Farient’s latest executive compensation leadership
Through its research, blogs, and commentary, Farient is driving the conversation on executive compensation and governance issues.
April 16, 2019
and social (E&S) shareholder proposals are important topics with all
stakeholders including shareholders, employees, and the communities where
companies do business. Corporations are increasingly required to justify
policies and explain their approach to challenges that are beyond typical
“business management.” For example, some of these challenges like climate
change are global, while others may be more country specific. This Farient
Brief examines E&S shareholder proposals in the EU, Canada, U.S., China,
Japan, and Australia stemming from our Global Trends in Corporate Governance report.
After reviewing the various shareholder proposals across these countries, the
key takeaways are:
April 11, 2019
By Jan AlexanderRead More
April 11, 2019Read More
April 10, 2019
By Theo FrancisRead More
April 8, 2019
John Trentacoste, partner and COO at Farient Advisors, moderated a discussion
with representatives from two companies that are bucking the standard approach
to pay and an investor that advocates for simpler, more long-term-oriented compensation.
Christine Poon, chair of the compensation committee at Regeneron
Pharmaceuticals, explained how her company grants stock options to all of its
employees. She said this approach has created an ownership culture, fostered
innovation, boosted productivity and retained scientific talent. Darian Rich,
human resources executive for Barrick Gold, said his company requires its
executives to hold their shares for the duration of their employment with the
company. The CEO must hold three times his base salary in shares and other
executives must hold five times their base salaries. “Being shareowners
helps them drive the long-term viability of the enterprise and provides
everyone with more connectivity to the decisions being made,” said Rich.