The Pay & Proxy Podcast: Disclosure of Forward-Looking LTI Goals

By Louisa Heywood & Margaret Engel, Compensation Standards | May 14, 2025 | Read more

Topics covered:

• ISS’s 2025 focus on forward-looking goals disclosure for long-term incentive (LTI) plans
• Compensation Discussion & Analysis disclosure requirements for performance targets
• How the 100 largest US companies currently approach disclosures related to LTI performance targets
• How companies will likely approach this disclosure going forward
• How CAP and its clients are thinking about the potential shift in the treatment of time-based equity that ISS signaled may be on the horizon

Goldman shareholders back $80M packages for Solomon, Waldron

By Banking Dive | Apr 24, 2025 | Read more

Partner Kelly Malafis was quoted in Banking Drive, mentioning typical Say on Pay support for public companies. The article goes on to discuss the weak Say on Pay support (66%) for Goldman Sachs (a 20% decrease year over year) following $80M retention bonuses to Goldman’s CEO and President. The vote result is Goldman’s lowest in a decade.

Goldman shareholders OK executive pay but with less support

By American Banker | Apr 23, 2025 | Read more

Partner Kelly Malafis was quoted in American Banker, discussing Say on Pay voting. In the article, Kelly discusses typical support levels and what certain vote results mean for public companies, specifically calling out that if a company receives less than 70% support in a given year, ISS expects to see evidence of responsiveness from the compensation committee.