The 2022 proxy voting season sees say-on-pay failures at an all-time high, according to a recent article by Willis Towers Watson. As of Sept. 30, 2022, there were 78 say-on-pay failures for companies in the Russell 3000, an increase over last year’s previous record of 71. The increase indicates that pay adjustments made during the height of the COVID-19 pandemic are starting to get a heavy degree of scrutiny. We spoke with Brian Myers, governance team lead, North America, and director of executive compensation at Willis Towers Watson, to explore the factors contributing to a record number of say-on-pay failures, shareholder preferences on performance-based incentives and more. READ MORE