Chief executive officers at the top 15 public real estate investment trusts all earned upward of $4 million last year, with the largest firm’s CEO inching toward a annual compensation total of nearly $50 million last year. …Data from public company intelligence provider MyLogIQ showed Prologis CEO Hamid Moghadam taking the cake with total pay… Continue reading Pay Metrics Proliferate for REIT CEOs Amid Sector Turbulence
Category: Agenda
SEC Drops New Comp Disclosure Rules
The SEC has revisited its pay-versus-performance disclosure rule with a fresh batch of question-and-answer guidance about various technical aspects of the one-year old rule. The guidance, in the form of nine compliance and disclosure interpretations (CD&Is), generally addresses how companies should treat valuation issues and metrics for the purposes of calculating figures in the disclosure… Continue reading SEC Drops New Comp Disclosure Rules
SEC Zooms In on Non-GAAP in Recent Comment Letters
The SEC’s Division of Corporate Finance has sent hundreds of comment letters this year questioning the prominence of non-GAAP figures in companies’ earnings releases and other filings in what experts said is an easy gotcha for the staff. …In a review of comment letters sent to Russell 3000 companies between January 2022 and May 2023… Continue reading SEC Zooms In on Non-GAAP in Recent Comment Letters
From ‘Destroying Humanity’ to Product Obsolescence, AI Risks Rise for Boards
Companies are increasingly weighing the risks surrounding artificial intelligence, based on separate reviews of 10-Qs and 10-Ks by public company intelligence provider MyLogIQ and AlphaSense. Similarly, research company TipRanks recently noted a 646% increase in risk disclosures mentioning AI since 2018. Such risks range from privacy concerns to intellectual property use to compliance to reputational… Continue reading From ‘Destroying Humanity’ to Product Obsolescence, AI Risks Rise for Boards
Climate Resolutions See Sustained Support, Despite ESG Backlash
This year investors are emphasizing climate risk as part of their push to get companies to address global warming, while treading more carefully around issues related to pay linked to sustainability goals, according to market watcher. …This year so far, investors have filed 19 climate change-related resolutions that mention climate risk at S&P 500 companies… Continue reading Climate Resolutions See Sustained Support, Despite ESG Backlash
Investor Support for Say on Pay Shows Tentative Uptick
Investors are showing increased support for executive pay plans following countless shareholder engagement meetings in the last year, according to market watchers. …However, some companies may have learned from the turmoil during the pandemic and are engaging with investors who largely frowned upon businesses’ awarding CEOs one-time retention bonuses and other special awards as workers… Continue reading Investor Support for Say on Pay Shows Tentative Uptick
Political Proposals Pile Onto Proxies
A number of boards are facing votes related to their companies’ political activities this year as the temperature surrounding companies in the political sphere keeps heating up. Already this year, shareholders have voted on two proposals as big companies — Hewlett Packard Enterprise and The Walt Disney Company — related to political activity, which garnered… Continue reading Political Proposals Pile Onto Proxies
Commitments to Diversity Are Increasing. So Too Is the Litigation.
Companies have ramped up their pledges to increase diversity over the last few years, and while they largely may not see these programs as a risk, research shows there has been an uptick in litigation relating to diversity issues filed against U.S. companies since 2020. While experts highlight the many benefits companies reap from increasing… Continue reading Commitments to Diversity Are Increasing. So Too Is the Litigation.