A look at how management say-on-pay proposals opposed by Institutional Shareholder Services fared during the most recent proxy season.
Chipotle Mexican Grill’s say-on-pay proposal grabbed the biggest headlines when only 23% of shareholder votes approved management’s executive compensation at the company’s annual meeting last month.
Among ISS-opposed packages, Nabors Industries saw the second-lowest shareholder approval (37.6%), followed by logistics firm Expeditors International of Washington (44.2%). Rounding out the top five getting the least support were Hasbro (46%) and Apartment Investment & Management Co. (56.3%).
