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Jun 30, 2007

E-proxy era

Companies warily eye new e-delivery option as cost savings are promised, but exact figures are unknown

With the advent of e-proxies, IROs suddenly have the chance to save large sums by no longer mailing out thousands of bulky packages of annual reports and proxy materials, most of which wind up in the trash. Are they rejoicing? Not yet. Many are concerned the SEC’s new ‘notice and access’ rule is fraught with far too many unknowns. The SEC’s Rule S7-10-05 allows public companies to mail shareholders a card informing them where and how they can access proxy materials on the

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