{"id":24434,"date":"2025-01-09T00:00:00","date_gmt":"2025-01-08T23:00:00","guid":{"rendered":"https:\/\/www.labrador-transparency.com\/?p=24434"},"modified":"2026-06-05T15:59:18","modified_gmt":"2026-06-05T14:59:18","slug":"lightning-round-ten-proxy-disclosures-that-have-evolved-in-recent-years","status":"publish","type":"post","link":"https:\/\/www.labrador-transparency.com\/en\/blog\/lightning-round-ten-proxy-disclosures-that-have-evolved-in-recent-years\/","title":{"rendered":"Lightning Round: Ten Proxy Disclosures That Have Evolved in Recent Years"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"24434\" class=\"elementor elementor-24434\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1c64dab e-con-full e-ecs-flex e-flex e-con e-child\" data-id=\"1c64dab\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;ecs_container_type&quot;:&quot;flex&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8c22139 elementor-widget elementor-widget-menu-anchor\" data-id=\"8c22139\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"boardskillsmatrix\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5e65999 elementor-widget elementor-widget-text-editor\" data-id=\"5e65999\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>1. Board Skills Matrix<\/h2><p><span style=\"font-weight: 400;\">The board skills matrix, which presents the qualifications and experience of each individual director, is key to demonstrating that the proposed slate of nominees has the expertise needed to guide the company\u2019s long-term strategy and create shareholder value. The initial iteration of the matrix included a list of\u00a0<\/span><span style=\"font-size: 1.125rem;\">skills with checkmarks or similar indicator for each of the applicable directors possessing the requisite experience. Later versions of the matrix include, or are supplemented with, a description of each desired skill and (ideally) how the skill is relevant to board effectiveness for that specific company. To emphasize the connection to strategy, some skill matrices now visually present qualifications related to strategy separate from other necessary competencies of its board members.<\/span><\/p><h3><a href=\"https:\/\/d18rn0p25nwr6d.cloudfront.net\/CIK-0000018926\/d4bd3d75-ce6d-4849-ac58-8a3a3c18407e.pdf#page%3D24\"><span style=\"font-weight: 400;\">Lumen 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8eca62 elementor-widget elementor-widget-image\" data-id=\"a8eca62\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"2252\" height=\"1380\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-01-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24442\" alt=\"img 01 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-01-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-01-Lightning-Round-Ten-Proxy-Disclosures_2x-300x184.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-01-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x627.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-01-Lightning-Round-Ten-Proxy-Disclosures_2x-768x471.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-01-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x941.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-01-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x1255.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ed6a1ed elementor-widget elementor-widget-text-editor\" data-id=\"ed6a1ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/servicenow.gcs-web.com\/static-files\/9d681882-1411-4d12-a522-7c5dfe66e02b#page%3D19\"><span style=\"font-weight: 400;\">ServiceNow 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0eff1c5 elementor-widget elementor-widget-image\" data-id=\"0eff1c5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1086\" height=\"1380\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-02-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24444\" alt=\"img 02 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-02-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 1086w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-02-Lightning-Round-Ten-Proxy-Disclosures_2x-236x300.webp 236w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-02-Lightning-Round-Ten-Proxy-Disclosures_2x-806x1024.webp 806w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-02-Lightning-Round-Ten-Proxy-Disclosures_2x-768x976.webp 768w\" sizes=\"(max-width: 1086px) 100vw, 1086px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bfede55 elementor-widget elementor-widget-image\" data-id=\"bfede55\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1086\" height=\"1380\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-03-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24446\" alt=\"img 03 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-03-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 1086w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-03-Lightning-Round-Ten-Proxy-Disclosures_2x-236x300.webp 236w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-03-Lightning-Round-Ten-Proxy-Disclosures_2x-806x1024.webp 806w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-03-Lightning-Round-Ten-Proxy-Disclosures_2x-768x976.webp 768w\" sizes=\"(max-width: 1086px) 100vw, 1086px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3dfd286 elementor-widget elementor-widget-text-editor\" data-id=\"3dfd286\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/investor.honeywell.com\/static-files\/0d8c55c0-5252-49ec-9a96-c6053dfc23d8#page%3D19\"><span style=\"font-weight: 400;\">Honeywell 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e43167f elementor-widget elementor-widget-image\" data-id=\"e43167f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1086\" height=\"1380\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-04-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24448\" alt=\"img 04 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-04-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 1086w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-04-Lightning-Round-Ten-Proxy-Disclosures_2x-236x300.webp 236w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-04-Lightning-Round-Ten-Proxy-Disclosures_2x-806x1024.webp 806w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-04-Lightning-Round-Ten-Proxy-Disclosures_2x-768x976.webp 768w\" sizes=\"(max-width: 1086px) 100vw, 1086px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d4878f4 elementor-widget elementor-widget-image\" data-id=\"d4878f4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1086\" height=\"1380\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-05-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24450\" alt=\"img 05 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-05-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 1086w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-05-Lightning-Round-Ten-Proxy-Disclosures_2x-236x300.webp 236w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-05-Lightning-Round-Ten-Proxy-Disclosures_2x-806x1024.webp 806w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-05-Lightning-Round-Ten-Proxy-Disclosures_2x-768x976.webp 768w\" sizes=\"(max-width: 1086px) 100vw, 1086px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-47f0b6f elementor-widget elementor-widget-menu-anchor\" data-id=\"47f0b6f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"directorbiographies\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef94930 elementor-widget elementor-widget-text-editor\" data-id=\"ef94930\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>2. <span style=\"font-weight: 400;\">Director Biographies<\/span><\/h2><p><span style=\"font-weight: 400;\">As companies enhance their board skillset disclosures, nominee biographies also have been reimagined. To some extent, it seems that disclosure around director experience has come full circle and perhaps the newest presentation of board qualifications and skills in bios most closely aligns with the intent of the rule promulgated 15 years ago requiring \u201cspecific experience, qualifications, attributes or skills that led to the conclusion that the person should serve as a director . . . in light of the registrant\u2019s business and structure.\u201d Bios that once laid out a director\u2019s career path, together with a narrative discussion, moved to a bulleted format with career highlights and skills lists or icons. While easy-to-digest, readers needed to make the\u00a0<\/span><span style=\"font-size: 1.125rem;\">connection between the director\u2019s professional background and the acquired skill. More recently, however, biographies directly and succinctly link qualifications with experience. Some companies even distinguish between type or level of experience.\u00a0<\/span><\/p><p>\u00a0<\/p><h3><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/21344\/000155837024003468\/ko-20240501xdef14a.pdf#page%3D30\"><span style=\"font-weight: 400;\">Coca Cola 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5e17667 elementor-widget elementor-widget-image\" data-id=\"5e17667\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1086\" height=\"1380\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-06-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24452\" alt=\"img 06 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-06-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 1086w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-06-Lightning-Round-Ten-Proxy-Disclosures_2x-236x300.webp 236w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-06-Lightning-Round-Ten-Proxy-Disclosures_2x-806x1024.webp 806w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-06-Lightning-Round-Ten-Proxy-Disclosures_2x-768x976.webp 768w\" sizes=\"(max-width: 1086px) 100vw, 1086px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38e4c28 elementor-widget elementor-widget-text-editor\" data-id=\"38e4c28\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/s2.q4cdn.com\/859568992\/files\/doc_financials\/2024\/ar\/2024-csx-corp-proxy-statement.pdf#page%3D33\"><span style=\"font-weight: 400;\">CSX 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dff17cd elementor-widget elementor-widget-image\" data-id=\"dff17cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1086\" height=\"1380\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-07-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24454\" alt=\"img 07 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-07-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 1086w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-07-Lightning-Round-Ten-Proxy-Disclosures_2x-236x300.webp 236w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-07-Lightning-Round-Ten-Proxy-Disclosures_2x-806x1024.webp 806w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-07-Lightning-Round-Ten-Proxy-Disclosures_2x-768x976.webp 768w\" sizes=\"(max-width: 1086px) 100vw, 1086px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-154909b elementor-widget elementor-widget-menu-anchor\" data-id=\"154909b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"renominationprocess\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31ced70 elementor-widget elementor-widget-text-editor\" data-id=\"31ced70\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>3. Re-nomination Process<\/h2>\n<p><span style=\"font-weight: 400;\">Director nomination disclosures historically have focused on the nomination and corporate governance committee\u2019s recommendation of the slate of nominees for election. Often this section includes a statement that the committee annually considers the current composition of the board, as well as ongoing consideration of the board\u2019s collective skills and needs in light of the company\u2019s near and long-term strategic ambitions. Many proxies then move directly into disclosure about the process for identifying new director candidates. More recently, however, companies are sharing more detail about how they&nbsp;<\/span><span style=\"font-size: 1.125rem;\">consider the renomination of incumbent directors, with some companies emphasizing that re-nomination is not automatic.&nbsp;<\/span><\/p>\n<h3><a href=\"https:\/\/www.jpmorganchase.com\/content\/dam\/jpmc\/jpmorgan-chase-and-co\/investor-relations\/documents\/proxy-statement2024.pdf#page%3D24\"><span style=\"font-weight: 400;\">JPMorgan Chase 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d60e54d elementor-widget elementor-widget-image\" data-id=\"d60e54d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1086\" height=\"910\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-08-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24456\" alt=\"img 08 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-08-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 1086w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-08-Lightning-Round-Ten-Proxy-Disclosures_2x-300x251.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-08-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x858.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-08-Lightning-Round-Ten-Proxy-Disclosures_2x-768x644.webp 768w\" sizes=\"(max-width: 1086px) 100vw, 1086px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7411968 elementor-widget elementor-widget-text-editor\" data-id=\"7411968\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/www.goldmansachs.com\/investor-relations\/financials\/proxy-statements\/2024\/2024-proxy-statement-pdf.pdf#page%3D17\"><span style=\"font-weight: 400;\">Goldman Sachs 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e762db8 elementor-widget elementor-widget-image\" data-id=\"e762db8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1086\" height=\"910\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-09-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24458\" alt=\"img 09 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-09-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 1086w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-09-Lightning-Round-Ten-Proxy-Disclosures_2x-300x251.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-09-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x858.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-09-Lightning-Round-Ten-Proxy-Disclosures_2x-768x644.webp 768w\" sizes=\"(max-width: 1086px) 100vw, 1086px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d0ddae6 elementor-widget elementor-widget-text-editor\" data-id=\"d0ddae6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/www.mondelezinternational.com\/assets\/Investors\/ASM\/2024\/MDLZ_Mondelez-International_2024-Proxy-Statement.pdf#page%3D21\"><span style=\"font-weight: 400;\">Mondelez 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4afe597 elementor-widget elementor-widget-image\" data-id=\"4afe597\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2252\" height=\"710\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-10-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24460\" alt=\"img 10 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-10-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-10-Lightning-Round-Ten-Proxy-Disclosures_2x-300x95.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-10-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x323.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-10-Lightning-Round-Ten-Proxy-Disclosures_2x-768x242.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-10-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x484.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-10-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x646.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4348538 elementor-widget elementor-widget-menu-anchor\" data-id=\"4348538\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"directortime\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e9ecb8 elementor-widget elementor-widget-text-editor\" data-id=\"3e9ecb8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>4. <span style=\"font-weight: 400;\">Director Time Commitments<\/span><\/h2><p><span style=\"font-weight: 400;\">Most director policies limiting service on other boards reflect the stated guidelines of the company\u2019s most influential investors and proxy advisors. Disclosure of company-specific board service policies is common to show alignment. While shareholders still show interest in these policies, there is increased interest in understanding the board\u2019s analysis of each director\u2019s ability to devote the time necessary for effective service rather than only a bright-line test. Accordingly, proxies are including more information about the board\u2019s process for considering director time commitments.<\/span><\/p><p>\u00a0<\/p><h3><a href=\"https:\/\/investor.bankofamerica.com\/regulatory-and-other-filings\/all-sec-filings\/content\/0001193125-24-064529\/d529855ddef14a1.pdf#page%3D13\"><span style=\"font-weight: 400;\">Bank of America 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f2328cb elementor-widget elementor-widget-image\" data-id=\"f2328cb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2252\" height=\"900\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-11-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24462\" alt=\"img 11 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-11-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-11-Lightning-Round-Ten-Proxy-Disclosures_2x-300x120.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-11-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x409.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-11-Lightning-Round-Ten-Proxy-Disclosures_2x-768x307.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-11-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x614.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-11-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x818.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-686746b elementor-widget elementor-widget-text-editor\" data-id=\"686746b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/s201.q4cdn.com\/566741227\/files\/doc_financials\/2024\/ar\/434943_cardinal-health_nps_pr.pdf#page%3D31\"><span style=\"font-weight: 400;\">Cardinal Health 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fe6f1ed elementor-widget elementor-widget-image\" data-id=\"fe6f1ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2252\" height=\"1216\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-12-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24464\" alt=\"img 12 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-12-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-12-Lightning-Round-Ten-Proxy-Disclosures_2x-300x162.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-12-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x553.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-12-Lightning-Round-Ten-Proxy-Disclosures_2x-768x415.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-12-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x829.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-12-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x1106.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9cb0354 elementor-widget elementor-widget-menu-anchor\" data-id=\"9cb0354\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"shareholderengagementcycle\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d1d686f elementor-widget elementor-widget-text-editor\" data-id=\"d1d686f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>5. <span style=\"font-weight: 400;\">Shareholder Engagement Cycle<\/span><\/h2><p><span style=\"font-weight: 400;\">Companies generally want to show that they are actively engaging with their shareholders year-round. While quarterly earnings calls, investor conferences, and conversations with investor relations and management are ongoing, the primary focus of proxy statement disclosure has been around documenting the who\/what\/ when of the governance outreach program (although some companies also include an overview of their investor relations calendar). The \u201cwhen\u201d component of the disclosure led to a common graphic showing governance engagement efforts during each of spring, summer, fall, and winter. Recently, this graphic has moved away from emphasizing the seasonality of engagement to instead focus more on how each outreach campaign aligns with the board\u2019s calendar and its consideration of feedback.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b42f624 elementor-widget elementor-widget-text-editor\" data-id=\"b42f624\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/investors.leidos.com\/static-files\/36836c7c-b36e-42ae-af99-ff4db7caef58#page%3D18\"><span style=\"font-weight: 400;\">Leidos 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3978dbb elementor-widget elementor-widget-image\" data-id=\"3978dbb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2252\" height=\"824\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-13-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24466\" alt=\"img 13 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-13-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-13-Lightning-Round-Ten-Proxy-Disclosures_2x-300x110.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-13-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x375.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-13-Lightning-Round-Ten-Proxy-Disclosures_2x-768x281.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-13-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x562.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-13-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x749.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e493ee9 elementor-widget elementor-widget-text-editor\" data-id=\"e493ee9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/www.lockheedmartin.com\/content\/dam\/lockheed-martin\/eo\/documents\/annual-reports\/2024-proxy-statement.pdf#page%3D22\"><span style=\"font-weight: 400;\">Lockheed Martin 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2740896 elementor-widget elementor-widget-image\" data-id=\"2740896\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2252\" height=\"1526\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-14-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24468\" alt=\"img 14 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-14-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-14-Lightning-Round-Ten-Proxy-Disclosures_2x-300x203.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-14-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x694.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-14-Lightning-Round-Ten-Proxy-Disclosures_2x-768x520.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-14-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x1041.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-14-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x1388.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f67f345 elementor-widget elementor-widget-menu-anchor\" data-id=\"f67f345\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"beyondtheboardroom\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b0abd5 elementor-widget elementor-widget-text-editor\" data-id=\"2b0abd5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>6. <span style=\"font-weight: 400;\">Beyond the Boardroom<\/span><\/h2><p><span style=\"font-weight: 400;\">Expectations of directors continue to increase with more topics directly falling under the umbrella of strategy and risk oversight. To demonstrate that the board understands the business and is more engaged than a limited quarterly schedule of meetings might suggest, proxy disclosures often show ongoing director involvement. The \u201cbeyond the boardroom\u201d presentation in proxies began six or seven years ago, but decreased during the covid period. Recently, there has been an emergence of this practice, which brings together director orientation, continuing education, and meeting attendance disclosure with other director touchpoints such as briefings and updates between meetings, board interaction with management and employees, and onsite visits.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aafb2cf elementor-widget elementor-widget-text-editor\" data-id=\"aafb2cf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/investors.portillos.com\/static-files\/17d07102-d932-4c87-822e-20f9f81a1314#page%3D34\"><span style=\"font-weight: 400;\">Portillos 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8625d41 elementor-widget elementor-widget-image\" data-id=\"8625d41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2252\" height=\"1198\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-15-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24470\" alt=\"img 15 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-15-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-15-Lightning-Round-Ten-Proxy-Disclosures_2x-300x160.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-15-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x545.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-15-Lightning-Round-Ten-Proxy-Disclosures_2x-768x409.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-15-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x817.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-15-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x1089.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66b4b2e elementor-widget elementor-widget-text-editor\" data-id=\"66b4b2e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/investor.walgreensbootsalliance.com\/static-files\/28a43687-c49f-49e3-8ecc-59ba212be73e#page%3D7\"><span style=\"font-weight: 400;\">Walgreens 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9526795 elementor-widget elementor-widget-image\" data-id=\"9526795\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2252\" height=\"1290\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-16-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24472\" alt=\"img 16 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-16-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-16-Lightning-Round-Ten-Proxy-Disclosures_2x-300x172.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-16-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x587.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-16-Lightning-Round-Ten-Proxy-Disclosures_2x-768x440.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-16-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x880.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-16-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x1173.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a5238fb elementor-widget elementor-widget-menu-anchor\" data-id=\"a5238fb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"sustainabilitygovernance\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-828dacc elementor-widget elementor-widget-text-editor\" data-id=\"828dacc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>7. <span style=\"font-weight: 400;\">Sustainability Governance<\/span><\/h2><p><span style=\"font-weight: 400;\">Remember when most proxies discussed board oversight only in the context of risk? Although not required, it is now common practice to discuss the board\u2019s responsibilities more broadly, including at a minimum the board\u2019s role with respect to strategy and CEO succession planning. Insight into the board\u2019s approach to oversight of specific topics are also frequent disclosures. According to Labrador\u2019s recent benchmarking, approximately three-quarters of companies include a section, subsection or callout discussing the board\u2019s role in ESG oversight in the proxy statement. This disclosure is often accompanied by a visual element depicting the distribution of specific sustainability-related topics among the board and board committees. Inclusion of the governance framework supporting key initiatives can also be helpful \u2013 for example, the board oversight graphic may also include cross-functional management and operating committees tasked with day-to-day ESG responsibility.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-680b4e5 elementor-widget elementor-widget-text-editor\" data-id=\"680b4e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/www.mastercardannualmeeting.com\/media\/feob5hra\/426720-1-_11_mastercard-2024_nps_workiva_wr.pdf#page%3D48\"><span style=\"font-weight: 400;\">Mastercard 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0f73d02 elementor-widget elementor-widget-image\" data-id=\"0f73d02\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2252\" height=\"1454\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-17-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24474\" alt=\"img 17 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-17-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-17-Lightning-Round-Ten-Proxy-Disclosures_2x-300x194.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-17-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x661.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-17-Lightning-Round-Ten-Proxy-Disclosures_2x-768x496.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-17-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x992.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-17-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x1322.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-687a9df elementor-widget elementor-widget-text-editor\" data-id=\"687a9df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/www.unitedhealthgroup.com\/content\/dam\/UHG\/PDF\/investors\/2024\/2024_proxy_statement_final.pdf#page%3D36\"><span style=\"font-weight: 400;\">UnitedHealth Group 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e8b7289 elementor-widget elementor-widget-image\" data-id=\"e8b7289\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2252\" height=\"1326\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-18-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24476\" alt=\"img 18 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-18-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-18-Lightning-Round-Ten-Proxy-Disclosures_2x-300x177.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-18-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x603.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-18-Lightning-Round-Ten-Proxy-Disclosures_2x-768x452.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-18-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x904.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-18-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x1206.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bfe63f6 elementor-widget elementor-widget-menu-anchor\" data-id=\"bfe63f6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"incentivemetrics\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3747dcc elementor-widget elementor-widget-text-editor\" data-id=\"3747dcc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>8. <span style=\"font-weight: 400;\">Selection of Incentive Metrics<\/span><\/h2><p><span style=\"font-weight: 400;\">Most shareholders cast their executive compensation advisory vote based on an assessment of pay and performance alignment. Accordingly, in addition to required CD&amp;A disclosures about program objectives and elements, including if material, \u201cspecific items of corporate performance<\/span><span style=\"font-weight: 400;\">(1)<\/span><span style=\"font-weight: 400;\">\u201dconsidered by the compensation committee, it is also necessary to explain the rationale for selecting certain metrics for the company\u2019s incentive plans and <\/span><span style=\"font-weight: 400;\">why<\/span><span style=\"font-weight: 400;\"> they are important performance indicators given the company\u2019s unique business and its strategic goals. Given the importance of metric selection, we have noticed recent efforts to make this disclosure more prominent, including use of headers or even dedicated sections.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b2ba62 elementor-widget elementor-widget-text-editor\" data-id=\"5b2ba62\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/50863\/000005086324000057\/proxycourtesypdf2024.pdf#page%3D65\"><span style=\"font-weight: 400;\">Intel 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27f8b5e elementor-widget elementor-widget-image\" data-id=\"27f8b5e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2252\" height=\"1462\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-19-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24478\" alt=\"img 19 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-19-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-19-Lightning-Round-Ten-Proxy-Disclosures_2x-300x195.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-19-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x665.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-19-Lightning-Round-Ten-Proxy-Disclosures_2x-768x499.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-19-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x997.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-19-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x1330.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27b2af0 elementor-widget elementor-widget-text-editor\" data-id=\"27b2af0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/investors.rtx.com\/static-files\/f5957454-3174-4285-bf5f-06462044467d#page%3D9\"><span style=\"font-weight: 400;\">Raytheon 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-140c1f8 elementor-widget elementor-widget-image\" data-id=\"140c1f8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2252\" height=\"1446\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-20-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24480\" alt=\"img 20 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-20-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-20-Lightning-Round-Ten-Proxy-Disclosures_2x-300x193.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-20-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x658.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-20-Lightning-Round-Ten-Proxy-Disclosures_2x-768x493.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-20-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x986.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-20-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x1315.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49f0319 elementor-widget elementor-widget-menu-anchor\" data-id=\"49f0319\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"equitygrantpractices\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4931a54 elementor-widget elementor-widget-text-editor\" data-id=\"4931a54\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>9. <span style=\"font-weight: 400;\">Equity Grant Practices<\/span><\/h2><p><span style=\"font-weight: 400;\">The SEC\u2019s 2023 insider trading rules require not only disclosure about Rule 10b5-1 trading arrangements and grants of option awards within four days of reporting material nonpublic information, but also annual disclosure about policies and practices related to the timing of option award grants and release of material nonpublic information. While the latter is not a new requirement in principle, CD&amp;A discussion usually focused on the timing and pricing of specific grants or was embedded in the compensation committee\u2019s decision-making timeline. With the new Item 402(x) of Regulation S-K now in effect, we expect more companies will choose to include a separate section dedicated to its equity grant timing practices (irrespective of whether options are currently part of the equity mix).<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20f4136 elementor-widget elementor-widget-text-editor\" data-id=\"20f4136\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"http:\/\/q4live.s22.clientfiles.s3-website-us-east-1.amazonaws.com\/529358580\/files\/doc_financials\/proxy\/FCX_Prox_2024.pdf#page%3D52\"><span style=\"font-weight: 400;\">Freeport McMoRan 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6221d6c elementor-widget elementor-widget-image\" data-id=\"6221d6c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2252\" height=\"620\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-21-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24482\" alt=\"img 21 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-21-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-21-Lightning-Round-Ten-Proxy-Disclosures_2x-300x83.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-21-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x282.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-21-Lightning-Round-Ten-Proxy-Disclosures_2x-768x211.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-21-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x423.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-21-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x564.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f21ffd7 elementor-widget elementor-widget-text-editor\" data-id=\"f21ffd7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/www.pvh.com\/-\/media\/Files\/pvh\/investor-relations\/PVH-Proxy-Statement-2024.pdf#page%3D62\"><span style=\"font-weight: 400;\">PVH Corp 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-198e603 elementor-widget elementor-widget-image\" data-id=\"198e603\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2252\" height=\"794\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-22-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24484\" alt=\"img 22 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-22-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 2252w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-22-Lightning-Round-Ten-Proxy-Disclosures_2x-300x106.webp 300w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-22-Lightning-Round-Ten-Proxy-Disclosures_2x-1024x361.webp 1024w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-22-Lightning-Round-Ten-Proxy-Disclosures_2x-768x271.webp 768w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-22-Lightning-Round-Ten-Proxy-Disclosures_2x-1536x542.webp 1536w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-22-Lightning-Round-Ten-Proxy-Disclosures_2x-2048x722.webp 2048w\" sizes=\"(max-width: 2252px) 100vw, 2252px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2cd3ef6 elementor-widget elementor-widget-menu-anchor\" data-id=\"2cd3ef6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"compensationrecoupment\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e9b0e8 elementor-widget elementor-widget-text-editor\" data-id=\"6e9b0e8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>10. <span style=\"font-weight: 400;\">Compensation Recoupment Policies<\/span><\/h2><p><span style=\"font-weight: 400;\">Disclosure around companies\u2019 recoupment policies slowly have evolved from a high-level bullet in the \u201cwhat we do\u201d list of compensation best practices to a summary of key terms, mostly to satisfy investor inquiries into whether the policy covers <\/span><span style=\"font-weight: 400;\">any<\/span><span style=\"font-weight: 400;\"> unearned compensation (e.g., due to an accounting restatement) and\/or whether forfeiture is required in situations arising from employee actions. With requirements stemming from Dodd-Frank and related exchanges to adopt compliant recovery policies by December 2023, more robust disclosures were found in the wave of 2024 proxies. Many companies adopted a second policy to comply with the new rules, but also maintained their existing policy, requiring an explanation of the overlap and differences.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d6e9c2a elementor-widget elementor-widget-text-editor\" data-id=\"d6e9c2a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/s24.q4cdn.com\/856567660\/files\/doc_financials\/2024\/ar\/2024-Proxy-Statement_vF.pdf#page%3D90\"><span style=\"font-weight: 400;\">Blackrock 2024 Proxy Statement<\/span> <\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cde1565 elementor-widget elementor-widget-image\" data-id=\"cde1565\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1086\" height=\"1124\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-23-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24486\" alt=\"img 23 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-23-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 1086w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-23-Lightning-Round-Ten-Proxy-Disclosures_2x-290x300.webp 290w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-23-Lightning-Round-Ten-Proxy-Disclosures_2x-989x1024.webp 989w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-23-Lightning-Round-Ten-Proxy-Disclosures_2x-768x795.webp 768w\" sizes=\"(max-width: 1086px) 100vw, 1086px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-340a6f3 elementor-widget elementor-widget-text-editor\" data-id=\"340a6f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/www.bms.com\/assets\/bms-ar\/documents\/2023\/bms-2024-definitive-proxy-statement.pdf#page%3D74\"><span style=\"font-weight: 400;\">Myers Squibb 2024 Proxy Statement<\/span><\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-05afe9b elementor-widget elementor-widget-image\" data-id=\"05afe9b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1086\" height=\"1124\" src=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-24-Lightning-Round-Ten-Proxy-Disclosures_2x.webp\" class=\"attachment-full size-full wp-image-24488\" alt=\"img 24 Lightning Round Ten Proxy Disclosures 2x\" srcset=\"https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-24-Lightning-Round-Ten-Proxy-Disclosures_2x.webp 1086w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-24-Lightning-Round-Ten-Proxy-Disclosures_2x-290x300.webp 290w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-24-Lightning-Round-Ten-Proxy-Disclosures_2x-989x1024.webp 989w, https:\/\/www.labrador-transparency.com\/wp-content\/uploads\/2025\/03\/img-24-Lightning-Round-Ten-Proxy-Disclosures_2x-768x795.webp 768w\" sizes=\"(max-width: 1086px) 100vw, 1086px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>We have summarized 10 trends in proxy disclosures that may have slipped under your radar. These include familiar topics like the board skills matrix, the incumbent nomination process, director time commitments, sustainability governance, and selection of performance metrics used in compensation plans, all of which have evolved in recent years in both content and presentation.<\/p>\n","protected":false},"author":19,"featured_media":6338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[64],"tags":[],"class_list":["post-24434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-proxy-reporting"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lightning Round: Ten Proxy Disclosures That Have Evolved in Recent Years | Labrador Transparency<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.labrador-transparency.com\/en\/blog\/lightning-round-ten-proxy-disclosures-that-have-evolved-in-recent-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lightning Round: Ten Proxy Disclosures That Have Evolved in Recent Years | Labrador Transparency\" \/>\n<meta property=\"og:description\" content=\"We have summarized 10 trends in proxy disclosures that may have slipped under your radar. 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