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New ISS Policy a Warning Shot for Boards That Play ‘Fast and Loose’

A new ISS policy geared toward reining in excessive pay among boards could also result in greater scrutiny of board perquisites or pay elements that ISS views as problematic, particularly for companies planning to seek shareholder approval of director pay.

The proxy advisory firm last week provided more details about how it will consider director compensation plans going forward and the way it will define “excessive pay.” Read Full Article


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