Tag: governance

The Role of Executive Pay in Promoting Responsible Business

While pay isn’t the only way to attract, retain, and motivate employees, the demand for transparency from shareholders and increased regulations have put executive pay under more scrutiny than ever before. This article reinforces that properly designed pay packages are critical, discusses rising compensation trends and current proposals for reform, and gives us a quick… Read more »

Four Houston Oil Companies Lifted CEO Pay in 2016

Longnecker & Associates’ President, Chris Crawford, was quoted in the Houston Chronicle’s recent article entitled, Four Houston Oil Companies Lifed CEO Pay in 2016. He states, “2017 Proxy statements are being filed, disclosing executive compensation for the last year. Trends are emerging that it was a good year for energy companies bouncing back, and pay… 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 »

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 »

L&A ORIGINAL ARTICLE: Deal Lawyer SEC Chair Could Mean Changes For Executive Compensation

By Brent Longnecker, Alissa Martin & Liz Mayo “Many of President Trump’s appointments have been polarizing, and the nomination for SEC Chair has been no exception. Walter “Jay” Clayton, Partner at Sullivan & Cromwell, has replaced current chair Mary Jo White when she stepped down on January 20th. Clayton, a well-known deal lawyer in mergers,… Read more »

Bank Compensation and Governance in the New Era

New compensation and governance standards are impacting boards of directors in all industries, but even more so in banking, which has more regulatory requirements and is under greater scrutiny. The recent Wells Fargo & Co. $185 million settlement over alleged accounts opened without customer permission illustrates that even the most admired banks with seemingly solid… Read more »