Peter Reali, Lead Corporate Governance Analyst, TIAA-CREF, discusses his process for voting over 100,000 discrete ballot items each season with the Darla Stuckey of the Society of Corporate Secretaries and Governance Professionals. Mr. Reali talks about the use of proxy advisory service data, engagement with issuers, timing, the interaction between governance experts and asset managers at TIAA-CREF, linking votes to shareholder value. Mr. Reali also offers suggestions on how to make compensation disclosure easier to read as well as what kind of disclosure makes him skeptical.
Good information for shareowners, IR personnel and directors. Watch the video Proxy Voting Demystified on the Society’s website.