Tag: Board of Directors

4 Guiding Perspectives on Compensation Committee Goal Setting

“Compensation committees face a full agenda in the first quarter of every new year. We outline four guiding perspectives or data points that all committees should consider as they set compensation goals. Now in the thick of Q1, compensation committees tend to find themselves very busy with two important tasks. First, the committee must assess the… Read more »

How Boards Should Evaluate Their Own Performance

“The New York Stock Exchange requires that the boards of all publicly traded corporations conduct a self-evaluation at least annually to determine whether they are functioning effectively. The purpose of the exercise is to ensure that boards are staffed and led appropriately, that board members are effective in fulfilling their obligations, and that reliable processes are… Read more »

Six Tips to Helps Boards Avoid a Crisis

“When an organization fails because of executive malfeasance, it generates a lot of attention. But such situations are actually relatively rare. It’s much more common, though less talked about, for organizations to fail because of ungoverned incompetence. That is, someone does the wrong thing while trying to do the right thing, and organizational systems fail… Read more »

Sustainability: Hot Nonprofit Governance Issues

“In the next four years, nonprofit boards will face exceptional challenges affecting long-term financial and operational sustainability. It is likely that governmental grants will substantially decline. Business/individual donor gifts can be reduced should the economy teeter towards recession or the tax code changes in an unfriendly way. But, as usual, demand for nonprofit services will… Read more »

ORIGINAL L&A ARTICLE: An Interview with our CEO

Below is an excerpt from our latest monthly newsletter, the LBlast. Please subscribe via our website. In a recent National Association of Corporate Directors panel, Longnecker & Associates’ CEO, Brent Longnecker, was asked a series of questions related to current hot button compensation topics. Through his extensive work as both a consultant, executive and director,… Read more »

Rewarding Executives for Successful Bank M&A

“Mergers and acquisitions (M&A) can create significant value for shareholders. Accordingly, bank executives should be rewarded when completing and integrating successful transactions. However, in today’s environment of heightened executive pay scrutiny, some approaches to providing additional compensation for M&A can result in criticism from shareholders and advisory firms such as Institutional Shareholder Services and Glass… Read more »

10 Key Findings That Impact Board Performance

“Overseeing a company is no small task. Disruptive technologies are changing corporate business models, geopolitical turmoil is impacting supply chains and investment opportunities, and increased regulatory complexity is affecting innovation. Institutional investors and shareholder activists are also playing a more powerful role shaping corporate governance. But no one more than board directors have to keep… Read more »

Reconsideration of Pay Ratio Rule Implementation

“The Commission adopted the pay ratio disclosure rule in August 2015 to implement Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The rule requires a public company to disclose the ratio of the median of the annual total compensation of all employees to the annual total compensation of the chief executive… Read more »

Board of Directors Pay: Rewarding for Expertise

“Board of Directors pay continues its upward trend according to a study published by Total Compensation Solutions (TCS). The Board compensation report shows increases of approximately 7 to 8 percent from last year for annual retainers for the Chairman, and Regular Board Members and an increase of 14.4% for Lead Director annual retainers.” Read the… Read more »