“Vanguard will consider how executive compensation decisions could impact a company’s reputation when determining its say-on-pay vote, according to recent guidance from the asset manager. The guidance applies to votes the asset manager’s index-tracked funds will issue this proxy season, and, in some cases, has already come into play.”Agenda
March 30, 2021
“If their…reputation took a hit because of a decision they made, we are going to be extra scrutinous of their executive pay outcomes.”
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