We would like to share an article by Matthew Heller that discusses an Equilar survey that found CFO pay growth at S&P 500 firms is outpacing that of CEOs and performance-based equity is gaining prominence.
In this Wall Street Journal article entitled, “EpiPen Maker Dispenses Outsize Pay“, the author points out potential excessive pay (based on peer group) and aligning business decisions purely due to desired achievement of incentive plans versus company profits. Here is a snippet of the rationale from WSJ: One reason that Mylan ranked so high in the… Read more »
Written by Brian Bell and John Van Reenen “Would moving to relative performance contracts improve the alignment between CEO pay and performance? To address this we exploit the large rise in relative performance awards and the share of equity pay in the UK over the last two decades. Using new employer-employee matched datasets we find… Read more »
Today we feature a blog post by Cydney Posner “highlighting a call for companies to reconsider their growing reliance on long-term incentive pay in executive compensation programs.” This article is definitely interesting; however, when does “efficient currency”, in this case short term incentive over long term incentive, come at the expense of planting almond trees… Read more »
Check out our latest L&A original article (L&A_LBlast_Article1_082616_HR) “Does a Higher Governance Score Improve Shareholder Value?”, that was featured in our August L-Blast newsletter. It was written by Ian Keas, Chris Crawford, and Brent Longnecker. If you’d like to sign up to receive our monthly newsletter containing important news in executive compensation and corporate governance, please… Read more »
“Some of the country’s best CEOs have had personal coaching, and that has contributed directly to their and the company’s success. No one is perfect, and we all benefit from one-on-one feedback, peer assessment, mentoring, and motivating coaches and trainers. Boards should see CEO coaching as a wise investment, and in the longer-term so old… Read more »
Our Chairman & CEO, Brent Longnecker, was quoted in a recent article in the online version of the Arkansas Democratic Gazette entited, “ARKANSAS EXECUTIVE PAY: Tyson, 3 at Wal-Mart Atop State Pay List”.
Last week, the analysis we conducted for the Houston Chronicle (regarding compensation among the highest paid executives of Houston’s publicly traded companies) was mentioned in an article on MySanAntonio.com entitled, “Executive Pay Still Rising Despite Energy’s Downturn.”
Because NASDAQ’s new golden leash disclosure requirement is effective, we would like to pass along this Gibson Dunn memo about how it intersects with the Form 8-K disclosure requirements. Please let us know if you have questions!
L&A Director, Kevin Kuschel, and Senior Consultant, Josh Whittaker, were recently quoted in an article entitled, “Job Openings Reflect Growing Confidence in Midstream Industry.”