2021 Proxy Season Review: New Implications for Management Teams and Boards

06/22/2021


 

Krystal Berrini and Allie Rutherford, Partners at PJT Camberview, discuss the key themes to emerge from the 2021 proxy season. In a season that was shaped by COVID implications, significant societal events and growing scrutiny of institutional investor vote decisions, there were record numbers of Say-on-Pay failures at S&P 500 companies, high levels of support for shareholder proposals focused on climate and diversity topics and an expanded list of responsibilities for which investors are holding directors accountable.