Cahill Gordon Discusses Glass Lewis and ISS 2020 Voting Guidelines

Both Glass, Lewis & Co. (“Glass Lewis”) and Institutional Shareholder Services Inc. (“ISS”), the leading providers of corporate governance and proxy advisory services, have now published their 2020 proxy voting guidelines.  The Glass Lewis guidelines[1] will take effect for meetings held on or after January 1, 2020, and the ISS guidelines[2] will take effect for meetings held on or after February 1, 2020.  Below is a summary of the key changes in the guidelines affecting U.S. companies.

Glass Lewis Voting Guidelines 

Excluded Shareholder Proposals

In September 2019, the Securities and Exchange Commission (“SEC”) announced a new policy pursuant … Read more