Equilar Accepting Peer Group Updates Used by Glass Lewis for SoP
Equilar is accepting peer group updates through December 31st to include in its 2019 Equilar Market Peers calculation and for use by Glass Lewis to generate the peer groups used in formulating its Say-on-Pay recommendations. All submitters may opt to be notified when their company's Glass Lewis proxy paper becomes available.
See Equilar's FAQs, and this post from Exequity's Ed Hauder.
How to Manage & Respond to Proxy Advisor Recommendations on Say-on-Pay
Relatedly, "A Say-on-Pay Update — Plus Strategies for Responding to a Negative Recommendation by a Proxy Advisory Firm" from Davis Polk/Semler Brossy provides an overview of the say-on-pay evaluation processes of ISS and Glass Lewis, explains a possible future change to financial metrics used in ISS's evaluation process (see our report on EVA-based Financial Performance Assessment here), and suggests strategies companies facing possible or actual negative say-on-pay recommendation may consider before the shareholder vote and after the vote to avoid negative recommendations in future years.
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Access additional information & resources on our Say-on-Pay and Proxy Advisors pages. These posts first appeared in the weekly Society Alert!
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