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May 31, 2006

Proxy roundup 2006

This year's hot topic: majority voting meets binding proposals

It’s the compensation, stupid. There’s your slogan for the current proxy season – and it’s no surprise considering the tales of outsized executive pay stories moving through the courts of public opinion. The current focus on compensation has led to a number of hot-button areas for this season, from golden parachutes to director independence. But for 2006, the issue getting the most attention is majority voting for director elections. ‘Our sense from our membership

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