Agenda – Director Support Drops After So-So Say-on-Pay Votes

Investors who repeatedly express dissatisfaction over pay-for-performance alignment are beginning to vote against directors, according to this article in Agenda which cites Farient data and Eric Hoffmann, who leads the Farient Information Services and the Data Analytics Team (DAT). The likelihood of investors turning against directors increases dramatically after three years in a row of low Say-on-Pay votes, according to Hoffmann.

Farient Brief: Investor Dissatisfaction on Executive Pay Continues to Rise This Proxy Season

In The News: Financial Times – US investors rebel against high executive pay