A new ISS policy geared toward reining in excessive pay among boards could also result in greater scrutiny of board perquisites or pay elements that ISS views as problematic, particularly for companies planning to seek shareholder approval of director pay. The proxy advisory firm last week provided more details about how it will consider director compensation plans… Continue reading New ISS Policy a Warning Shot for Boards
Tag: Compensation
CEO and Executive Compensation Practices: 2017 Edition
The Conference Board, in collaboration with Arthur J. Gallagher & Co. and MylogIQ, recently released CEO and Executive Compensation Practices: 2017 Edition, which documents trends and developments on senior management compensation at companies issuing equity securities registered with the US Securities and Exchange Commission (SEC) and, as of May 2017, included in the Russell 3000 Index.… Continue reading CEO and Executive Compensation Practices: 2017 Edition
Mandatory Equity Deferrals for Directors On the Rise
A small but growing number of boards are requiring that directors defer a portion of their annual equity compensation until after board service ends, although some experts caution that such an approach could potentially come back around as a hindrance in board recruiting. … Deferral Differences A look at director compensation plans using MyLogIQ, an SEC compliance and… Continue reading Mandatory Equity Deferrals for Directors On the Rise
‘New Normal’ in Pay Extends to Directors
The relatively nominal raises seen in CEO pay at the largest companies are also being reflected in boards’ increases to their own pay plans. Compensation consulting firm Willis Towers Watson reports that among 300 Fortune 500 companies, total direct compensation for directors grew 2% at the median, to roughly $260,200, from 2016 to 2017. Among the 300 companies reviewed in the… Continue reading ‘New Normal’ in Pay Extends to Directors
Top to Bottom: Pay for 500 CEOs
The median pay for CEOs at the biggest U.S. companies was $11.7 million in 2016, up from $10.8 million the year before and a post-recession record, according to a Wall Street Journal analysis of S&P 500 firms. Most CEOs received a pay raise of at least 7%, amid a surging stock market and rising corporate profits. Scroll… Continue reading Top to Bottom: Pay for 500 CEOs
Though Outnumbered, Female CEOs Earn More Than Male Chiefs
Women in command of America’s biggest businesses are reaping rich rewards. In an unusual reversal of the gender pay gap, female chief executives at some of the largest U.S. companies repeatedly outearn their male counterparts. Last year, 21 female CEOs received a median compensation package of $13.8 million, compared with the $11.6 million median for 382… Continue reading Though Outnumbered, Female CEOs Earn More Than Male Chiefs
REIT Sector Gets Lower Marks on Pay Plans
The real-estate investment trust industry, which has gotten high marks in recent years for adopting compensation programs that investors like, has suffered a bit of slippage in 2016. So far this year, four REITs including mall giant General Growth Properties Inc. have had pay plans rejected by shareholders in nonbinding votes. By comparison, only one REIT received such… Continue reading REIT Sector Gets Lower Marks on Pay Plans
How the Journal Analyzed CEO Compensation
The Wall Street Journal analyzed CEO pay for companies in the S&P 500 index using compensation data provided by MyLogIQ LLC, a securities-filing data service. The 2015 figures included 452 companies that filed compensation data from July 1, 2015, through May 31. Companies were omitted for years in which there was a change of chief executive.… Continue reading How the Journal Analyzed CEO Compensation