A recent report from BNY Mellon Shareowner Services shows that shareholder meetings in the last proxy season are getting shorter and less elaborate, a trend it first noticed in 2010.
Based on its observations from 500 client meetings in the last season, the firm found more than 94 percent of their clients held their shareholder meetings in company offices, with almost 60 percent of them offering no refreshments or serving just beverages. In 2010, only 53 percent of their clients held meetings in their offices.
