SOP Votes Reported Through February 18, 2011

On February 21, 2011, in News, Say on Pay, by Ed Hauder

So far this proxy season, the SOP vote has occurred at 99 companies through February 18, 2011, of which 76 have reported the voting results in their filings. Of these 76 companies, using a simplified vote methodology where I simply count votes FOR, AGAINST and ABSTAIN and ignore any broker non-votes, two companies had SOP votes that received less than 50% votes “FOR:”

  • Jacobs Engineering (44.8% FOR, 53.7% AGAINST and 1.7% ABSTAIN – using methodology laid out above)
  • Beazer Homes (45.9% FOR, 53.8% AGAINST and 0.3% ABSTAIN)

Of the 76 companies that reported SOP vote results through February 18, 2011 the average votes were as follows (using the methodology where only votes FOR, AGAINST and ABSTAIN are counted):

  • FOR: 89.5%
  • AGAINST: 7.8%
  • ABSTAIN: 2.6%
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1 Response » to “SOP Votes Reported Through February 18, 2011”

  1. […] This post was mentioned on Twitter by jlurie17, Edward Hauder. Edward Hauder said: From My Blog: SOP Votes Reported Through February 18, 2011 http://goo.gl/bWpPt […]