From www.say-on-pay.com
The Say on Pay Frequency Tracking page has been updated to reflect proxies filed through the end of 2010.
Triennial SWOP still remains the frequency recommended by a majority of the companies that have filed their proxies so far. That being said, several well-known companies this week recommended annual say on pay vote frequencies, i.e., Apple (had annual vote in 2010), TD Ameritrade, and Hillenbrand.
Here are the current stats:
- Annual: 25 (28.1%)
- Biennial: 9 (10.1%)
- Triennial: 47 (52.8%)
- No recommendation: 8 (9.0%)
Total companies tracked: 89