July 22, 2020

Reuters: Novavax executives could get big payday even if vaccine fails

Even before the stock options were awarded in April, Erck was well positioned to capitalize on the rally in Novavax shares. Erck, who has been CEO since 2011, holds options and other awards totaling roughly $64 million, with $25 million that can be cashed out now, according to an analysis by pay consultant Farient Advisors.

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July 22, 2020

IR Magazine – Rise in management discussion of racism at investor-facing events

In 2019, 59 companies from the S&P 500 mentioned diversity and/or inclusion in their executive compensation plans, according to analysis from Farient Advisors. When these terms were mentioned, they were often metrics for short-term incentives and bundled with other measures.

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June 26, 2020

Financial Times – Executives incentivised to prioritise diversity

We know from experience that executives prioritise what they are paid to prioritise, so anyone wondering whether they will live up to their recent promises on taking diversity more seriously should look at the compensation section of companies’ annual reports.

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June 19, 2020

Reuters – Want your pre-pandemic pay back? Work for it, Meritor tells staff

Meritor Inc employees and executives who saw their salaries slashed in the wake of the COVID-19 pandemic can recoup lost pay for this year as long as the company meets new performance targets, the trucking parts supplier said this week.

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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.

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