Here’s the intro from this Cooley Alert penned by Ali Murata, Michael Bergmann and Vince Flynn:
“Last week, Glass Lewis issued the client communication below previewing changes to its quantitative pay-for-performance (P4P) model that will become effective for shareholder meetings starting in 2026. The announcement signals significant revisions to the structure and scope of the Glass Lewis P4P assessments for US and Canadian companies. Glass Lewis also indicated it will be expanding its services to cover companies listed on major exchanges in the UK, Europe and Australia.
Most notably, Glass Lewis will replace its historical A – F letter grade system for US and Canadian companies with a new 0 – 100 numerical scorecard system, with an associated concern level. In addition, its evaluation period for key P4P tests will be lengthened from three to five years. The announcement also hinted at the introduction of new P4P assessment tools that will cover additional facets of compensation.”
Authored by
Broc Romanek