What impact recent changes to the “notice and access” proxy distribution model will have on its adoption for the coming proxy season remains to be seen, but a recent survey sheds some light on results from the 2010 season.
For the 2010 proxy season, 42 percent of 329 respondents to a survey conducted by Bowne and Mediant Communications adopted Notice & Access. Of those, slightly more than half (53 percent) used a hybrid or stratified approach, by which they used the Notice & Access mailing for certain shareholders while sending a full set of paper proxy materials to others.
