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Say on Pay Failure Rate Drops Below 1%

Say on Pay Failure Rate Drops Below 1%Zoom inDownload PDF

The current Say on Pay failure rate of 0.7% is the lowest since voting began in 2011. Five companies have failed Say on Pay thus far in 2017; the two new companies that have failed since the last report are American Axle & Manufacturing Holdings and Sprouts Farmers Market. 670 Russell 3000 companies have held Say on Pay votes in 2017 with the average vote result of 92.5%. Thus far in 2017, 91% of companies have voted for annual Say on Pay voting in their Say on Pay frequency votes.