Wachtell Lipton Discusses 2020 Voting Policies from ISS and Glass Lewis

Proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recently announced updates to their U.S. proxy voting policies for the 2020 proxy season. ISS’s new policies will apply to shareholder meetings held on or after February 1, 2020 and Glass Lewis’s new policies will apply to meetings that are held on or after January 1, 2020.

ISS Benchmark Policy Changes. ISS had previously released draft proposals on several of the proposed changes in October. Changes to non-U.S. voting policies covering Europe, the Middle East and Africa, and Asia have also been announced. Notable updates to ISS’s U.S. voting … Read more