Update your Glass Lewis peer group

The submission period is now closed for proxy filings covering the period from August 1 through January 31, 2021. The submission period for proxy filings from February 1 to July 31 will open on December 14, 2020.

After completing the “Submit Your Peers” form, our engagement team will be in touch via email to personally guide you through the peer submission process to ensure accuracy and completeness.

Our analysts are always happy to have longform meetings with the companies they cover, at no cost. Please request an engagement meeting here.


Why is Glass Lewis’ accepting peers for 2020?

Glass Lewis has introduced a new proprietary peer group methodology that will drive the A-F grades of our Pay-for-Performance Model and are critical to the Say on Pay recommendations we make to over 1,300 institutional investors.

Grades will change for individual companies and using or relying on the 2019 peer methodology would give incorrect and inaccurate results from our Pay-for-Performance Model.

Will Glass Lewis’ new peers be different to those used in 2019?

Yes. Peers in 2020 will be significantly different to peers used under the old 2019 methodology.

The new methodology to create Glass Lewis’ peers has an eight-fold increase in the number of independent tests applied to a company’s self-disclosed peers, resulting in a 14% reduction in the overlap between a company’s self-disclosed peers and the peers that Glass Lewis uses to assess pay-for-performance and award grades.

Methodology Update

Glass Lewis is now using CGLytics governance data. As announced, we will no longer use Equilar data from January 1, 2020 in our Pay-for-Performance Model and Peer Methodology.

Why should you send an update on your peer group?

This ensures that Glass Lewis and our partners have the most up to date information on anticipated changes to your peer group to ensure we can take into account your most recently disclosed peers and publish the most accurate research possible to our investor clients.

What is the deadline for peer group updates?

The deadline is January 31, 2020, to update peer groups for proxy filings through July 31, 2020.

The deadline is July 31 to update peer groups for proxy filings through January 31, 2021.

How do you submit your peer group?

During an open submission window, click the “Submit Peers” button at the top right of this screen and fill in the form. We will confirm your updated peers within two business days.

Should you send Glass Lewis a peer group even if you plan no change?

Yes. This is a good opportunity to confirm your prior information and have confidence in our accuracy.

Should you let Glass Lewis know if you do not intend to disclose a peer group?

Yes. This is a good opportunity to confirm your prior publicly-disclosed information and have confidence in our accuracy. It also provides you the opportunity to explain to our analysts why that is the case, as we are not able to use peers that are not publicly disclosed in proxy filings.

Should I include more than one peer group?

Please focus on submitting the primary peer group you will use in your upcoming proxy filings.

Should I include private companies?

No. We do not include private companies in our assessment of peer groups.

Would you like to ask us more questions?

Please contact us using the “Request a Meeting” page.