The Trend: Shareholder support for directors is in decline

Reasons why the shareholder support for directors is in decline:

“Institutional investors vote against directors more frequently and for more reasons than they would have in the past,” Brian Valerio, senior vice president at Alliance Advisors, said in an interview with Activist Insight Online. Overboarding and diversity are two key reasons for votes against directors, but not the only ones. Climate change, executive compensation, and human capital management are just three issues that have been driving ‘against’ votes more recently, according to Valerio.

Read more about Brian Valerio and his thoughts on the topic here.