by Gary Larkin
By now, you've probably seen all the figures related to
the first year of Say on Pay and Say When on Pay votes for public U.S.
companies as mandated under the Dodd-Frank Act. But do you know why investors
voted the way they did and what companies should be doing to gear up for the
second year, which could include shareholder proxy access?
Well, we at The Conference Board Governance Center got
some of those answers earlier this week during the first of a three-part
Webcast series called the 2011 Proxy Season: Conversations with Shareholders.
Naturally, the first session focused on executive compensation. Joining our
Directors' Institute Program Chair Alan Rudnick on June 8 were Arthur H. Kohn,
partner at Cleary Gottlieb Steen & Hamilton LLP; Stephen L. Brown, director
and associate general counsel for TIAA/CREF; and James F. Reda, founder and
managing director of James F. Reda & Associates LLC. To see the archived
version of the first Webcast, click here to register or contact me at firstname.lastname@example.org.
The KnowlEdge Series, which is designed for directors,
corporate secretaries and heads of investor relations, as well as senior
functional and operational executives and their staffs who work with the board
on communicating to investors and shareholders, will continue June 15 (Proxy
Season Overview) and June 29 (Communicating with Shareholders). Both Webcasts
will start at 11 a.m. EST.
Read the rest of this article on the Governance Center Blog
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