Over the last several years, the number of annual shareholder meetings held virtually had been trending upward. But nothing could have anticipated the jump in 2020. The COVID-19 pandemic’s quick spread through the US in the spring of 2020 created the need for companies to make a quick and unplanned pivot from in-person annual meetings to a virtual or hybrid model.
Lessons learned from the 2020 proxy season present opportunities for companies as they plan for their 2021 shareholder meeting. Here, we’ll talk about some of those lessons and best practices going into next year’s annual meeting season.