Corporate Governance Update

Roundup of Overboarding Policies Applicable to U.S. Public Company Directors

June 3, 2024

Overboarding concerns have become a key driver for recommendations or votes against director elections. This Sidley Update summarizes the overboarding policies applicable to U.S. public company directors of proxy advisory firms Glass Lewis and Institutional Shareholder Services as well as several large institutional investors. Notably, for 2024, Glass Lewis and certain institutional investors have increased their expectations with respect to public companies adopting overboarding policies and making related disclosures.

Please click here to read the full Sidley Update.

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