Institutional Shareholder Services considers a company’s self-selected peers when constructing the peer group that ISS uses to evaluate pay-for-performance. ISS has requested that companies with annual meetings scheduled to be held between February 1, 2015 and September 15, 2015 notify ISS by 8:00pm EST on December 11, 2014 of any changes to a company’s self-selected peer companies for purposes of benchmarking CEO compensation. ISS has stated that it will conduct a separate peer submission process in mid-2015 for companies with annual meetings after September 15, 2015.
Heads Up for 2015 Proxy Season: Updating Peer Groups – December 11, 2014 Deadline
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