Pre-IPO Compensation Planning: Preparing for New Investor Base and Market Expectations

By National Association of Corporate Directors | Jul 25, 2021 | Read more

CAP Partner Bertha Masuda shares with NACD Online what companies planning for an initial public offering (IPO) need to do to prepare their executive compensation programs for the transition to being a public company.

A Decade of Say on Pay

By Directors & Boards | Jul 20, 2021 | Read more

Senior Associate Ryan Colucci and Senior Analyst Stefanie Kushner review say on pay voting at Russell 3000 companies. They tracked results of the votes from inception (2011) to 2020 to gauge the current landscape and predict what may occur with 2021 say on pay results. Colucci and Kushner expect a downward shift in the median level of support and in the percentage of companies receiving at least 90% support. For companies that do receive an against recommendation from proxy advisors, the level of support may decline compared to historic norms if disclosures do not sufficiently justify the COVID-related actions taken.

The Purpose in CEO Pay, Fashion Evolves

By Women’s Wear Daily | Jul 1, 2021 | Read more

Partner Matt Vnuk says that companies and their boards are moving quickly to acknowledge that there’s more to success than two to three financial metrics alone. As companies begin tying portions of their bonuses to ESG goals, more discussion will be generated between management and the board concerning ESG issues and metrics. According to Vnuk, companies are first figuring out, where are they now? How do we feel about that? And where do we want to be over what time frame?

Rethinking Pay and Benefits in a Hybrid Workplace

By The Wall Street Journal | Jun 13, 2021 | Read more

Partner Susan Schroeder predicts that the remote workforce is here to stay and brings along a shift in compensation structures. She warns that unless pay differentials are properly disclosed and communicated, companies could be liable for equity and gender discrimination. Additional areas companies have to consider include further personalizing perks and moving towards project-based bonuses.