Donnelley's just-released, always-eagerly-awaited latest edition of its "Guide to Effective Proxies" identifies these major proxy statement trends based on 2018 filings:
- More business context around company initiatives & performance
- Disclosures highlighting board diversity, evaluations, and recruitment processes
- Explanations of the CEO pay ratio and how executive pay is aligned with business strategy & performance, as well as the broader topic of internal pay equity
- CSR and ESG-specific disclosure
The searchable, interactive guide - designed to help companies improve their proxy statement's visual appeal, clarity, and navigability, as well as select a company-specific style and format - includes numerous sample disclosures on the most commonly-addressed and hot topics (e.g., board diversity disclosures with graphics, board skills matrices, E&S disclosure, board & director evaluation, director recruitment & succession, and risk oversight), as well as the ability to access full proxies (for contextual purposes) with one easy click.
See Donnelley's release, and watch for more proxy statement disclosure tips & trends in this week's Society Alert!