Insights
Farient’s latest executive compensation leadership
Through its research, blogs, and commentary, Farient is driving the conversation on executive compensation and governance issues.
September 6, 2019
Bloomberg Law – Equifax Hack Aftermath Shines Light on Boards’ Cyber Oversight
Equifax Inc.’s hack shows pressure on corporate boards to step up cyber risk oversight. Its settlement with the Federal Trade Commission, announced July 22, requires the credit rating company to pay up to $700 million, conduct annual assessments of security risks, and have the board annually issue compliance certifications.
Read MoreAugust 26, 2019
The Wall Street Journal – The New Pay Gap: What Firms Report Paying CEOs Versus What They Take Home
The Wall Street Journal compared what S&P 500 companies reported paying their CEOs over three years with a measure of what that pay was worth at the end of the period, called realizable pay, using data from ISS Analytics, the data intelligence arm of proxy adviser Institutional Shareholder Services. On average, the value of the pay at the end of the period was 16% higher than originally disclosed. Pay rose at three out of five companies. And at a third of companies, pay rose by more than 25%.
Read MoreAugust 23, 2019
Agenda – Getting at the ‘Root’ of Rising Say-on-Pay Opposition
More companies are seeing say-on-pay results dip into the 50% to 90% range as opposition to executive compensation continues to grow, data shows. Accordingly, compensation committees are increasingly engaging with shareholders one-on-one about their concerns as their voting policies take a more crafted, hardline approach, sources say.
Read MoreAugust 23, 2019
Korn Ferry Institute – The $1 CEO: Worth It, Not Worth It?
While the average base salary for CEOs of large US companies keeps rising each decade, more than a dozen head honchos of Fortune 1000 firms in that time have basically taken a pass on an annual salary, usually preferring instead to ride up the value of the stock they picked up as the founder-CEO of their company.
Read MoreAugust 23, 2019
Korn Ferry Institute – Should CEO ‘Mojo’ Decide Pay?
In a little-noticed but potentially game-changing move, the United States’ largest corporate-governance outfit is recommending that its institutional shareholders’ clients use a new metric to determine their company’s—and CEO’s—performance.
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