Key Takeaways
A Letter to the Editor authored by Bob Mann, CEO of Glass Lewis and printed in the Wall Street Journal, November 26, 2025
In the November 26 edition of the Wall Street Journal, Glass Lewis’ CEO, Bob Mann, authored a Letter to the Editor that articulates our commitment to change proxy voting practices and the actions we are undertaking to strengthen trust and transparency within our industry. On both fronts, we believe that our global clients - who are operating in a world of increasing expectations and diverging approaches to fiduciary duty across jurisdictions – require a partner that can adapt to these market dynamics and fulfill their distinct investment objectives effectively.
That’s why, in mid-October, Glass Lewis announced that we will move away from a single house view and instead offer multiple sets of research perspectives and related vote recommendations that reflect the varying viewpoints of our institutional clients. Further demonstrating our commitment to transparency, strengthening trust in the proxy voting system and delivering a model that empowers our clients to control all aspects of their proxy voting decisions, we are taking these additional steps.
- Glass Lewis will transition all clients to custom voting frameworks that align with their needs. As a service provider, our goal is to enable investors to exercise their shareowner rights in the manner they choose, ensuring that their policy - not ours - drives voting outcomes.
- We are prioritizing transparency and integrity within our industry. Glass Lewis supports efforts aimed at preventing conflicts of interest, particularly regarding proxy advisors providing consulting services to companies upon which they evaluate and issue vote recommendations.
- Glass Lewis will register with the U.S. Securities and Exchange Commission (SEC) as an investment adviser. We strongly believe by choosing to operate under regulatory oversight, we will reinforce the trust our clients have placed in us.
We encourage you to read the Letter to the Editor of the Wall Street Journal here, and as always, Glass Lewis welcomes your feedback. To share your thoughts, please email us at visionquestions@glasslewis.com.
