Sentences with phrase «as executive compensation»

According to Institutional Shareholder Services (ISS) in Rockville, Md., at least 60 proxy initiatives are in the works by shareholders at major public corporations who seek to end what they see as executive compensation abuses.
I have a strong aspiration to work on an environment as executive compensation analyst that would offer challenges and would require strategically thought implementation.
We have extensive experience in designing, drafting, and amending pension and welfare benefit plans, as well as executive compensation arrangements.
Whether «voters» should have direct control over something as technical (and sometimes emotional) as executive compensation is far from clear, which is why most say - on - pay requirements today call only for advisory votes.

Not exact matches

The bank agreed last year that it would cut executive bonuses, as investors saw its compensation packages as excessive.
Executive compensation continues to be one of the hardest problems faced by corporate boards, as well as an absolutely key ethical obligation.
With regard to setting executive compensation, boards may need not just detailed information about performance, but also information about industry benchmarks as well as information about what a given CEO's other employment options are.
Musk agreed to stay as chief executive for 10 years, with compensation tied to $ 50 billion leaps in Tesla's valuation.
As he pointed out, unlike TARP recipients, neither mortgage firm is being forced to follow guidelines that supposedly align executive compensation and shareholder interests.
If the 8,000 Canadians who received stock options as part of incomes over $ 250,000 paid taxes on this money at the same rate as the rest of their income — treating executive compensation the same way you treat the income of any other working stiff — it would have raised $ 337 million for federal coffers in 2009, a down year for options.
According to Whoriskey, ``... executive compensation at the nation's largest firms has roughly quadrupled in real terms since the 1970s, even as pay for 90 percent of America has stalled...» Setting aside imprecision of language, that suggests a significant disparity — not disparity of outcomes (which are a given, here) but disparity of rate of improvement.
He wanted to study the claim by consultants that executives need to be paid extraordinarily high compensation or else they would migrate to other companies and jurisdictions, which — as it turned out — did not happen, Feinberg said, or is a «myth» as was stated in the U.K. this week.
The Institute for the Governance of Private and Public Organizations proposed abolishing the use of stock options as a form of executive compensation.
So boards of directors do have some public obligations related to how they choose to compensate executives (even if, as I've argued before, outsized compensation isn't automatically unfair).
Exxon board member Bill George led a National Association of Corporate Directors Blue Ribbon Commission on «Executive Compensation and the Role of the Compensation Committee,» which included recommendations such as not offering contracts to executives (giving the board more flexibility in how it deals with the CEO's pay and tenure), which is reflected in the pay practices at ExxonMobil.
This is unsurprising, both because executive compensation has become one of the hot topics of the day (or rather, of the post-Occupy era) and because the study highlights the fact that if you look at the Top 100 Canadian CEOs (in terms of salary), the average Top 100 CEO earns as much in four hours as the average Canadian makes in an entire year (i.e., about $ 46,000).
While these chief executives received a 7.17 increase in collective direct compensation for the fiscal year, they received even more when taking into account other elements such as pension value.
Media giant Viacom said on Wednesday it cut the compensation of its top two executives, executive chairman Sumner Redstone and CEO Philippe Dauman, as the company faced business pressures and a sharp drop in its share price.
Last year, Iger pulled in $ 46.5 million as Disney's chief executive, which actually represented a bump of more than 35 % from his compensation the previous year.
* Do you have compensation and benefits plans designed to attract and keep first - rate executives as key managers?
The trigger for the latest Redstone family feud, according to several sources, was a dispute over corporate governance issues — such as Shari's effort to more closely tie executive compensation to performance — at Viacom (viab) and CBS (cbs), a media empire that encompasses MTV, the CBS broadcast network, the Paramount film studio and the pay - TV channel Showtime.
That meant instituting numeric targets for women in leadership, as well as for people of color, and tying executive compensation partly to meeting those metrics.
The $ 100m package is the first stock - based compensation that Schmidt has received since he took over as chief executive.
The Compensation Committee, consisting entirely of independent directors, is responsible for Apple's compensation and incentive plans and programs, approves all compensation for Apple's executive officers, and acts as the administrative committee for Apple's employee eCompensation Committee, consisting entirely of independent directors, is responsible for Apple's compensation and incentive plans and programs, approves all compensation for Apple's executive officers, and acts as the administrative committee for Apple's employee ecompensation and incentive plans and programs, approves all compensation for Apple's executive officers, and acts as the administrative committee for Apple's employee ecompensation for Apple's executive officers, and acts as the administrative committee for Apple's employee equity plans.
In making these determinations, the Compensation Committee may consult with its independent compensation consultant and management, as described below; however, the Compensation Committee uses its own judgment in making final decisions regarding the compensation paid to our executiCompensation Committee may consult with its independent compensation consultant and management, as described below; however, the Compensation Committee uses its own judgment in making final decisions regarding the compensation paid to our executicompensation consultant and management, as described below; however, the Compensation Committee uses its own judgment in making final decisions regarding the compensation paid to our executiCompensation Committee uses its own judgment in making final decisions regarding the compensation paid to our executicompensation paid to our executive officers.
We note that, in accordance with Rule 14 (a)-6 (a), Apple was not required to file preliminary proxy materials with the Commission because the matters to be acted on at the meeting are limited to (1) the election of directors, (2) the ratification of accountants, (3) a vote on an advisory resolution to approve executive compensation, (4) the approval of the Plan described above, which is a «plan» as defined in paragraph (a)(6)(ii) of Item 402 of Regulation S - K, and (5) shareholder proposals pursuant to Rule 14a - 8.
As part of our annual planning process, the CEO, with assistance from external consultants, develops and recommends a compensation program for all executive officers.
This table and the related tables that follow present the compensation paid for 2007 to Richard M. Kovacevich, Chairman (who also served as CEO until June 2007); John G. Stumpf, President and, since June 2007, CEO; Howard I. Atkins, Senior Executive Vice President and Chief Financial Officer (CFO); and the next three highest paid executive officers named in these tables: David A. Hoyt, Senior Executive Vice President, Wholesale Banking; Mark C. Oman, Senior Executive Vice President, Home and Consumer Finance; and Carrie L. Tolstedt, Senior Executive Vice President, CommunityExecutive Vice President and Chief Financial Officer (CFO); and the next three highest paid executive officers named in these tables: David A. Hoyt, Senior Executive Vice President, Wholesale Banking; Mark C. Oman, Senior Executive Vice President, Home and Consumer Finance; and Carrie L. Tolstedt, Senior Executive Vice President, Communityexecutive officers named in these tables: David A. Hoyt, Senior Executive Vice President, Wholesale Banking; Mark C. Oman, Senior Executive Vice President, Home and Consumer Finance; and Carrie L. Tolstedt, Senior Executive Vice President, CommunityExecutive Vice President, Wholesale Banking; Mark C. Oman, Senior Executive Vice President, Home and Consumer Finance; and Carrie L. Tolstedt, Senior Executive Vice President, CommunityExecutive Vice President, Home and Consumer Finance; and Carrie L. Tolstedt, Senior Executive Vice President, CommunityExecutive Vice President, Community Banking.
Annual compensation of the named executive officers as a group varies year to year based on business results and individual performance.
To establish our executive officers» individual target cash bonus opportunities, which are expressed as a percentage of base salary, the Compensation Committee considers competitive pay data, input from its compensation consultant, anCompensation Committee considers competitive pay data, input from its compensation consultant, ancompensation consultant, and the level,
As for the other named executive officers, actual total compensation for 2015 ranged from 46 % to 63 % of annual total target compensation.
While a number of Jos. A. Bank executives left as part of the acquisitions, Ewert saw his compensation increase by 167 %, to $ 9.7 million.
Other than periodic incentive plans that were historically provided to Mr. McNeill based on the achievement of specific customer - related metrics, including as set forth under the «Non-Equity Incentive Plan Compensation» column in «Executive Compensation — Summary Compensation Table» below, we do not currently have or have planned any specific arrangements with our named executive officers providing for cash - based bonuExecutive Compensation — Summary Compensation Table» below, we do not currently have or have planned any specific arrangements with our named executive officers providing for cash - based bonuexecutive officers providing for cash - based bonus awards.
Further, the Compensation Committee considers peer company data and competitive positioning analysis, each executive's individual performance, as described below, as well as stockholder input.
To supplement the disclosures in «Executive Compensation — Summary Compensation Table,» «Executive Compensation — Pay Ratio Disclosure» and «Executive Compensation — 2017 Option Exercises and Stock Vested» below, we have included the following table, which shows the total realized compensation of Mr. Musk for the periods presented in «Executive Compensation — Summary Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio DiscloCompensation — Summary Compensation Table,» «Executive Compensation — Pay Ratio Disclosure» and «Executive Compensation — 2017 Option Exercises and Stock Vested» below, we have included the following table, which shows the total realized compensation of Mr. Musk for the periods presented in «Executive Compensation — Summary Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio DiscloCompensation Table,» «Executive Compensation — Pay Ratio Disclosure» and «Executive Compensation — 2017 Option Exercises and Stock Vested» below, we have included the following table, which shows the total realized compensation of Mr. Musk for the periods presented in «Executive Compensation — Summary Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio DiscloCompensation — Pay Ratio Disclosure» and «Executive Compensation — 2017 Option Exercises and Stock Vested» below, we have included the following table, which shows the total realized compensation of Mr. Musk for the periods presented in «Executive Compensation — Summary Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio DiscloCompensation — 2017 Option Exercises and Stock Vested» below, we have included the following table, which shows the total realized compensation of Mr. Musk for the periods presented in «Executive Compensation — Summary Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio Disclocompensation of Mr. Musk for the periods presented in «Executive Compensation — Summary Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio DiscloCompensation — Summary Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio DiscloCompensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio Disclocompensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio Disclocompensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio DiscloCompensation — Pay Ratio Disclosure.»
For the individual serving as the chief executive officer of the Company at the end of the taxable year and for the individuals serving as officers of the Company or a subsidiary at the end of such year who are among the three highest compensated officers (other than the chief executive officer and chief financial officer) for proxy reporting purposes, Section 162 (m) of the Code limits the amount of compensation otherwise deductible by the Company and its subsidiaries for such year to $ 1,000,000 for each such individual except to the extent that such compensation is «performance - based compensation
Given our greater emphasis on providing option grants as the key component of our executive compensation, our board of directors did not adjust the target bonus amounts for our executive officers in 2010 from prior years.
We are providing a ratio of (i) Mr. Musk's 2017 annual total compensation to (ii) the median of the 2017 annual total compensation of all Tesla employees, other than Mr. Musk, calculated pursuant to the disclosure requirements of «Executive Compensation — Summary Compensation Table» above as if all of our employees were named executicompensation to (ii) the median of the 2017 annual total compensation of all Tesla employees, other than Mr. Musk, calculated pursuant to the disclosure requirements of «Executive Compensation — Summary Compensation Table» above as if all of our employees were named executicompensation of all Tesla employees, other than Mr. Musk, calculated pursuant to the disclosure requirements of «Executive Compensation — Summary Compensation Table» above as if all of our employees were named executive Executive Compensation — Summary Compensation Table» above as if all of our employees were named executiCompensation — Summary Compensation Table» above as if all of our employees were named executiCompensation Table» above as if all of our employees were named executive executive officers.
The company's executives bonuses were tied to a non-GAAP metric they called «Cash EPS» that excluded costs related to acquisitions, as well as stock - based compensation.
«Total CEO realized compensation» for a given year is defined as (i) Mr. Musk's salary, cash bonuses, non-equity incentive plan compensation and all other compensation as reported in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of scompensation» for a given year is defined as (i) Mr. Musk's salary, cash bonuses, non-equity incentive plan compensation and all other compensation as reported in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of scompensation and all other compensation as reported in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of scompensation as reported in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of sCompensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of sCompensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of such amounts.
In August 2012, to create incentives for continued long - term success from the then - recently launched Model S program as well as from Tesla's then - planned Model X and Model 3 programs, and to further align executive compensation with increases in stockholder value, the Board granted to Mr. Musk a stock option award to purchase 5,274,901 shares of Tesla's common stock (the «2012 CEO Performance Award»), representing 5 % of Tesla's total issued and outstanding shares at the time of grant.
The Compensation Committee believes that options to purchase shares of our common stock, with an exercise price equal to the market price of our common stock on the date of grant, are inherently performance - based and are a very effective tool to motivate our executives to build stockholder value and reinforce our position as a growth company.
Jarden's executives» cash bonuses and equity awards are tied to meeting specific «adjusted EPS» criteria, which is the same as reported EPS except that it removes certain expenses, including stock compensation associated with restricted stock.
Code Section 162 (m) limits the U.S. federal income tax deduction for compensation paid to our Chief Executive Officer, our Chief Financial Officer and certain other highly compensated executive officers (including, among others, our next three other most highly compensated executive officers (other than the Chief Executive Officer and Chief Financial Officer) as of the end of the calendExecutive Officer, our Chief Financial Officer and certain other highly compensated executive officers (including, among others, our next three other most highly compensated executive officers (other than the Chief Executive Officer and Chief Financial Officer) as of the end of the calendexecutive officers (including, among others, our next three other most highly compensated executive officers (other than the Chief Executive Officer and Chief Financial Officer) as of the end of the calendexecutive officers (other than the Chief Executive Officer and Chief Financial Officer) as of the end of the calendExecutive Officer and Chief Financial Officer) as of the end of the calendar year).
The following table lists the annual compensation for the fiscal years 2009, 2008, and 2007 of our CEO, CFO, and our three other most highly compensated executive officers in 2009 (referred to as listed officers).
For purposes of the table in «Executive Compensation — Summary Compensation Table» below, we are required to report pursuant to applicable SEC rules any stock option grants to Mr. Musk at values determined as of their respective grant dates and which are driven by certain assumptions prescribed by Financial Accounting Board Accounting Standards Codification Topic 718, «Compensation — Stock Compensation» («ASC Topic 718»).
An «Employer Sponsored Retirement Plan» is a Qualified Retirement Plan, ERISA covered 403 (b) and certain non-qualified deferred compensation arrangements that operate in a similar manner to a Qualified Retirement Plan, such as 457 plans and executive deferred compensation arrangements, but not including employer sponsored IRAs.
the annual compensation deduction limit has been reduced to $ 500,000, the exception for performance - based compensation has been eliminated and the individuals covered by the limit has been expanded to include not only our covered executives as described above but also our next 20 most highly compensated team members.
The Executive Vice President, Human Resources has engaged Mercer LLC as management's compensation consultant.
A cynic would likely view and categorize «ëxcessive» executive compensation / remuneration as nothing more than a legal loop hole to what some people (i.e., the Chicago Judge in Conrad Black's case) would.
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