The Shareholder ForumTM


"Say on Pay" Proposals

Forum Home Page

"Say on Pay" Home Page

Program Reference


Program Reference

Program Activities

News Reports

General Reference Material

Academic Papers

Analysis of Compensation Information

Corporate Management Issues

Views of Professionals

Views of Regulators


For a professional reference clearinghouse project maintained during 2009 to support corporate and investor decision-makers in their responsibilities for implementing "Say on Pay" voting processes, see:

Say on Pay 2009
A resource for governance professionals

provided by Corporate Secretary with the

support of the Shareholder Forum


For reports relating to the initiation and progress of attention to "Say on Pay" advisory voting on executive compensation, as it was addressed in a previous Forum program prior to July 2008, see


For results of mandated "Say on Pay" voting starting in 2011, see

Shareholder Support Rankings

graphs of votes in support of executive compensation for Russell 3000 companies



Program Activities

See also related reports from a previous Forum program:



News Reports



General Reference Material








This Forum program is open, free of charge, to anyone concerned with investor interests relating to shareholder advisory voting on executive compensation, referred to by activists as "Say on Pay." As stated in the posted Conditions of Participation, the Forum's purpose is to provide decision-makers with access to information and a free exchange of views on the issues presented in the program's Forum Summary. Each participant is expected to make independent use of information obtained through the Forum, subject to the privacy rights of other participants.  It is a Forum rule that participants will not be identified or quoted without their explicit permission.

The organization of this Forum program was supported by Sibson Consulting to address issues relevant to broad public interests in marketplace practices, rather than investor decisions relating to only a single company. The Forum may therefore invite program support of several companies that can provide both expertise and examples of performance leadership relating to the issues being addressed.

Inquiries about this Forum program and requests to be included in its distribution list may be addressed to

The information provided to Forum participants is intended for their private reference, and permission has not been granted for the republishing of any copyrighted material. The material presented on this web site is the responsibility of Gary Lutin, as chairman of the Shareholder Forum.