Eight Additional Companies Fail Say on Pay

Eight Additional Companies Fail Say on PayZoom inDownload PDF

The current Say on Pay failure rate (0.9%) is up 0.3% since our last report, but remains the lowest since voting began in 2011. Fifteen Russell 3000 companies have failed Say on Pay thus far in 2017; the eight new companies that have failed since the last report are Atlas Air Worldwide, Endologix, Medifast, NII Holdings, Sanchez Energy, Senior Housing Properties Trust, SL Green Realty, and Tutor Perini. 1,654 Russell 3000 companies have held Say on Pay votes in 2017 with an average vote result of 92.4%. 3 environmental proposals have passed thus far in 2017; only 3 environmental proposals passed between 2011 and 2016.