Compensation is a very emotional subject for executives. And it is personal, sometimes inspiring competition, greed, wrongdoing, or even feelings of self worth. The legacy of the financial crisis will not be as much the quantum of compensation, but rather …
CEO Succession Planning
The Governance of Executive Compensation: A Counterpoint for Compensation Committees
For those compensation committees and their advisors who wish to get ahead of current and emerging requirements and meet best practices in this area, here are ten suggestions, independently and constructively offered: 1. Independent Members Committee independence should exceed black-letter …
CEO Succession Planning – The Number One Job of the Board, But Poorly Done
I received a call from a board chair the other day. He wanted to see pay arrangements for his company’s C-suite executives to confirm that potential CEO successors heading business units were properly compensated. He felt entitled to this information …