ISS and Glass Lewis Release Updated Proxy Voting Guidelines | Skadden, Arps, Slate, Meagher & Flom LLP
the current percentage of racially/ethnically diverse directors; whether the board’s definition of diversity explicitly includes gender, race or ethnicity; whether the board has a “Rooney Rule” policy requiring diverse candidates to be included in the initial pool of candidates when selecting new directors; and board skills disclosure. Although Glass Lewis will not make voting recommendations solely on the basis of this assessment in 2021, the assessment may be a contributing factor in recommendations when other board-related concerns have been identified. Board Refreshment/Tenure. Alth...
Source: jdsupra.com