Turning Up the Heat on Board Diversity and E & S Risk Oversight: Quick Guide to ISS and Glass Lewis 2021 Proxy Season Updates | Bryan Cave Leighton Paisner
Meetings on or after January 1, 2021 Gender/Racial/Ethnic Board Diversity For 2021, ISS reports for Russell 3000 or S&P 1500 companies will highlight boards that lack racial and/or ethnic diversity (or lack diversity disclosure). For 2022, for Russell 3000 or S&P 1500 companies where board has no apparent racially or ethnically diverse members, will generally recommend voting against or withhold from nominating committee chair (or other directors on case-by-case basis). Exception will be made if company had racial and/or ethnic diversity on board at preceding annual meeting and board makes f...