During last week’s webcast, Proxy Analytics’s Steve Pantina shared some stats about how shareholder proposals fared this proxy season. Courtesy of Steve, here is a 5-page deck with those stats. Some of the highlights include:

  • The number of shareholder proposals submitted rose very slightly from 959 in ’22 to 962 in ‘23
  • The number of E&S shareholder proposals voted rose to 333 in ’23 from 288 in ‘22
  • Average shareholder support for E&S shareholder proposals dropped to 19.9% in ’23 from 28.6% in ’22 (which is a 30% drop in a single year)
  • Majority-supported E&S shareholder proposals dropped from 41 in ’22 to 10 in ‘23
  • The number of anti-E&S shareholder proposals submitted rose from 55 in ’22 to 96 in ‘23
Print:
Email this postTweet this postLike this postShare this post on LinkedIn
Photo of Allison Handy Allison Handy

Allison Handy is the firmwide co-chair of the Corporate & Securities practice. Her extensive experience includes advising public and private companies in connection with corporate governance practices, disclosure issues, and capital markets transactions, such as equity offerings, debt offerings and tender offers. She…

Allison Handy is the firmwide co-chair of the Corporate & Securities practice. Her extensive experience includes advising public and private companies in connection with corporate governance practices, disclosure issues, and capital markets transactions, such as equity offerings, debt offerings and tender offers. She is also a leader of the firm’s Environmental, Social, and Governance advisory team.

Allison provides counsel to companies on a broad range of issues faced by management and directors in connection with the many compliance aspects of securities laws, including governance rules adopted by the Securities and Exchange Commission (SEC) and stock exchanges. She advises boards and committees in matters related to internal investigations and the efforts of shareholder activists, and works closely with in-house counsel, financial personnel, and outside auditors and advisors to help her clients prepare proxy statements and other reports to investors that meet complex disclosure obligations.

Read more about Allison Handy
Show more Show less