Leave Delaware(@LeaveDelaware):NEW DATA: ISS AND GLASS LEWIS OPPOSED 15 OF 16 TEXAS REDOMICILIATION PROPOSALS. SHAREHOLDERS PASSED 13 ANYWAY. A new Pay Governance analysis published by Harvard’s Forum on Corporate Governance shows just how wide the gap has become between proxy advisers and actual institutional voting. BlackRock supported 11 of 14 Texas redomiciliation proposals. State Street supported 13 of 15. Among non-controlled companies, median shareholder support for moving to Texas was 67%. Among companies with controlling or concentrated ownership, it was roughly 85%. Proxy-adviser opposition is clearly not enough to stop the redomiciliation trend.

2026.10.03 13:14

NEW DATA: ISS AND GLASS LEWIS OPPOSED 15 OF 16 TEXAS REDOMICILIATION PROPOSALS. SHAREHOLDERS PASSED 13 ANYWAY. A new Pay Governance analysis published by Harvard’s Forum on Corporate Governance shows just how wide the gap has become between proxy advisers and actual institutional voting. BlackRock supported 11 of 14 Texas redomiciliation proposals. State Street supported 13 of 15. Among non-controlled companies, median shareholder support for moving to Texas was 67%. Among companies with controlling or concentrated ownership, it was roughly 85%. Proxy-adviser opposition is clearly not enough to stop the redomiciliation trend.