2023 Equity Proposal Trends in the U.S. and Canada
Executive compensation continues to be an area of great interest to investors as companies seek to align the long-term interests of management and shareholders. During the 2023 proxy season in North America there was a surge of shareholder opposition on equity plans, with a rare failure in Canada and a significant rise in failures among […]

Maria Vu is Senior Director of Executive Compensation Research, Lisa-Marie O’Malley is Lead Analyst, and Brandon Pak is Research Analyst at Glass, Lewis & Co. This post is based on a Glass Lewis article by Ms. Vu, Ms. O’Malley, Mr. Pak, Oren Lida, and Krishna Shah.
Executive compensation continues to be an area of great interest to investors as companies seek to align the long-term interests of management and shareholders. During the 2023 proxy season in North America there was a surge of shareholder opposition on equity plans, with a rare failure in Canada and a significant rise in failures among U.S. companies.