Glass Lewis and Institutional Shareholder Services (ISS) both issued new policy guidance this week on how they intend to approach a variety of matters around the coronavirus pandemic, including executive compensation. Companies with questions about what changes may be ahead would be remiss to not read what these influential proxy advisory firms have to say.
In its new guidance, Glass Lewis said it “expects all governance issues and most proposal types to be impacted by the pandemic” and that it will exercise its existing “discretion and pragmatism to prioritize timing, certainty, disclosure, and voting on any affected proposals.” Glass Lewis said it’s likely that this will continue to be the case through 2021.
