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.
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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