Heads Up for the Proxy Season: ISS and Glass Lewis 2025 Voting Policies and Director Vulnerability Update
ISS and Glass Lewis have released updates to their U.S. proxy voting policies for the 2025 proxy season, available here and here. ISS also updated its U.S. Compensation Policies in the FAQ available here. Generally, ISS guidelines apply for shareholder meetings held on or after February 1, 2025, and Glass Lewis guidelines apply for shareholder meetings held on or after January 1, 2025. Companies should familiarize themselves and their boards with the new and updated policies, which will influence the results of director elections and support for say-on-pay and shareholder proposals during the 2025 proxy season. Our annual summary of vulnerabilities for director elections is available here for ISS, and here for Glass Lewis.
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