Shareholders ease pressure on CEO pay—Reuters

The continual decline in investor support for companies in Say-on-Pay votes has reversed this year, according to Farient data cited in this Reuters Sustainable Finance article. Some 70% of companies in the S&P 500 won support from at least 90% of votes cast on their executive compensation this year, up from 69% last year. But why? According to Farient’s ESG Leader, Brian Bueno, also cited in this article, companies have both reduced pay overall, and improved their pay practices, better linking compensation to performance, in the eyes of investors.

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About Brian Bueno

ESG Practice Leader, Farient Advisors/GECN Group, New York

New York
(646) 626-6929
brian.bueno@farient.com

Brian Bueno is the ESG Leader at Farient Advisors. In this role, Brian guides the firm’s strategy, research, and analysis on environmental, social, and corporate governance (ESG) matters. Brian focuses on the ESG landscape and its intersection with executive compensation and incentives in order to assist clients in understanding stakeholder considerations and developing and implementing appropriate programs that help create stakeholder value.

Prior to re-joining Farient in 2022, Brian was vice president and product manager at Institutional Shareholder Services (ISS), a leading proxy advisory firm, where he led the development of solutions that assist institutional investors evaluate executive compensation and related areas at their portfolio companies across global markets. Additionally, at ISS’s Corporate Solutions arm, Brian led the creation and management of product platforms that allow companies to benchmark themselves across executive compensation and ESG topics.

Prior to joining ISS in 2015, Brian worked at Farient where he managed the development and delivery of Farient’s Performance Alignment Reports and associated research, including analyses on executive pay definitions and financial performance metrics and their link to shareholder value. At Farient, Brian also worked with clients across various industries, including energy, industrials, banking, and insurance. And before Farient, Brian held a market research role involved in identifying opportunities and risks in particular industries and communicating findings to clients and media.

Brian holds a BS from the University of Southern California’s (USC) Marshall School of Business with a triple concentration in finance, marketing, and entrepreneurship.

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