ISS Issues Updated FAQs on Its 2017 US Executive Compensation Policies | Practical Law

ISS Issues Updated FAQs on Its 2017 US Executive Compensation Policies | Practical Law

Institutional Shareholder Services (ISS) issued an updated set of FAQs regarding its 2017 US executive compensation policies.

ISS Issues Updated FAQs on Its 2017 US Executive Compensation Policies

Practical Law Legal Update w-005-0816 (Approx. 4 pages)

ISS Issues Updated FAQs on Its 2017 US Executive Compensation Policies

by Practical Law Corporate & Securities
Published on 20 Dec 2016USA (National/Federal)
Institutional Shareholder Services (ISS) issued an updated set of FAQs regarding its 2017 US executive compensation policies.
On December 16, 2016, Institutional Shareholder Services (ISS) published a set of updated FAQs regarding its US executive compensation policies. The FAQs cover:
  • General executive pay questions.
  • Management say on pay (MSOP) evaluation topics, including:
    • pay for performance evaluation;
    • determination of peer companies;
    • problematic pay practices;
    • frequency of advisory vote on executive compensation; and
    • advisory votes on golden parachutes.
As was the case for ISS's previous compensation policy FAQs, these FAQs provide general guidance and do not guarantee how the ISS Global Research Department will apply its benchmark policy in any particular situation.
For more information on ISS's 2017 voting guidelines, see Legal Update, ISS Releases 2017 Proxy Voting Guideline Updates.
For more information on proxy advisory firms and on ISS proxy voting recommendations, see Practice Note, Developing Relationships with Proxy Advisory Firms and Handling ISS Proxy Voting Recommendations Checklist.