Glass Lewis Issues 2018 Voting Policies Update

On November 22, 2017, Glass Lewis issued its updated proxy voting guidelines for the upcoming 2018 proxy season. Notable updates applicable to U.S. companies include new or revised policies relating to:

..gender diversity on boards;

..board responsiveness to shareholder votes;

..evaluation of certain types of shareholder proposals; and

..virtual-only shareholder meetings.

Glass Lewis also clarified its policies on a number of other topics.

Please see full Alert below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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