Photo of 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 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.

Yesterday, BlackRock released its latest proxy voting guidelines for U.S. securities. It also released its Investment Stewardship Global Principles, along with a 2022 policy updates summary. Here are three new items to be aware of:

1. The new guidelines remain consistent with BlackRock’s existing approach to engagement on board diversity. New for 2022,

Following up on Evelyn Cruz Sroufe’s blog about four rebuttals to the opposition against Nasdaq’s board diversity rules, despite positive measures such as Nasdaq’s adoption of board diversity rules, increasing diversity on corporate boards has been painfully slow and still faces institutional headwinds. These include low board turnover, which reduces the opportunities for boards to

A few days ago, Glass Lewis released two documents:  2022 US Proxy Voting Policy Guidelines and 2022 Policy Guidelines on ESG Initiatives (which apply across jurisdictions). Here are 8 things to know from these updates:

1. Increasing Gender Diversity Requirements for Russell 3000 Boards – As announced in last year’s voting guidelines, starting in ‘22

Last week, during our popular “Anatomy of a Proxy” webcast, I talked about the “shareholder engagement” section of the proxy and an attendee asked a question about it. Based on that interaction, I thought it might be a good subject to cover here.

Here are three tips on what to consider covering in the “Shareholder

As I mentioned last week during our popular “Anatomy of a Proxy” webcast (archive coming soon), there is no requirement to include an “ESG” section of the proxy statement, but as it – along with the annual report – is the most important investor-facing communication of the year, most companies are using the proxy statement