Nearly 40 S&P 500 firms included security costs in their CEOs’ perk packages last year, according to an analysis of data from public company intelligence provider MyLogIQ. The percentage of CEOs receiving home security upgrades, bodyguards and other perks has remained little changed in recent years, the data shows. But for some CEOs — particularly… Continue reading High-Profile CEOs See Security Perks Climb in Divisive Environment
Category: Agenda
Hanging Around: More 65+ CEOs Stay On the Job
Within the next five years, major corporations from JPMorgan Chase to The Walt Disney Co. could be placed under new leadership as their current chief executives eye their exits. Overall, more than one in 10 CEOs at S&P 500 firms have already hit the traditional retirement age. And another nearly 15% could reach age 65… Continue reading Hanging Around: More 65+ CEOs Stay On the Job
AI Disclosures Increase, yet Committee Charters Have Not Caught Up
Artificial intelligence is the single-largest area that boards have devoted time to in the last year, but at the same time, only a handful of public company boards have included AI in their committee charters. Of the Russell 3000, only 24 committee charters made mention of AI or related keywords in 2023 and 2024, according… Continue reading AI Disclosures Increase, yet Committee Charters Have Not Caught Up
Paramount Faces Golden Parachute Clash as CEO Steps Down
Departing Paramount Global CEO Bob Bakish’s exit package is estimated to top $50 million, highlighting a stockholder proposal up for a vote this spring that, if adopted, would require shareholder approval of golden parachutes. Shareholders are targeting nearly two dozen Russell 3000 companies with similar proposals this proxy season, and observers said investors’ focus on… Continue reading Paramount Faces Golden Parachute Clash as CEO Steps Down
How ESG Metrics Are Taking Over Annual Incentive Plans
Compensation committees at S&P 500 companies are increasingly tying annual bonuses to measures beyond financial performance. The inclusion of environmental, social and governance goals in short-term incentive plans has increased fourfold since 2019, according to data collected from proxy statements. Experts say these nonfinancial metrics can serve as useful motivators as companies aim toward specific… Continue reading How ESG Metrics Are Taking Over Annual Incentive Plans
Visual Investigation: Pay Gaps Widen as Workforce Scrutiny Grows
The pay gap between CEOs and their employees has widened over the past half decade, according to an analysis by Agenda of S&P 500 proxy statements. In 2022, half of all S&P 500 CEOs earned at least $183 for every dollar earned by their company’s typical employee. This value is $16 higher than it was… Continue reading Visual Investigation: Pay Gaps Widen as Workforce Scrutiny Grows
Are Companies Really Reincorporating in Nevada?
Elon’s Musk’s $56 billion pay package’s upheaval, a hedge fund sanctioned for failing to preserve phone messaging, an order striking down a therapeutic firm’s corporate bylaws — all these adverse rulings occurred in Delaware. Could they be leading some companies to seek a new home in Nevada? In reality, however, most large companies aren’t considering… Continue reading Are Companies Really Reincorporating in Nevada?
Are Check Marks ‘Cheap Talk’ in Board Skills Matrices?
Disclosures about directors’ skills and expertise are increasingly coming under the microscope as investors ramp up calls to link board members’ skills with company needs and strategy and activists use the universal proxy to seize upon alleged deficiencies in boardroom competence. Now, new research could add fuel to the fire. A recent study suggests that… Continue reading Are Check Marks ‘Cheap Talk’ in Board Skills Matrices?