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AFSCME Press Release: Say On Pay Shareholder Proposals Garner Record Support

Here is a press release prepared by AFSCME that went out today summarizing the growing support for the Advisory Vote and our belief that this will help Congress sense the interest of investors in this...

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Comments from Alan Nadel, managing director, Strategic Apex Group LLC

The following comments on say on pay are from Alan Nadel, managing director, Strategic Apex Group LLC.Many of us would be delighted if "Say on Pay" is all we get.  Based on a meeting I had yesterday...

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Comments from Andrew Clearfield, president, Investment Initiatives, LLC

The following comments on "Say on Pay" are from Andrew Clearfield, president, Investment Initiatives, LLC. What is there to say? "Say on pay" is coming, whether you want it to or not. The powers that...

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Carpenters Proposal Submitted to P&G

Readers will be interested to see a new resolution filed by the Carpenters with P&G dealing with both an Advisory Vote and expanded communication process via a forum for investors on executive...

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New 'Compensation Principles' from Goldman Sachs

On May 8, I had the opportunity to attend and speak at the Goldman Sachs stockholder meeting. Last year Walden Asset Management and other investors had filed a resolution seeking an Advisory Vote. It...

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Prudential Shareholders Pass Say-On-Pay Proposal

FOR IMMEDIATE RELEASE - 5/13/09Prudential Investors Approve Responsible Wealth Say on Pay ResolutionBoston, MA – At the 2009 annual general shareholder meeting of Prudential Financial on May 12, in...

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Seattle Times editorial: 'Bring it on'

A very positive editorial in the Seattle Times on the Advisory Vote:Stockholders should demand a say on executive payShareholders at Dow Chemical pass a "say on pay" measure – a proposal for monitoring...

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Letter to Strayer Education CEO Robert Silberman

In light of Gretchen Morgenson’s article in the New York Times featuring Strayer Education's CEO, Robert Silberman, here's a letter I sent to him congratulating him on his outreach to investors on pay...

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Say On Pay Part of Reform Proposal

As indicated this Pensions & Investments article and in Secretary Geithner’s statement compensation (included below), there has been a major breakthrough on the Advisory Vote, or say on pay. The...

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Comments on Harvard Business Review's "How to Fix Executive Pay"

The Harvard Business Review is running an online debate entitled "How to Fix Executive Pay."  I encourage everyone to follow this HBR debate as they have an all-star team of contributors. A recent post...

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Opportunity to Define New Rules for Shareholder Communication

Last week’s expected action by the SEC to propose rules for TARP recipient implementation of “Say on Pay” was accompanied by support for the types of investor communications and information that...

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Foundations for Implementation of “Say on Pay” Processes

Tim Smith, who chairs the focus section for “Say on Pay Advocates,” has submitted the following comment letter to the SEC regarding its proposed regulations for TARP recipient implementation of “Say on...

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Inviting Comments on Activist Concerns about Universal “Say on Pay”

Ed Durkin, the representative of the United Brotherhood of Carpenters (“UBC”) whose proposals of alternatives to universal “Say on Pay” have been stimulating debate among corporate governance...

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A day in the life of Doug Chia

Johnson & Johnson’s Douglas Chia, chair of the corporate secretaries focus section here on Say on Pay 2009, represented the Society of Corporate Secretaries and Governance Professionals at a...

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Plans for Next Phase of “Say on Pay” Forum: Reality

Your comments will be welcomed to guide the development of plans for the next phase of Forum attention to “Say on Pay” issues, as we focus now on the practical implementation of voting with its...

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Inviting Your Views of Information Needed to Vote on Pay

Please tell us your views as an investor about what information will be useful in your proxy voting decisions concerning executive compensation.The Shareholder Forum has just initiated an independent...

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Investors Rank their Voting Criteria for Compensation Issues

The results of the Shareholder Forum survey of investor voting criteria on compensation issues are now available:Survey of Investor Voting Criteria for Compensation IssuesThe surprisingly consistent...

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Investors Want Pay Info From Execs, not RiskMetrics

In case you missed IR magazine executive editor Neil Stewart's say-on-pay coverage last week, make sure to check it out here:The Shareholder Forum lets some companies in on phase two of its survey...

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Wells Fargo’s shareholders get say on pay again

New story from IR magazine's Brad Allen: Bank joins ranks of say-on-pay volunteersWells Fargo & Company, for the second year in a row, is giving shareholders a non-binding advisory vote on...

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Colgate approves say-on-pay

Another company has hopped aboard the proverbial bandwagon. Colgate-Palmolive announced that it would provide shareholders with an advisory say-on-pay vote at the annual meeting May 7th.  The press...

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