While we acknowledge that executive com- pensation is a factor in corporate “short termism,” what if the amount of pay is not the problem we think it is? Could it be that the subtleties of compensation design today push executives to take a “get rich and get out” approach—including some pay reforms that we hoped would encourage a long-term focus.

As American boardrooms have strengthened the status of lead directors (and, increasingly, split the roles of CEO and chairman), this board leadership evolution has driven many governance changes. One question remains unresolved: How should we set the pay for an independent chairman, a lead director, or executive chairman?

Upcoming Events See All

Sep 16, 2020

Corporate Board Member: Compensation Committee Summit

New York, NY

Partner Kelly Malafis explores best-practices for communications between HR and Compensation Committees to resolve complex human capital issues within various levels of the workforce.…
  • Kelly Malafis

Sep 16, 2020

Private Company Director: Private Company Governance Summit 2020

Washington, D.C.

Partners Bertha Masuda and Sue Schroeder will discuss strategies for building and maintaining a private board to ensure proper alignment between stakeholders, board, and…
  • Bertha Masuda
  • Susan Schroeder

Nov 04, 2020

Family Business: Transitions Fall 2020

Marina Del Ray, CA

Partners Bertha Masuda and Sue Schroeder will provide guided discussions on how to improve executive compensation programs within family-owned businesses. Click here to learn…
  • Bertha Masuda