On today’s episode, we’re joined by Meridian Compensation Partners, LLC’s Christina Medland, Managing Partner, and Mike Rourke, Lead Consultant. Christina and Mike discuss executive compensation through an activist investor lens.
Key Takeaways:
(01:23) Activist investors view compensation alignment as a barometer of the pay-for-performance relationship.
(06:48) Activists flag supplemental benefits, tax gross-ups, discretionary adjustments and aspirational peer groups as concerning.
(08:11) Activists want strong links between realized pay and performance.
(13:21) Activists compare incentive targets and resulting payouts to close business comparators.
(20:17) Be transparent in CD&As using graphics and tables. Provide business context supporting pay outcomes.
(21:30) With diverging investor policies, committees must do what’s right for their business first when setting pay.
(23:15) Underperforming companies with sound business strategies and timing transparency retain more shareholder support.
Christina Medland - https://www.linkedin.com/in/christina-medland-09450b17/?originalSubdomain=ca
Mike Rourke - https://www.linkedin.com/in/mike-rourke-1668371a/
This episode is brought to you by Meridian Compensation Partners, LLC. Learn more by visiting MeridianCP.com.
#Compensation #Wages #SPAC #Equity #ExecutiveCompensation #Clawback
