Failure Rate Remains at 1.4%

Failure Rate Remains at 1.4%Zoom inDownload PDF

The current Say on Pay failure rate of 1.4% is equal to the lowest observed rate, which occurred in 2011. The failure rate has not changed since our last report. 30 Russell 3000 companies have failed Say on Pay thus far in 2017; no additional companies have failed since our last report. 2,154 Russell 3000 companies have held Say on Pay votes in 2017 with an average vote result of 91.7%. Shareholders are supporting annual Say on Pay voting in 91% of frequency votes thus far in 2017, a ten percentage point increase over 2011.