ISS and Glass Lewis Issue Updates to Their Proxy Voting Guidelines for the 2016 Season
Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have both issued updates to their proxy voting guidelines for the 2016 proxy season. ISS’s revised policies will take effect for annual meetings occurring on or after February 1, 2016, while Glass Lewis’s updated policies will take effect for meetings occurring after January 1, 2016.