Report Update: No New Failures; ISS Recommending Against 10% of Companies

Report Update: No New Failures; ISS Recommending Against 10% of CompaniesDownload PDF

We collected results for 19 more companies this week, bringing our total to 143 for the season. Thus far, 94% are passing with above 70% support — and three companies have failed Say on Pay (Nuance Communications, Digital Generation, and Navistar). Proxy advisory firm ISS is recommending against Say on Pay proposals at 10% of companies in 2013 (compared to 14% in 2012 and 12% in 2011).