Some things are as certain as death, taxes and Adobe updates. There will always be a proxy season, and maybe 15 years ago we started to think about ISS. Now the list has grown to include Scott Stringer, Comptroller of the City of New York and James McRitchie.
While Mr. McRitchie announced some of his 2016 proxy access plans a while back, Scott Stringer has just announced his 72 proxy access proposals for 2016. You can find the target list here. For 2016, Comptroller Stringer and the New York City Pension Funds continued to focus on climate risk, board diversity and excessive CEO pay to select target companies, in addition to filing at some of their largest holdings.
