Insights
Alert
Joe Sorrentino
Managing Director, New York, NY
Glass Lewis Releases 2019 Voting Policy Updates
Alert | By Caroline Cubberly, Joe Sorrentino
On October 24, Glass Lewis released U.S. voting policy updates for 2019. There are several key policy changes focused on executive compensation that impact Glass Lewis’ vote recommendations on Say-on-Pay and reelection of Compensation Committee members. These policy changes focus on contractual payments and arrangements, front-loaded incentive awards, change in control excise tax gross-ups, recoupment provisions (“clawbacks”), executive compensation disclosures for smaller reporting companies, and other executive compensation clarifications.
Joe Sorrentino
Managing Director
Joe Sorrentino has over 20 years of executive compensation consulting experience. His client assignments have been with both public and privately-held companies in industries including: chemicals, consumer products, financial services, health care, manufacturing, pharmaceuticals, real estate/REITS and utilities. His consulting engagements often focus on the development of executive compensation strategy, design of annual and long-term incentive programs, and ISS equity plan modeling, compensation and governance policies.