WSJ: Proxy Adviser ISS Blesses Pay for Activist’s Directors at Dow

Gives “cautious support” to two directors Third Point placed on Dow board

http://www.wsj.com/articles/proxy-adviser-iss-blesses-pay-for-activists-directors-at-dow-1429725478

In 2013 ISS addressed the Dissident Director Compensation Bylaws which were at the time being implemented by several companies at the direction of prominent law firms like Wachtell Lipton.

http://corpgov.law.harvard.edu/2013/11/21/iss-addresses-dissident-director-compensation-bylaw/