Six Additional Companies Fail Say on Pay

Six Additional Companies Fail Say on PayZoom inDownload PDF

The current Say on Pay failure rate (1.1%) is up 0.2% since our last report, but remains the lowest since voting began in 2011. 21 Russell 3000 companies have failed Say on Pay thus far in 2017; the six new companies that have failed since the last report are IMAX, Nabors Industries, New York Community Bancorp, Rockwell Medical, SeaWorld Entertainment, and Spectrum Pharmaceuticals. 1,951 Russell 3000 companies have held Say on Pay votes in 2017 with an average vote result of 92.1%.