• As of February 25, 2001, 291 companies have filed proxy statements with say-on-pay proposals, and 104 companies have filed 8-Ks reporting the results of say-on-pay votes.
  • Shareholders have approved the executive compensation programs for 98% of companies reporting results of say-on-pay votes.
  • Companies continue to recommend primarily triennial and annual say-on-pay frequency votes.
    • Of the companies recommending triennial say-on-pay votes, approximately 48% have seen their shareholders approve an annual say-on-pay vote.
    • Of the companies recommending biennial say-on-pay votes, approximately 67% have seen their shareholders approve an annual say-on-pay vote.
    • Of the companies recommending annual say-on-pay votes, 100% have seen their shareholders approve an annual say-on-pay vote.