The Say on Pay Frequency Tracking page has been updated to reflect proxies filed through January 30, 2011.
Triennial SWOP still remains the frequency recommended by a majority of the companies that have filed their proxies so far — I might even say it appears to be the break-out star. Of course, the voting of several SWOP proposals was announced this week too, i.e., for Monsantoand Roebling Financial where Triennial was not embraced by Monsanto’s shareholders but was embraced by Roebling Financial’s shareholders.
Several well-known companies this week filed proxies and indicated their preference for the say on pay vote frequencies:
- Annual: Starbucks Corporation, The Walt Disney Company
- Triennial: Alberto-Culver Company, Applied Materials, Inc., Franklin Resources, Inc.
Here are the current stats:
- Annual: 59 (28.5%)
- Biennial: 13 (6.3%)
- Triennial: 123 (59.4%)
- No recommendation: 12 (5.8%)
Total companies tracked: 207