One of the biggest issues facing boards today is setting goals for incentive plans. How do companies find that balance between motivating executives, aligning with the company’s strategic goals, and satisfying shareholders? This article by ClearBridge analyzed the goals for annual incentives & long-term incentives set by 100 S&P 500 companies to help answer this… Read more »
Say On Pay (SOP) is back in the news—and this time in a BIG WAY! Three big energy companies—Exxon, Conoco and BP—just had shareholders reject their pay packages. At L&A this was a surprise since all 3 companies have excellent boards; excellent leadership and what we would have assumed, great shareholder outreach. This article by… Read more »
We want to share this podcast interview with our readers. Ann Yerger, a fellow expert in our industry, shares about the evolution of corporate governance that she has seen over her 30-year career. Listen to the audio interview here.
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.
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 »
The Top 10 Compensation Issues Facing You Thursday, May 11 | 8:45 AM – 9:45 AM (repeats 10:00 AM session) NRG Center (Houston, TX) – Room 604 Speaker: Brent Longnecker The HR function has been changing over the years. More businesses are realigning the role of HR so they can best manage and grow their… Read more »
President Trump has made tax reform one of his main priorities, and he is proposing a massive tax cut. This article details what changes are being proposed. In response to this article, our Chairman & CEO, Brent Longnecker, stated, “This is important to know – especially the AMT that effects ISOs and the Corporate rate…. Read more »
We found this article and thought our readers might be interested in why executive pay gets a bad rap. The media typically looks at a total compensation number and reports it without the appropriate context, so it’s easy to understand why executive pay is often misrepresented; and politics and optics mostly amplify this misunderstanding. However, when people… Read more »
This article is about executive compensation being highly controversial with most Americans feeling that CEO compensation among large publicly traded corporations is a problem. This article goes in depth to discuss how executive compensation practices have changed in the recent years, metrics to link management pay to company performance as well as many other comparisons.
An article was recently published regarding the CEO of a not for profit, Health Care and Rehabilitation Services. Judith Hayward, the CEO, is reported to have received a $650,000 retirement package after 19 years of service. The author highlights the problematic excessive payment and the anger of some company employees. In the author’s words, “this… Read more »