Four key trends of the 2012 proxy season

Board accountability measures continue to strengthen

  • Share

There is strong support for shareholder proposals to implement annual board elections, adopt majority vote standards for director elections and appoint independent board chairs. This represents investors’ long-standing efforts to improve board responsiveness and accountability.

Evolving governance practices at S&P 500 companies

Investors continue to press for greater board accountability measures
Shareholders continue to push to:

  • Eliminate classified boards
  • Implement majority vote standards for director elections
  • Appoint independent board chairs

These three proposal topics comprise around 20% of all shareholder proposals submitted to companies for 2012 meetings so far.