Dialogue

The latest reporting, opinion and research on executive compensation. We don’t necessarily agree with it all, but we provide it here for consideration.

Subscribe to Dialogue
Week of
April 20, 2015

Quick Picks

SEC Proposes Rules to Require Companies to Disclose the Relationship Between Executive Pay and a Company’s Financial Performance | U.S. Securities and Exchange Commission | April 29, 2015

On April 29th, the Securities and Exchange Commission proposed new rules of the Dodd-Frank Act aimed at increasing transparency around the relationship between executive compensation and financial performance. The proposed rules, which are subject to a 60 day comment period, would require a company to disclose compensation “actually paid” to its CEO and an average of compensation “actually paid” to its named executive officers. Compensation would appear as in the Summary Compensation Table except for equity, which would be counted as “paid” in the year it vested, and pension values, which would exclude the value of benefits accrued in previous years. To measure performance, companies would be required to report their own total shareholder return (TSR) and the TSR of their peer group. Read more

CEOs Awarded More Cash Pay | The Wall Street Journal (subscription required) | April 21, 2015

Cash compensation rose to 37.3% of total CEO pay in 2014, the highest level since 2010, according to a survey of early proxy filings by the Hay Group for The Wall Street Journal. With the stock market near record highs and the bull market entering its seventh year, concern that the market may have peaked may have made equity appear less attractive, according to Carol Bowie of Institutional Shareholder Services Inc. The shift to cash may also reflect shareholder concerns that stock awards dilute their investments. Read more

Compensation Trends + Developments

Regulation, Legislation + Governance

From Critics + Commentators