Report Update: Results for the Entire 2015 Proxy Season; 61 Companies Have Failed Say on Pay

Report Update: Results for the Entire 2015 Proxy Season; 61 Companies Have Failed Say on PayZoom inDownload PDF

This report provides the full year of 2015 Say on Pay vote results, covering more than 2,100 Russell 3000 companies that held votes in calendar year 2015. The majority of companies continued to pass Say on Pay with substantial shareholder support: approximately 92% of companies passed with over 70% shareholder approval. 61 companies (2.8%) failed Say on Pay in 2015. Seven companies failed since our last report: Celadon Group, Fabrinet, K12, Oracle, Palo Alto Networks, Synergy Resources, and The Hain Celestial Group. We will begin to issue Say on Pay updates for the 2016 proxy season in March 2016.