The best-paid CEOs don’t necessarily run the best-performing companies. Corporate boards have tried for years to tie chief executive compensation to the results they deliver. The better the company and its shareholders do, the more the top boss should be paid, or so the pay-for-performance mantra goes. In reality, CEO pay and performance often don’t… Continue reading CEO Pay and Performance Often Don’t Match Up
Tag: Shareholders
Boards Engaging With NYC Pensions on Disclosure
More than 100 companies have responded to the New York City Pension Funds’ Board Accountability 2.0 campaign during the past two months. The pension funds sent letters signed by NYC comptroller Scott Stringer to 151 nominating and governance committee chairs in a bid to compel the boards to disclose individual directors’ skills, gender, ethnicity, age, tenure and —… Continue reading Boards Engaging With NYC Pensions on Disclosure