Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 14 NOVEMBER 2014

ISS And Glass Lewis 2015 Proxy Season Guidelines

Goodmans LLP
Explore more from Goodmans LLP

Proxy advisory firms Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (Glass Lewis) recently released their proxy voting policy updates for the 2015 proxy season.

CanadaCorporate/Commercial Law
Michael Partridge
Michael Partridge
Author LinkedIn connections

Proxy advisory firms Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (Glass Lewis) recently released their proxy voting policy updates for the 2015 proxy season. The new guidelines address, among other things, corporate governance standards, advance notice policies and executive compensation. This update summarizes some of the more significant changes made to the proxy voting guidelines affecting Canadian issuers, effective for shareholder meetings on or after February 1, 2015.

Corporate Governance

Director Independence

  • ISS will now consider a former CEO serving on the board to be an independent director following a five year cooling-off period (i.e., starting five years after the director ceased to act as CEO).

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

The PULSE Report: Governance Of Ontario’s Electric Utilities And Implementation Of Required Changes

Ontario's PULSE report and Bill 140 propose sweeping governance reforms for municipally owned electricity distribution utilities and their holding companies, mandating independent boards and new capital planning requirements by 2027. These changes aim to attract institutional investment for $120 billion in infrastructure expansion, but will require utilities to restructure shareholder agreements, recruit new directors, and implement complex governance arrangements within an extremely compressed timeline.
CanadaCorporate/Commercial Law
Aird & Berlis LLP
Aird & Berlis LLP
Article

Google’s Next Chapter In Wearable Health Tech: The Google Fitbit Air

Google is venturing into new territory with the development of the Fitbit Air, marking a significant evolution in wearable health technology. This advancement represents Google's continued commitment to integrating sophisticated health monitoring capabilities into consumer devices. What innovations will this next-generation wearable bring to the competitive health tech market?
CanadaFood, Drugs, Healthcare, Life Sciences
Goodmans LLP
Goodmans LLP
Article

Canada’s New Children’s Privacy Code Signals Regulatory Expectations Of Online Services

Canada's Privacy Commissioner has released a comprehensive Children's Privacy Code that interprets how PIPEDA protections apply to minors and establishes new standards for organizations handling children's personal information through online services. The Code introduces age-appropriate consent frameworks, mandatory privacy impact assessments, and strict limitations on data practices that conflict with children's best interests, with a public consultation period open until January 2027.
CanadaPrivacy
Goodmans LLP
Goodmans LLP
Article

From Club Penguin To Imagine Island: A New Era Of Children’s Online Gaming

Magic Potion Games, founded by the creators of Club Penguin, has launched Imagine Island, a new online multiplayer game designed for children aged 6-13. With over one million players during beta testing and a successful Series A funding round, the platform prioritizes safety and transparency while preparing for major expansion through entertainment partnerships and paid memberships.
CanadaMedia, Telecoms, IT, Entertainment
Goodmans LLP
Goodmans LLP