Significant Increase in Director Opposition

Proxy Governance, Inc. released data on September 19 that revealed close to 10% of unopposed director nominees had at least 20% of shares voted against them, or withheld, in 2009. This is up from 5.5% in 2008.

The report also lists 50 companies where at least one director failed to obtain majority support.

Click here to read the summary data and list of companies.