With proxy season well underway, the number of companies that have failed their say-on-pay vote is up to 12—out of the 566 companies that have reported their say-on-pay votes so far, according to yesterday’s update from Towers Watson.

With proxy season well underway, the number of companies that have failed their say-on-pay vote is up to 12—out of the 566 companies that have reported their say-on-pay votes so far, according to yesterday’s update from Towers Watson.