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By Reuters | Feb 18, 2021 | Read more
Partner Dan Laddin weighs in on Jay Clayton’s high compensation as lead independent director, noting that it is more akin to that of a non-executive chairman. Clayton is one of the most high profile additions to Apollo and reflects the firm’s recent effort to strengthen its corporate governance.
By Compliance Week | Feb 17, 2021 | Read more
Highlights from Principal Shaun Bisman and analyst Theo Allen’s analysis of select broad-market COVID-19 executive compensation actions and their corresponding commentary from ISS are summarized by Compliance Week. Among the key findings is ISS’s critical stance on special one-time awards, upward adjustments to payouts and reductions in performance-based long-term incentives. Bisman and Allen warn that it is imperative that companies have compelling rationales to support their decisions.
By Agenda | Feb 16, 2021 | Read more
Senior analyst Whitney Cook explains that ISS’s assessment of Covid-related changes is highly correlated to concern level. Examples from CAP’s recent analysis (by Principal Shaun Bisman and analyst Theo Allen) on ISS’s assessments since the revisions to its governance rating methodology further support the observation.