February 22, 2021
Bank Director: ESG- Walk Before You Run
Covid-19 and last year’s protests over racial injustice added to the mounting pressure corporations face to make progress on environmental, social and governance (ESG) issues — but banks may be further ahead than they believe.
Read MoreFebruary 22, 2021
Financial Advisor IQ: ‘Peculiar Year’ for CEO Pay at Morgan Stanley, Wells, BofA: Comp Consultant
It was “a very interesting environment in banking because interest rates were so low, yet the stock market went down, and up again, and ended up being pretty robust,” says Robin Ferracone, CEO and founder of Farient Advisors, an executive compensation firm.
Read MoreFebruary 18, 2021
Bloomberg: CEO Charged With Choking Woman Garners Board Support, Not Rebuke
Sonic shares have more than doubled since then, making David Smith’s options worth about $11.2 million were he to exercise them today. That’s nearly three times what he would have earned had he met his target for the original stock grants, according to Dayna Harris, a partner at executive compensation firm Farient Advisors.
Read MoreFebruary 10, 2021
Wall Street Journal: Eli Lilly Doesn’t Plan to Claw Back Past Pay From Former CFO
The loss of bonuses and other incentive compensation is expected in cases such as this one, said Robin Ferracone, chief executive of Farient Advisors LLC, a compensation consulting firm.
Read MoreFebruary 2, 2021
BBC: Why CEOs make so much money
Robin Ferracone, CEO of Farient Advisors, an international executive-pay consultancy, agrees with these “price-driven” salaries. “If you have a good CEO, the multiplier effect can be huge,” she says. “So, in principle, median pay for median performance and high pay for high performance makes sense.”
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