Proxy Season

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Whoa! ISS Updates Its Voting Policies (Again) to No Longer Consider Board Diversity

In a rare move to update its voting policies in the midst of proxy season, ISS issued this press release stating it will no longer consider a board’s gender, racial or ethnic diversity when making director election recommendations. This policy change applies to the US benchmark and specialty policies of ISS – and apply to shareholder meeting reports published on or after February 25th. ISS …

Form 10-K: Our Clawback Checkbox FAQs

We’re in Year 2 for the clawback checkboxes on the cover of the Form 10-K and we’re fielding a lot of questions from clients about them right now. As Cydney Posner noted a little while back in her Cooley blog, there is still a bit of confusion about these two newish checkboxes. Here’s a set of a dozen quick FAQs to help you understand these …

BlackRock and Vanguard Update Their Proxy Voting Guidelines

Here’s the intro from this Cooley Alert penned by a bevy of our finest: “On January 31, 2025, Vanguard issued its proxy voting policy for US portfolio companies, following the publication of BlackRock’s proxy voting guidelines for benchmark policies – US securities in December 2024. The updates from these two leading institutional investors introduce new provisions to reflect evolving perspectives on governance, compensation, sustainability and …

Video Archive: “2025 Proxy Season Preview (Including ISS and Glass Lewis Policy Updates)”

Here’s the video archive for the recent webcast – “2025 Proxy Season Preview (Including ISS and Glass Lewis Policy Updates)” – during which Cooley partners Ali Murata and Brad Goldberg, along with Compensia’s Mark Borges, led an overview of hot-button topics in proxy disclosures leading into the 2025 proxy season, including proxy advisors and institutional investor policy updates.