The U.S. Securities and Exchange Commission has long required public corporations to disclose the compensation of their top officers. The debate about whether chief executive officers are paid too much has gone on for decades. Many investors object to high CEO pay, which often runs into the tens of millions of dollars. Boards of directors…
The U.S. Securities and Exchange Commission has long required that public companies post the annual compensation of their top executives in their proxies. In 2015, the SEC ruled that public corporations had to show how much their CEOs made in relationship with the median salary of their firm’s workers. The rule went into effect in…
…Meanwhile, say-on-pay support has declined somewhat in the first three months of this year so far compared to 2020. According to data from compensation consulting firm Farient Advisors’ say-on-pay tracker and public company intelligence provider MyLogIQ, average say-on-pay support at S&P 500 annual meetings reported through March 23 was 84.6%. Last year through March 23, say-on-pay…
Companies are revising their plans for bonuses and other incentive compensation as the coronavirus pandemic upended financial forecasts and executives managed through a once-in-a-lifetime economic downturn. The pandemic has had a disparate effect on companies’ balance sheets, leading to soaring profits in some industries, such as online retail and groceries, and steep losses in others, for example hospitality and travel….
If corporate life is a pyramid, for Black Americans, it is one with the steepest of peaks. Out of the chief executives running America’s top 500 companies, just 1%, or four, are Black. The numbers aren’t much better on the rungs of the ladder leading to that role. Among all U.S. companies with 100 or…
In the past decade, the number of outgoing CEOs who’ve stepped into executive chair roles has quietly tripled from single digits to two dozen or more. So far this year, there have been 13 such moves, with a few more companies still to file corporate proxies. In 2020, the list includes chair appointments at blue…
DOW 30 – A PROFILE OF ITS LEADERS
A great deal has been written about how the CEO jobs at America’s largest companies are almost exclusively held by white men. At the other end of the spectrum, the number of female chief executives of color is extremely small: only four. According to research by MyLogIQ, which uses artificial intelligence and machine learning to analyze…
A new study titled “The Face of Corporate America” examines the racial and gender figures for S&P 500 chief executive officers. The analysis was done by MyLogIQ, Public company intelligence provider, and it shows that only 11% of the CEOs among the companies are people of color. The gender figures and figures about female CEOs of color were…
THE FACE OF CORPORATE AMERICA