December 22, 2020

KPMG Board Insights Podcast: Executive compensation in 2020 and beyond

In this episode, KPMG BLC Senior Advisor Stephen Brown talks to Robin Ferracone, founder and CEO of Farient Advisors and a corporate board member, about how the events of 2020 are impacting executive compensation.

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December 21, 2020

Agenda: Investors Probe Covid ‘Pivot’ in Engagements

In early February, Macy’s Inc. hosted its annual Investor’s Day meeting at the New York Stock Exchange, which covered strategy talks and the retailer’s path forward after the previous year failed to meet expectations. The investor presentation referred to 2019 as a “challenging year for Macy’s,” but the company announced a new road map “to stabilize profitability” through cost reduction and reinvestments.

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December 21, 2020

Las Vegas Review-Journal: Gaming CEOs traded salary for stocks. Their ‘gamble’ is set to pay off.

This past spring, as casino shutdowns prompted layoffs affecting thousands of Las Vegas casino employees, a number of Las Vegas-based casino company CEOs said they would voluntarily reduce or forgo their salaries to help their companies through challenging times.

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December 19, 2020

Pensions & Investments- Companies are committing to net-zero emissions and diversity

A separate report released Thursday by Farient Advisors, an independent compensation and corporate governance consulting firm, found that 2 out of 3 companies around the world tied executive compensation to stakeholders’ ESG interests in 2020.

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December 15, 2020

Agenda: Diversity Incentive Metrics — Often Vague — Proliferate

Diversity and inclusion are likely to become more prominent components of compensation as a result of the social unrest and heightened focus on racial equity in the corporate environment that has occurred this year, according to Dayna Harris, partner at Farient Advisors.

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