As expected based on its Proposed Benchmark Policy Changes for 2024, which we reported on here, according to its newly posted summary, ISS’s 2024 benchmark policy voting guidelines—which reportedly will be published yet this month—will include no significant policy updates for the US market. Appendix B to the summary notes that the US guidelines will codify ISS’s existing case-by-case analysis of shareholder proposals requiring executive severance arrangements or payments to be submitted for shareholder ratification.
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