Georgeson is pleased to publish our 2023 Proxy Season Report to provide a view of voting outcomes across director elections, say-on-pay and shareholder-sponsored proposals at US annual shareholder meetings for the full proxy year through June 30, 2023.
Highlights:
The 2023 proxy season broke the record for the number of shareholder proposal submissions.
947 shareholder proposals were submitted, surpassing the record-breaking 2021 and 2022 seasons.
612 proposals were voted this season, also surpassing 2021 and 2022 season records.
Director election support at Russell 3000 companies remained strong, averaging 94.4% for the proxy year 2023, similar to 2022.
Say-on-pay vote results at Russell 3000 companies received an average support of approximately 90% of votes cast in favor (excluding abstentions), similar to last year.
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