Indicators show shareholder support for executive pay programs continue to improve from early vote results at all-size companies. The rate of companies whose 2020 executive pay plans failed to receive majority support at 2021 annual meetings reported as of July 7, 2021 is 2.4% compared to 2.6% reported as of June 8, 2021 (see Mid-season say-on-pay support up but S&P 500 failures hit record high and Early 2021 say-on-pay vote results show dip in support). But 16 S&P 500 companies have failed to receive majority support — the highest number of failures in a full year since say on pay took effect in 2011.

Say-on-pay summary results, 2011 to 2021 (reported as of July 7, 2021)

 

 

 

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