Please read our latest update on Say-on-Pay and frequency voting results, which includes summary results and detailed company-by-company results. The results are sorted by the company's SEC filer status and by the date on which the annual shareholder meeting was held. We will be regularly updating this information as well as periodically posting new blogs in this section so please check back to obtain the latest results and commentary.
Say-on-Pay essentially provides public company shareholders with the ability to render an advisory vote on the compensation arrangements for their company's named executive officers. In addition, shareholders also can provide an advisory vote on the frequency that their company will conduct a Say-on-Pay vote. The blogs in this section provide further information on this new and important topic.
If you have any questions regarding Say-on-Pay, please contact Greg Schick at (415) 774-2988 or gschick@sheppardmullin.com.
The First 100 Days of Say-On-Pay Mark Many More Failed Votes and the Advent of Say-On-Golden Parachutes
With the end of April 2011, it has been one-hundred days since shareholders were able to render advisory votes on the executive compensation provided at their publicly-held companies in accordance with rules adopted by the Securities and Exchange Commission ("SEC") in January 2011 ("Say-On-Pay"). These rules were promulgated under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Reform Act"). Our Say-On-Pay Site provides periodic blogs on Say-on-Pay developments, along with an overview of the applicable rules and requirements, and there are also updated Say-On-Pay voting results and statistics.
