Tag: Board of Directors

Dangling the Carrot: How Banks Can Approach Incentive Compensation

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 »

Only 7 Say-on-Pay Failures So Far

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.

5 Governance Experts Share Perspective On Boards

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 »

Media Bias in CEO Pay

On March 13, 2017, Fortune.com published an article comparing compensation of Marissa Mayer, Yahoo’s CEO, and her replacement, Thomas J. McInerney. This article, titled “Yahoo’s new Male CEO Will Make Double Marissa Mayer’s Salary,” reports limited information and draws erroneous conclusions to support their discussion of the gender wage gap. Our article provides a comparison… Read more »

MAY L-BLAST: Media Bias in CEO Pay | Top 10 Compensation Hot Topics | Court Questions Accelerated Vesting of Equity Compensation

In this month’s edition of the L-Blast, we have a very interesting original L&A article for you about media bias in CEO compensation. It references an article from Fortune.com that draws erroneous conclusions to support their discussion of the gender pay gap between Yahoo’s present and previous CEOs. It provides a comparison on both CEO’s… Read more »

A Surprising Definition of Board Independence

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.

Cybersecurity Trends for Boards of Directors

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 »

U.S. Board Practices

Harvard Law’s Board Practices Study focuses on traditional board issues and also those which have recently heightened shareholder interest in the boardroom. Governance continues to evolve, but investor focus has been placed on the role of the board as the company’s shareholders’ representative, and how the board’s practices should promote this responsibility. Read more here.

Bonus Targets Can Be Real Easy for Bosses in a Volatile Industry

Our Chairman & CEO, Brent Longnecker, was recently quoted in this article, Bonus Targets Can Be Real Easy for Bosses in a Volatile Industry, that uses the example of US Steel’s bonus payouts to discuss easy compensation targets that are set for executives – a long-time complaint of shareholders. The economy is constantly changing, so it… Read more »