A group charged with looking into reform of the European banking sector has suggested paying executives with debt to align their interests with their employer.
Blind Peer Grouping Creates Pay Spiral
It’s time for boards to stop worrying that their CEO is going to be poached by other companies who pay more.
When is Advice not Advice?
a number of boards may not be either receiving or taking advice in relation to KMP remuneration matters.
Statutory Pay vs. the Real World
The Australian Council of Superannuation Investors (ACSI) has released a reportwhich has made some interesting observations about the discrepancy between the statutory reporting of executive pay and the pay the executive actually takes home.
Pay Freezes and Bygone Bonuses
As the Global Financial Crisis (GFC) first bit back in 2009, it became common for boards to announce executive wage freezes.
Proxy Voting Amendments
>When extensive amendments were made to the Corporations Act 2001, in mid-2011, concern was expressed about the lack of clarity on the right for proxy holders, who were also key management personnel (KMP) (or a related party of a KMP), to vote on KMP remuneration, in effect to take part in the non-binding vote on the remuneration report.
Governance & Remuneration Advisors
In the first half of this year, Egan Associates has been asked to consider a significant array of strategic reward challenges arising from Boards facing shareholder opposition to their remuneration practices.
The Influence of Proxy Advisors
here has been considerable discussion about the impact proxy advisors have on the voting patterns of shareholders who now have a more powerful voice on executive remuneration.
Shareholder and Governance Matters
Around the globe, regulators are requiring fuller disclosure of not only the level of executive remuneration, but also the policies on which it is based.
Diamonds Are Not Forever
The resignation of Bob Diamond as Chief Executive Officer of Barclays Bank last week has again raised the prospect of the clawback of executive remuneration.