In the News
Our senior leadership is frequently quoted in leading publications discussing the day’s trending news.
June 3, 2020
The Wall Street Journal – Coronavirus Crisis Dents Salaries, Not Stock Awards, for Many CEOs
Hundreds of U.S. companies reduced salaries for their chief executives as the coronavirus pandemic swept across American business, a reversal for a group of leaders that until this year has ridden a bull market to record compensation.
Read MoreJune 1, 2020
Variety – What the Media’s Most Powerful Executives Were Paid in 2019
Media chieftains don’t suffer from low self-esteem. Industry titans including Bob Iger, Reed Hastings and Rupert Murdoch probably need big egos to believe they’re entitled to make far more than most CEOs at similarly sized companies — and much more for 12 months of work than an average employee could make in several lifetimes.
Read MoreMay 18, 2020
Los Angeles Times – CEOs cut millions of jobs amid coronavirus yet keep their lofty bonuses
So far, top executives of many major U.S. corporations — including some at the very epicenter of the crisis — have mostly held on to their outsize pay packages after giving up some of their salaries.
Read MoreMay 18, 2020
Financial Times – Coronavirus puts top executives’ pay in the spotlight
Many companies had already awarded shares and bonuses to executives in January and February, before the pandemic set in.
Read MoreMay 15, 2020
Agenda – Boards Face ‘Real Distaste’ on Pay Discretion
Performance goals set early this year by the boards of calendar-year companies may be largely irrelevant since the Covid-19 pandemic set the stock market spiraling and companies scrambling. As a result, boards may find it difficult to motivate and retain some executives, compensation consultants and attorneys warn.
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