Over the last five years, stockholder activism has undergone significant transformation, shaped by changing market conditions, regulatory developments, and evolving societal expectations.

Tracking these important shifts, Fenwick has released its "2024 Proxy Season Results in Silicon Valley and Large Companies Nationwide" report, a comprehensive investigation of five-year trend data covering the 2020-2024 proxy seasons looking at annual meeting participation, director elections, say-on-pay, and other company and stockholder proposals among the technology and life sciences companies included in the Fenwick – Bloomberg Law Silicon Valley 150 List and the public companies included in the Standard & Poor’s 100 Index.

Some highlights you'll find inside:

• Support for stockholder proposals increased in the SV 150 and decreased slightly
  for the S&P 100.
• The total number of stockholder proposals on which SV 150 and S&P 100 companies voted decreased slightly in 2024. 
• The number of stockholder proposals passing at SV 150 companies increased in 2024. 
• The number of company proposals for the SV 150 increased sharply in 2024, after remaining relatively steady over the prior two years.
• SV 150 companies saw more support for say-on-pay proposals in 2024, reversing the downward trend of declining support in recent years.

Access the full report here.