On November 14, 2024, Glass Lewis, one of the two most influential proxy advisory firms, released updates to its voting policies for the 2025 proxy season. The Glass Lewis 2025 Benchmark Policy Guidelines will apply for shareholder meetings held on or after January 1, 2025. This alert provides a high-level description of key policy updates contained in these guidelines. Similar to 2024, Glass Lewis introduced relatively minor policy updates for 2025, with a continued focus on executive compensation and board oversight matters – including the notable introduction of an artificial intelligence-related policy for the first time, as previewed by Glass Lewis’ informal feedback survey, which included numerous AI-related questions.
Source: Glass Lewis 2025 US Benchmark Policy Guidelines: Key Policy Updates