It wasn't the ideal way to start out as a public company, but it was a clear reminder how
much board compensation remains a hot issue, especially with say - on - pay voting continuing to spread.
Not exact matches
«When I say I am accountable, I am talking about the actions the
board took with my recommendation to take back
much of my stock - based
compensation, which make up
much of my
compensation,» Stumpf said.
The key reason executives are paid so
much now is that they appoint the members of the corporate
board that determines their
compensation and control many of the perks that
board members count on.
Instead of paying teachers pretty
much the same, based on years of service, school
boards in many communities are basing
compensation on performance.
Mr. Furchtgott - Roth is related to the wife of the Company's Chief Executive Officer, Noam Lotan, and according to a Company filing with the U.S. Securities and Exchange Commission on October 2, 2009, received $ 119,000 in cash
compensation for sitting on the
Board, over twice as
much as any other «independent»
Board member.
Much of this expense consisted of cash
compensation to the
Board.
The series provides insight on the current issues facing
boards of directors, including shareholder engagement,
board leadership, strategic planning, institutional investors, proxy advisory firms, executive
compensation,
board composition, activism, corporate and securities law, litigation and enforcement actions, cybersecurity, and
much more.