Our survey team at L&A has designed an incentive compensation survey for the Oil & Gas industry to provide competitive market practices in both annual and long-term incentive compensation plan designs. Specifically, the survey will report on incentive plan eligibility, performance metrics, vehicle mix, vesting periods, vesting schedules, annual incentive targets, and long-term incentive targets…. Read more »
While CEO pay has been a hot topic for many years, it has come back into the spotlight after the House of Representatives recently voted to repeal the Dodd-Frank legislation. Critics are complaining that transparency is necessary to lower CEO pay, but we are sharing this Fortune article that shows the majority of CEOs really… Read more »
Longnecker & Associates’ President, Chris Crawford, was quoted in this recent article from the Houston Business Journal discussing why it “pays” to live in Houston. Written by Jack Witthaus, the article highlights various roles and expert rationale on why they either earn more or less than the national average. The article also includes some helpful graphics… Read more »
Carefully drafted incentive compensation plans can improve executive loyalty. It’s a good idea to make sure your executives are protected, and there are a lot of variables to consider in putting together incentive compensation plans. This article discusses options like cash or equity, appropriate triggers, and other “do’s and don’ts” to consider with drafting this type… Read more »
The Say-on-Pay failure rate is the lowest it’s been since voting began in 2011. According to this Semler Brossy chart, the failure rate is at 0.6%, and only seven Russell 3000 companies have failed thus far in 2017.
We found and wanted to share this recent Forbes article rehashing an interesting discussion from five leading governance experts on the topic of effective governance strategies. While concluding that best practices are not “one size fits all”, the article highlights some key factors for boards to evaluate when determining how best to develop an effective… Read more »
One of the biggest issues facing boards today is setting goals for incentive plans. How do companies find that balance between motivating executives, aligning with the company’s strategic goals, and satisfying shareholders? This article by ClearBridge analyzed the goals for annual incentives & long-term incentives set by 100 S&P 500 companies to help answer this… Read more »
We want to share this podcast interview with our readers. Ann Yerger, a fellow expert in our industry, shares about the evolution of corporate governance that she has seen over her 30-year career. Listen to the audio interview here.
Board independence is an increasing focal point for investors, proxy advisors and corporate issuers, especially now as companies go through their annual shareholder meetings. With that in mind, we thought this article from the Financial Times relevant for our community as it highlights a recent study on director independence and its impact on governance.
We believe this article by Harvard regarding cybersecurity for boards is worthwhile for our readers. When it comes to the board’s role in risk oversight, it is imperative for directors to stay ahead of the curve. Since it can be difficult to identify upcoming risks, this article discusses prioritizing three specific areas based on emerging… Read more »