Proxy Blog

Public Service Enterprise Group Inc. 

March 29, 2021

The annual proxy for this energy company had the following proposals: 

  1. Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote 
  2. Board proposals on equity compensation and long-term incentive plans 

Magni for and against proforma proposals: 

  1. For and against proforma proposals.
    For directors – The disclosures meet the criteria in Magni’s policy on election of directors
    -For auditors – The company meets the criteria in Magni’s policy on auditor ratification.
    -Against advisory vote – The disclosures in the proxy did not meet the criteria in Magni’s policy on the advisory vote. 
  2. For board proposals on equity compensation and long-term incentive plans – Per Magni policy, Magni votes in favor of many of these proposals.