September 16, 2020

Directorship Magazine: The Most Important Dimension of Alignment- Why Share Ownership Matters as Much as Pay

If you look up Sheldon Adelson’s pay in the Las Vegas Sands Corp. proxy statement, you would see that he makes about $25 million per year as chair and CEO. About half of that sum is nominally at risk in his incentive
plan. Today’s S&P 500 CEOs typically have about 80 percent to 90 percent of their annual pay at risk. So, Adelson’s pay appears to be only modestly aligned with his performance. And yet he sees his personal net worth from company shares fluctuating on average by more than $1 billion per week.

Read More

September 8, 2020

Leading Minds of Compensation – Robin Ferracone on Dodd-Frank

Dodd-Frank is celebrating its tenth anniversary of being signed into law. Robin Ferracone, founder and CEO of Farient Advisors, sat down with Chris Clark of the NACD Directorship to discuss what the legislation has accomplished, what it hasn’t yet achieved, and how it impacts executive compensation.

Read More

September 8, 2020

Agenda: Time to Update Plans?

The pandemic has left companies with an array of business challenges to contend with, and compensation committees continue to discuss how to keep executive pay practices competitive while addressing issues impacting the greater workforce.

Read More

September 8, 2020

Washington Post: Average CEO earnings soared to $21.3 million last year and could rise again in 2020 despite the coronavirus recession

Average CEO earnings soared to $21.3 million last year and could rise again in 2020 despite the coronavirus recession.

Read More

July 30, 2020

New York Times – Kodak CEO’s Fortune Swells $79 Million as Stocks Rally on U.S. Government Loan

Eastman Kodak Co CEO Jim Continenza added $79 million to his net worth on Wednesday when his options in the imaging company turned from worthless to lucrative thanks to a U.S. government loan for a pharmaceutical ingredients supply deal that super-charged the value of his shares.

Read More