August 31, 2021
Agenda – Exec Pay Rising on Activist Agenda
A dozen proxy campaigns this year in the U.S. included compensation-related demands, the highest since 2013, according to data from Insightia. In fact, the firm wrote that 2021 is on pace to be a record-breaking year for compensation-related demands.
According to RJ Bannister, COO of Farient Advisors, comp committees need to ensure the company has a strong principles-based compensation program with strong pay-for-performance alignment “tailored to a company’s business and operating strategy.” Boards should also ensure they have strong shareholder outreach and communication, he said