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WSIB updates proxy‑voting policy, endorses guidance on executive pay and adopts 2026 strategic plan
Summary
The board approved revisions to its global proxy voting policy to emphasize executive‑compensation considerations and human‑capital proposals and also adopted the 2026 strategic plan after a presentation by CEO Allison Lisonbee.
The Washington State Investment Board approved revisions to its global proxy‑voting policy on Dec. 18, streamlining the policy structure and making explicit the circumstances under which advisory "say on pay" votes could escalate to binding voting actions by boards of directors.
Bridget Murphy, asset stewardship officer, and Julian Hammond, assistant corporate governance officer, told the board the revised guidance groups proposals by ballot type and adds five specific executive‑compensation considerations,…
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