Agenda – Director Support Drops After So-So Say-on-Pay Votes
June 28, 2022
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.
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