Private company
Glass Lewis
Logo: Glass, Lewis & Co., Public domain, via Wikimedia Commons3
American proxy advisory services company
Glass, Lewis & Co. (Glass Lewis) is a major American proxy advisory services company. As of spring 2019, Glass Lewis controlled 28% of the proxy advisory market for mutual funds; this makes it the second-largest company in the market behind Institutional Shareholder Services. The primary services provided by Glass Lewis are research and recommendations for shareholder votes by institutional investors, including a digital platform for managing these votes and reporting.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
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Glass, Lewis & Co. (Glass Lewis) is a major American proxy advisory services company. As of spring 2019, Glass Lewis controlled 28% of the proxy advisory market for mutual funds; this makes it the second-largest company in the market behind Institutional Shareholder Services. The primary services provided by Glass Lewis are research and recommendations for shareholder votes by institutional investors, including a digital platform for managing these votes and reporting. A large fraction of those investors follow the recommendations of Glass Lewis in lockstep, giving it outsize importance and impact on governance across the corporate sphere.2
Controversies and legal
Knight Therapeutics board slate controversy
In April–May 2019, Glass, Lewis & Co controversially did not recuse itself from issuing voting recommendations in a proxy contest at Knight Therapeutics, a Canadian company. In advance of the May 7th, 2019 vote, Glass, Lewis & Co sided with the slate of nominees which included Kevin Cameron, a co-founder and past senior executive at Glass, Lewis & Co itself. This precedent could encourage future activist shareholders to include past proxy advisor senior executives in their nominee slates to unfairly obtain favorable recommendations. Additionally, Cameron did not disclose in any of his publicly released biographies at the time the fact that he was on the board of directors of two separate public companies as they filed for bankruptcy (ECOTality - ticker:ECTY and Reddy Ice - ticker:FRZ). This raised concerns about neutrality and disclosure which are particularly significant given the company's outsize impact on the broader corporate sphere and access to extensive sensitive information where neutrality is difficult to confirm and tempting to discard.
From Wikipedia’s article on Glass Lewis, shared under CC BY-SA 4.0.4
Timeline
- 2003Founded Founded1
Links
- WikipediaGlass Lewis
- WikidataQ5567060
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataGlass Lewis on Wikidata
- 2WikipediaGlass Lewis on Wikipedia
- 3Wikimedia CommonsGlass Lewis logo by Glass, Lewis & Co., Public domain
- 4