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Sneak Peek: New 2023 Research Report Shows ESG’s Staying Power

Environmental, social, and governance (ESG) incentives in executive compensation are becoming more prevalent. For a third consecutive year, research from Farient Advisors in conjunction with the Global Governance and Executive Compensation Group (GECN) finds an increase in the use of stakeholder incentives that demonstrates a commitment to…

Read More > 11.07.2022

Briefs

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Performance Shares Reconsidered

By Marc Hodak Consider an investment strategy of buying shares in companies that compensated their executives only with time-based equity, i.e., restricted stock or stock options and without performance shares. Anyone pursuing that strategy over the last decade would have outperformed the S&P 500 by an average of two percent…

Read More > 10.27.2022

Briefs

DEI Goals Diversity Equity Inclusion

Executive Pay Increasingly Tied to DEI Goals

Linking DEI goals to exec pay isn’t going away anytime soon. Despite some pushback, tying executive pay to diversity, equity and inclusion (DEI) goals rapidly continues. According to new Farient research, more than one out of every three S&P 500 companies now factor DEI into compensation, sending a signal of…

Read More > 10.10.2022

Briefs

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Gensler’s SEC Approves Pay Versus Performance Disclosure

Amendment Takes a Prescriptive Approach to Rulemaking   The disclosure of linkage between executive compensation and financial performance is the thrust of a new pay versus performance disclosure rule approved on Thursday, August 25, by the U.S. Securities and Exchange Commission. In effect for the…

Read More > 09.12.2022

Briefs

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Investor Dissatisfaction on Executive Pay Continues to Rise This Proxy Season

With more investors voting “no” on Say on Pay (SOP) than ever before… The number of large-cap companies that have received votes of 70 percent or below is on track to be the largest since SOP was implemented in 2011. In this Farient Brief, Eric Hoffmann analyzes the state of…

Read More > 06.27.2022

Briefs

Distilling The SEC’s Landmark Climate Disclosure Proposal

The Securities and Exchange Commission (SEC) recently issued its much-anticipated proposed climate disclosure rules that would require public companies in financial statements to report their greenhouse gas (GHG) emissions, exposure to climate risks, and climate-related metrics. The new rules are a significant step forward in standardizing public disclosures on environmental measures.

Read More > 04.13.2022

Briefs

Interview—From Best to Worst: ‘Madam Chair’ CEO Alicia Syrett and Farient CEO Robin Ferracone Talk Comp Committee Landscape

In the following interview, I dialogue with esteemed investor and experienced public company board chair Alicia Syrett. She is the CEO of the early-stage investment vehicle Pantegrion Capital (its name is a combination of passion and integrity). She is also the founder of Madam Chair, a…

Read More > 03.23.2022

Briefs

What Happens When Proxy Advisors Say No To Executive Compensation?

Executive Summary Institutional Shareholder Services (ISS) recommendations have more influence on Say on Pay votes than Glass Lewis (GL)  ISS and GL provide consistent recommendations for Say on Pay (either both For or both Against) 88 percent of the time for companies in the S&P 500. This pattern is similar…

Read More > 02.18.2022

Briefs

Interview: Powering Business Away From Climate Risk

Recently, Farient Partner Dayna Harris had a chance to participate on a National Association of Corporate Directors’ (NACD) Climate Risk panel with Britt Ide. Britt is on the boards of NorthWestern Energy.

Read More > 12.07.2021

Briefs

Shareholder - Executive Pay in the Pandemic Year

Beyond the Headlines – Executive Pay in the Pandemic Year

Executive Summary 2020 was a strong year for investors, following very robust equity returns in 2019 Compensation decisions are made early in the fiscal year. For 2020 this meant compensation decisions were made prior to understanding the impact of COVID-19 Because short-term incentive (STI) plans are awarded for past performance,…

Read More > 11.16.2021

Briefs

Board Oversight of Stakeholder Strategies

By: RJ Bannister, Partner, Farient Advisors Companies around the world are including “stakeholder” considerations in their strategy and culture. Today’s stakeholders expand beyond investors, and regulators, and include customer and community interests, suppliers and employees. As stakeholder prominence becomes commonplace, every company should consider two fundamental questions: (1) what is…

Read More > 03.30.2021

Briefs

Interview: Robin Ferracone and Bob Zukis Talk Systemic Risk and Stakeholders

In an interview, Robin Ferracone and Bob Zukis discuss systemic risk and stakeholders.

Read More > 03.03.2021

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