Say It Isn’t So! No Support for Share Authorizations That Last More Than 3 Years?
I recently received the following question and thought it worth sharing so folks can gain a little perspective on what is happening with equity plan proposals. Q. A public company will need to submit its stock plan for shareholder approval in the next few years. This company has a substantial amount of stock allocated to [...]
RMG’s GRId Locked
RiskMetrics recently announced that it will replace its Corporate Governance Quotient (CGQ) system with Governance Risk Indicators (GRId). You can read more about this new system here: http://www.riskmetrics.com/grid-info GRId launched March 17, 2010. RMG Proxy Research reports published during the second half of March 2010 will display the new GRId metrics. CGQ scores are now [...]
Heads Up: Does performance (TSR) measured on another day smell as sweet?
RiskMetrics uses the median 1- and 3-year Total Shareholder Returns (TSRs) for a company’s 4-digit GICS industry group in applying the first screen of its pay for performance test. Only if a company’s own 1- and 3-year TSR are both below the company’s GICS industry group 1- and 3-year medians, will RiskMetrics continue on with [...]
RMG Issues FAQs on New SEC Proxy Disclosure Rules
RiskMetrics Group (RMG) recently issued several FAQs related to the new SEC proxy disclosure rules. Previously, I blogged about the RMG FAQ regarding Compensation Risk Disclosures, and today I will address the two other FAQs, one on compensation consultant conflicts and the other on the enhanced disclosure about directors – qualifications, diversity policies, and board [...]
Sample RMG Burn Rate Commitment Language
Last week I blogged about the new burn rate commitments that RiskMetrics Group’s (RMG’s) Research Group was accepting. Thanks to a reader, I’m now able to share sample burn rate commitment language that was supported by RMG: The Company commits to a three-year average burn rate for the years 2010, 2011 and 2012 not to [...]
Latest Tweets
Cisco Board Announces Advisory Vote on Executive Compensation - MarketWatch http://goo.gl/Fc99 - posted on 29/07/2010 09:21:11
SEC Reviewing Proxy Process - - CFO.com http://goo.gl/nxgQ - posted on 28/07/2010 07:01:50
Law Sharpens 'Clawback' Rules for Improper Pay - WSJ.com http://goo.gl/rItz [looks at new clawback provision of Dodd-Frank Act] - posted on 26/07/2010 09:31:54
Feinberg Says Bonuses Paid by Troubled Banks Were Unmerited - NYTimes.com http://goo.gl/1eXc - posted on 23/07/2010 08:09:40
The Obama financial reform bill won't prevent another crisis - Jul. 19, 2010 http://goo.gl/JumH - posted on 20/07/2010 07:16:55
Treasury Works on Plan for Boards of Weak Banks - WSJ.com http://goo.gl/gB3X - posted on 17/07/2010 08:10:52
Finding a Good Financial Bill in 2,300 Pages - DealBook Blog - NYTimes.com http://goo.gl/4IfQ - posted on 16/07/2010 07:47:14
Do High Incomes Make CEO’s Mean? - The Wealth Report - WSJ http://goo.gl/57ru - posted on 16/07/2010 07:45:26
Are compensation committees a cover for high CEO pay? - Jul. 15, 2010 http://goo.gl/6wjm - posted on 16/07/2010 07:44:39
SEC Delves Into 'Proxy Plumbing' - WSJ.com http://goo.gl/i1rv - posted on 15/07/2010 08:45:47
Financial Reform Bill Limps Toward Passage - NYTimes.com http://goo.gl/RYlk - posted on 14/07/2010 09:39:41
Former CEOs Join Ranks of Unemployed - WSJ.com http://goo.gl/5e0E - posted on 14/07/2010 08:55:11
Finance Bill Close to Passage in Senate - WSJ.com http://goo.gl/wuBq - posted on 13/07/2010 10:14:18
'Phantom stock' may be next big thing in employee pay - Jul. 12, 2010 http://goo.gl/n2lE [New? No. Seeing more of this? Yes, 4 many reasons] - posted on 13/07/2010 08:12:51
Human Resource Executive Online - Companies Gear Up for Say-on-Pay Rule http://goo.gl/AJZc [see Ed's SOP presentation on blog for more info] - posted on 13/07/2010 08:09:18
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