Over the last few years, the executive compensation world has evolved into a much more complex and fluid landscape, especially as investor activism takes center stage. The importance of aligning pay with performance is greater than ever. Consequently, this puts compensation committees and executive compensation professionals in a precarious position as they design pay packages for their top executive officers.
With this in mind, many features in the current edition of C-Suite delve into the nuances of constructing executive pay packages and the tools companies employ to ensure sound practice. An interview with Simiso Nzima, Investment Director – Global Equity, Head of Corporate Governance at CalPERS, highlights the new CalPERS compensation assessment framework that shifts from a three-year model to a five-year analysis. Nzima discusses the motivation behind this new framework and what it entails for compensation committees.
Our cover story identifies the various trends in this new era of executive compensation making their way through corporate America, including implications around Say on Pay, assessing pay during executive transitions, engaging with a new age investor and more. Additionally, Mark Thompson, President and CEO of The New York Times Company, shares first-hand experiences on how he drove transformational change at The Times and how organizations can remain relevant in the digital age.
If you’re joining us for our 10th annual Executive Compensation Summit in Nashville, industry experts will share valuable insights on building shareholder-focused incentive plans, lessons learned from the 2019 proxy season, how to prepare for what’s to come in 2020 and much more. Adam Bryant, former New York Times journalist and creator of the “Corner Office” series, will deliver the keynote address and share his thoughts on the most important drivers of high-performing teams and strong cultures based on patterns he observed from his “Corner Office” conversations. We hope you get the most out of your time at our 10th annual Summit and enjoy everything Nashville has to offer.
As always, feel free to reach out to me directly with any feedback.
CEO and Founder, Equilar