Exequity’s Ed Hauder will participate in Day Pitney LLP’s upcoming GC Quarterly, a complimentary webinar series, on Friday, June 10, 2011 from 12 to 1 pm Eastern. Ed will be addressing “Say on Pay” — What should we do now that the vote is in?
Follow this link to register for this free webinar:
As of June 3, 2011, the following eleven (11) S&P 900 companies had say on pay (SOP) votes that failed to garner 50% or greater “FOR” votes (bolded names indicate new companies to the list–no new failures this week):
- Constellation Energy Group (S&P 500)
- Helix Energy Solutions Group Inc. (S&P 400)
- Hewlett-Packard Company (S&P 500)
- Intersil Corporation (S&P 400)
- Jacobs Engineering Group, Inc. (S&P 500)
- Janus Capital Group, Inc. (S&P 500)
- Masco Corporation (S&P 500)
- M.D.C. Holdings Inc. (S&P 400)
- NVR Inc. (S&P 400)
- Stanley Black & Decker, Inc. (S&P 500)
- Superior Energy Services Inc. (S&P 400)
Note on Methodology: % of vote For/in support of SOP was calculated by determining the votes in support of the proposal as a percent of votes For, Against, and Abstain.
Please click on the graphic below to bring up a chart showing the companies that have received less than 50% FOR support on their Say on Pay (SOP) votes or that disclosed that their SOP proposals did not pass so far in 2011. Note that some of these companies have reported that their SOP votes passed (most likely because abstentions were not counted).