerns

The Council of Institutional Investors have released a report by Farient Advisors analyzing investor motivations to vote against “Say on Pay” at companies where the proposal failed to receive majority support at 2011 annual meetings. It draws on data from 37 companies whose pay plans fell short of majority support between January and July 2011, as well as interviews with institutional investors, investment management firms, proxy advisers and solicitors, and company officials.