Woman votes on election day.

SEC Final Rules for Proxy Voting Advice Businesses

Fulcrum Partners. Fulcrum Partners News

The rules are changing for Proxy Voting Advice Businesses (PVAB), with approval by the SEC of new guidelines. The SEC’s final rule statement (published July 22, 2020) explains, “The Securities and Exchange Commission (“Commission”) is adopting amendments to its rules governing proxy solicitations so that investors who use proxy voting advice receive more transparent, accurate, and complete information on which to make their voting decisions, without imposing undue costs or delays that could adversely affect the timely provision of proxy voting advice.

Incentivizing Executives in a Post-Pandemic Economy: Example

Incentivizing Executives in a Post-Pandemic Economy: Example

Fulcrum Partners. Executive Benefits News

Attorney Mike Melbinger, Partner in Winston & Strawn’s Chicago office, brings perspective to this ICS/ISS illustration model of how a sample company might choose to adjust annual goals for incentivizing executives. As Mike points out this topic, “will affect nearly every company in corporate America”.

ISS 2020 policy

2020 Benchmark Policy Updates from Institutional Shareholders Services

Fulcrum Partners. Executive Benefits News

On November 12, Institutional Shareholder Services Inc. (ISS), announced its new policy updates for 2020. The updates, relevant to the United States and matters of executive pay, relate to the pay-for-performance model and the incorporation of Economic Value Added (EVA) metrics in the model’s secondary ‘Financial Performance Assessment’ (FPA) screen.