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Author: Mirit Ehrenstein

Glass Lewis 2023 UK Proxy Voting Policy Guidelines: executive pay provisions

Last year Glass Lewis restructured the remuneration section of their Proxy Voting Guidelines to clarify the key considerations they take into account when analysing a company’s remuneration policy and report. The pay section of their 2023 updated Policy Guidelines therefore has relatively few changes. They are nevertheless noteworthy and include remuneration policy structures, remuneration committee accountability, pensions, combined incentive plans, environmental and social criteria and discretion. This briefing considers the changes.