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Proxy Season Greetings: ISS and Glass Lewis Announce Policy Updates Ahead of the 2023 Proxy Season

Proskauer's Employee Benefits & Executive Compensa

DECEMBER 15, 2022

Proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis (“GL”) each published their annual policy updates for 2023, which updates made certain changes relating to executive compensation. [1] GL will generally recommend against the compensation committee chair when such outsized awards have been granted.

Executive Compensation 52
Executive Compensation Equity Compensation Utilities Consulting 52
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“Clawback Comeback”: DOJ’s New Focus on Clawbacks to Prevent Corporate Crime

Proskauer's Employee Benefits & Executive Compensa

OCTOBER 19, 2022

This new focus on “clawbacks” is intended to give general counsels and chief compliance officers the tools to implement “responsible corporate behavior” and to foster a corporate culture that both deters and punishes risky (and possibly criminal) behavior by top executives.

Executive Compensation 52
Executive Compensation Equity Compensation Incentive Compensation Compensation System 52
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