Skadden's "Planning Ahead: Virtual Shareholder Meetings in the 2021 Proxy Season" provides sound guidance to all companies aiming to be prepared for a planned or potential 2021 virtual annual meeting in the context of not knowing whether and how in-person meetings will be feasible. The memo encourages companies to take steps now to optimize the circumstances with the benefit of 2020 experiences, preparation time, and "lessons learned."
See also LUMI's "The Global AGM Report," revealing that 20% and 80% of US corporate secretaries and industry professionals surveyed anticipate their 2021 meeting will be entirely virtual and hybrid, respectively (i.e., none responded with plans to hold a 100% in-person/physical meeting), and numerous additional resources on our Virtual Shareholder Meetings page. This post first appeared in the weekly Society Alert!