Of the many worries that whirl around the minds of chief executives, few are more unsettling than the question of succession. Having toiled their way to the top of the corporate ladder, many bosses struggle to imagine relinquishing control and placing their legacy in the hands of another. A growing number of America’s bosses have… Continue reading America’s Bosses Just Won’t Quit. That Could Spell Trouble.
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CEO Pay Saw Sharp Decline in 2022: Report
Nearly two-thirds of chief executives at S&P 500 firms earled less in 2022 than they were originally awarded, according to new data. …According to the Wall Street Journal, which analyzed data tabulated by public company intelligence provider MyLogIQ, while the lion’s share of S&P 500 CEOs lost money from when their pay was issued last… Continue reading CEO Pay Saw Sharp Decline in 2022: Report
As Investors Zero In on Climate Targets, Companies Lag Behind
Investors are ramping up their scrutiny of medium-term emissions reduction targets and are planning to hold boards accountable if they don’t pass muster. Proxy advisory firm ISS’s recent benchmark survey results show that a significant number of 188 investors told ISS that a lack of “realistic” medium-term emissions reduction targets for Scope 1 and 2… Continue reading As Investors Zero In on Climate Targets, Companies Lag Behind
24/7 Wall St./MyLogIQ CEO Pay For S&P 500
Public corporation CEO compensation has been considered excessive in the United States for decades. What these CEOs make is easy to determine, because publicly traded companies are required to disclose the information. Among the groups that have complained most loudly are those who believe CEOs make little contribution to American society. Why should a CEO… Continue reading 24/7 Wall St./MyLogIQ CEO Pay For S&P 500
Precision Raises for Directors as Comp Freeze Thaws
Boards have begun making small adjustments to director compensation programs, bringing cash and equity retainers up to market medians and making precision increases to committee and board leadership retainers after two years of leaving pay untouched. A look at 2022 proxy statements filed so far among Russell 1000 companies using public company intelligence provider MyLogIQ… Continue reading Precision Raises for Directors as Comp Freeze Thaws
Cyber Risk a Moving Target as Boards Weigh Insurance Options
The recent surge in cybersecurity and ransomware attacks has spurred many boards to ask management to take a second look at the cybersecurity protections that they have in place, specifically insurance coverage in the event of an attack with cascading impacts on partners and third parties. Recent estimates show that the global cyber insurance market… Continue reading Cyber Risk a Moving Target as Boards Weigh Insurance Options
How Women Will Save The Future, One Corporate Board at a Time
Getting more women into the corporate boardroom has been a high priority governance issue for several years globally.
While there has been progress, has it been enough?
According to data from MyLogiq, 30% of corporate directors are female for the companies in the Dow 30, while only 23% are female for companies in the Russell 3000 index.
Deloitte reports that women only hold 16.9% of board seats globally even though between 2008 and 2015, 32 countries enacted some type of boardroom gender quota.
As a macro benchmark, the World Bank estimated that 50.52% of America’s population and 49.58% of the global population was female in 2018. Deloitte’s research reports that Norway and France come closest to these percentages, with female directors comprising 41% and 37% of the boardroom.
Stock Awards to CEOs Have Grown Considerably
Stock awards have become a key compensation vehicle used by boards in their efforts to better align pay and performance for the long term, almost entirely replacing stock options. It is one of the main findings from a new report, CEO and Executive Compensation Practices: 2018 Edition, a collaboration by The Conference Board, Gallagher, and MyLogIQ. In… Continue reading Stock Awards to CEOs Have Grown Considerably