With the proxy season underway, ISS Corporate Solutions (ICS) examined key governance factors that defined the 2021 season for selected regional indices. The second report in the series covers the S&P 500, with a look at director elections, shareholder proposals and executive compensation. This follows the first in the series which covered the Korean KOSPI.
- Seven directors failed to receive majority support, with three of those from a single company, ExxonMobil
- Some 60, or 16.6%, shareholder resolutions passed, while 302, or 83.4%, failed.
- While the majority of CEOs received a pay rise, the median increase for a matched group of CEOs was only 2.8%