Four Additional Companies Fail Say on PayZoom inDownload PDF
1,971 Russell 3000 companies have filed CEO Pay Ratio disclosures in 2018. The median of ratios filed thus far is 72:1, and the median of median employee compensation is $63,130. To date, 2,028 Russell 3000 companies have held Say on Pay votes and four additional companies have failed since our last report – Black Box Corporation, Envision Healthcare Corporation, RAIT Financial Trust, and Vista Outdoor.
The current failure rate (2.7%) is 118 basis points higher than last year’s failure rate. Four environmental (9.8%) and five social (4.9%) proposals have received greater than 50% support in 2018. 513 equity proposals have been submitted thus far in 2018. By comparison, 797 equity proposals had been submitted at the same time last year.