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The Week in GRC—Governance Intelligence

Elon Musk’s Tesla pay package may have helped other executives by raising the compensation threshold. “We’ve called them moonshot awards—awards with huge potential values that executives can earn if they meet their targets,” said Brian Bueno, ESG Leader at Farient, in a recent interview with the Wall Street Journal’s Theo…

Read More > 05.28.2024

In the News

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Musk Effect Drives Spread of Supersize CEO Pay Packages—Wall Street Journal

Farient ESG Leader, Brian Bueno, discusses the rise in “moonshot awards” for Elon Musk and other high-profile CEOs. Tesla’s 2018 CEO compensation package aroused controversy over its sheer size, but it’s among many examples of such “moonshot awards” that hold out the promise of huge payouts for meeting specific performance…

Read More > 05.20.2024

Briefs

Devon Furlong Graduation Photo

Caps Off to Devon Furlong

Among the 2024 graduating class of Columbia’s MBA program is Farient Advisors’ Devon Furlong. Farient Founder and CEO Robin A. Ferracone applauded Furlong’s achievement and commended her for taking advantage of Farient’s educational program, which matches dollar for dollar the cost of an MBA: “This is…

Read More > 05.20.2024

Newsletters

Farient Email May

Farient Briefings May 2024: Comp Committees’ Remit Stretches Oversight Boundaries

Beyond Pay: Comp Committees’ Remit Stretches Oversight Boundaries   It’s no longer just about pay. In the ever-evolving corporate governance landscape, the remit of compensation committees is at a tipping point, says Farient Partner and COO RJ Bannister. In this interview, Bannister expands on the operational skills, practices,…

Read More > 05.15.2024

Briefs

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Beyond Pay: Comp Committees’ Remit Stretches Oversight Boundaries

It’s no longer just about pay. In the ever-evolving corporate governance landscape, the remit of compensation committees is at a tipping point. So says RJ Bannister, partner and COO at Farient Advisors, a compensation and corporate governance advisor with deep roots in how the work of compensation committees gets done.

Read More > 05.15.2024

In the News

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DEI is getting a new name. Can it dump the political baggage?—Washington Post

Diversity, equity and inclusion (DEI) as a corporate mission has been in retreat due to political backlash. Now companies seem to be doing more re-phrasing than reconsideration. In this Washington Post article, Farient’s ESG Leader Brian Bueno cites as an example, Starbucks, where DEI metrics in executive pay have been…

Read More > 05.06.2024

In the News

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Dropping a term but not the mission—Reuters Sustainable Finance

The “anti-woke” backlash against corporate ESG initiatives has caused a shift in terminology, but not overall direction. So found the “2024 Global Trends in Stakeholder Incentives: What’s Next?” report conducted by Farient and its partners in the Global Governance and Executive Compensation (GECN) Group. In this…

Read More > 05.02.2024

Newsletters

Farient Email April

Farient Briefings: Value Creation Drives Corporate Commitment to ESG Goals

Value Creation Drives Corporate Commitment to ESG Goals   There is no turning back. Corporate focus on long-term value inextricably links to environmental, social, and governance (ESG) factors. Despite “anti-woke” sentiment heightened by state and federal politics in the U.S., the business case for adopting sustainability strategies is reflected by…

Read More > 04.23.2024

Briefs

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Tesla Seeks Shareholder Approval on Comp Plan, Relo to Texas

Elon Musk appears determined to win back his $56 billion compensation package rescinded in February by a Delaware Chancery Court judge ruling following a bench trial. In a preliminary proxy statement filed April 17 in advance of its annual meeting, Tesla asked shareholders to vote “for” Musk’s…

Read More > 04.23.2024

Briefs

modern residential building facade decorated with green plants

Corporate Commitment to ESG Driven by Value Creation

There is no turning back. Corporate focus on long-term value inextricably links to environmental, social, and governance (ESG) factors. Despite “anti-woke” sentiment heightened by state and federal politics, the business case for adopting sustainability strategies is reflected by the growing number of companies in multiple geographies and industries that incorporate…

Read More > 04.23.2024

Newsletters

Farient Email April

Farient Briefings: Farient CEO Calls ESG Backlash ‘A Moment in Time’

Farient CEO Calls ESG Backlash ‘A Moment in Time’ A not-so-chilling effect. In a recent interview with Planet Governance, Robin A. Ferracone, CEO of Farient Advisors, brushed off concerns about ESG backlash affecting corporate governance. “Companies aren’t backing down from their environmental and social commitments,” she asserted, pointing…

Read More > 04.08.2024

Briefs

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BlackRock CEO Sees Looming Global Savings Crisis

Zero hour for retirement funding. BlackRock Chair and CEO Larry Fink’s annual letter to investors describes what he calls a global retirement crisis. BlackRock therefore has a sizable stake in spearheading solutions to the crisis: Half of the $10 trillion in assets managed by world’s largest asset manager are retirement…

Read More > 04.08.2024

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