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Boston skyline with buildings and a sailboat in the water in the foreground, signifying governance talks at annual summit

Rethinking Executive Pay: Farient Explores New Governance Challenges

As Farient Advisors continues to expand globally, with teams now operating across four offices on two continents, this year’s all-staff offsite meeting took on heightened importance. With a focus on the evolving landscape of executive compensation, corporate governance, and talent management, the annual Summit provided a platform…

Read More > 08.19.2024

Briefs

Robin Ferracone TWFG, Inc.

Ferracone Elected to Newly Public Company Board

Robin A. Ferracone was named to the board and as compensation committee chair by the newly public TWFG, Inc. The board of the insurance and financial services platform company is comprised of six directors, four of whom are independent. Janet S. Wong, a certified public accountant and former senior partner…

Read More > 08.19.2024

In the News

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How Vulnerable Is Your Executive Team To Poaching?—Inc.

For Inc. magazine’s piece on the growing threat of executive poaching, Farient Partner and COO R.J. Bannister notes that companies must be proactive in safeguarding their top talent by offering competitive compensation, fostering strong corporate cultures and implementing robust retention strategies. The article…

Read More > 08.06.2024

In the News

a sailboat and a yacht in the water

Top 10 Highest-Paid CEOs of 2023—Agenda

CEO pay surged in 2023 relative to the year prior. Does that mean CEOs are being paid too much? It depends on the situation, says Farient Founder and CEO Robin A. Ferracone in this interview with Agenda. Company size, industry, and market position are relevant factors and so too is the…

Read More > 08.05.2024

Newsletters

Farient July email header

Farient Briefings July 2024: At GECN Group Annual Meeting, PvP, ESG, and Proxy Advisor Issues Dominate

At GECN Group Annual Meeting, PvP, ESG, and Proxy Advisor Issues Dominate   Toronto’s Southlea Group recently hosted the annual meeting of the Global Governance and Executive Compensation (GECN) Group. The five partner firms that constitute the GECN Group work on executive compensation and governance issues with clients in more…

Read More > 07.11.2024

Briefs

Toronto skyline at sunset, signifying GECN Group annual meeting

At GECN Group Annual Meeting, PvP, ESG, and Proxy Advisor Issues Dominate

The very idea of “global governance” was once oxymoronic. Those days are long past, as evidenced by the range of common cross-border policy and practice issues that dominated discussions at the annual meeting of the Global Governance and Executive Compensation (GECN) Group. The annual meeting serves to enrich, inform, and…

Read More > 07.11.2024

In the News

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Momentum Shift: DEI Metrics’ Role in Executive Compensation Wanes—HR Executive

The backlash against corporate diversity, equity, and inclusion (DEI) goals has impacted executive compensation. In this article in Human Resource Executive, Farient data is cited showing a decline in the use of DEI metrics in pay. In the accompanying interview, Farient’s ESG Leader Brian Bueno delves further into the numbers…

Read More > 07.03.2024

In the News

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Tractor Supply Ditches DEI, Climate Goals After Online Attacks—Bloomberg

Though ESG metrics continue to be used by the world’s biggest companies, some firms like Tractor Supply have faced pressure to abandon or re-brand them. Bloomberg reports on a Tractor Supply announcement that it will halt spending on diversity and pride-related initiatives. The article also cites Farient…

Read More > 07.01.2024

In the News

hot air balloons flying over the mountains, signifying soaring CEO Pay

Shareholders OK With Soaring Executive Pay In US—Barron’s

Wider controversy over high CEO pay – especially in high-profile cases like that of Elon Musk – belies the key factor that compensation is typically linked to company performance and that means happy shareholders, according to this article in Barron’s that quotes Farient Partner Marc Hodak. Another…

Read More > 06.20.2024

In the News

Hudson Yards in New York City

Best Buy, J&J, Lazard Among Companies Downplaying DEI Executive Pay Goals—Bloomberg

The “anti-woke” backlash against ESG has come for the use of diversity, equity, and inclusion (DEI) goals in executive pay, according to this Bloomberg article that cites a data analysis by Farient. But the goals are more evolving than disappearing entirely, says Farient’s ESG Leader, Brian Bueno. “Companies and boards…

Read More > 06.18.2024

In the News

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CEO Pay Is Rising Faster Than It Has In A Decade—Quartz

In this Quartz article, CEO pay is reported to be rising three times faster than worker pay. Quoting Farient Founder and CEO Robin Ferracone, Farient’s analysis notes that while CEO compensation often includes performance-based incentives, the trend is raising concerns about fairness and long-term corporate impact as…

Read More > 06.17.2024

In the News

modern city highrises, signifying executive pay

US Executive Pay Rises at Fastest Rate in 15 Years—Financial Times

With US executive pay increasing overall in conjunction with Elon Musk prevailing in getting his historically large compensation package, many are questioning why pay is skyrocketing, according to this Financial Times article by Patrick Temple-West. But according to Farient founder and CEO Robin Ferracone, companies are motivated to pay more…

Read More > 06.17.2024

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