As someone who has been working in executive compensation for the better part of 30 years, I was keen to see how the new Dodd-Frank Wall Street Reform and Consumer Protection Act would impact proxy season 2011. Advisory shareowner votes on executive compensation were the big story of this proxy season, the inaugural year for “Say on Pay” at most U.S. public companies. As most of us know by now, the legislation, which President Obama signed into law in on July 21, 2010, requires U.S. public companies to provide their shareholders with a non-binding vote to approve the compensation of senior executives.