Understanding Compensation Governance Trends and Incentive Design in 2024
Description
On today's episode, we’re joined by Senior Consultant Sam Bricker and Compensation Consultant Tyler Papineau, both of Meridian Compensation Partners, LLC. Sam and Tyler discuss Meridian’s annual study on corporate governance and incentive design, covering trends in clawbacks, board refreshment and pay-for-performance disclosures. They also explore how companies adapt to new regulations and the evolving executive compensation landscape.
Key Takeaways:
(01:43 ) Overview of Meridian's corporate governance and incentive design study.
(03:41 ) How companies expanded clawback policies beyond SEC regulations.
(06:00 ) The increase in coverage for clawback policies across broader employee groups.
(09:37 ) Board refreshment trends, including director tenures and overboarding policies.
(11:48 ) The role of term limits and retirement ages in board refreshment.
(14:46 ) How companies are disclosing pay versus performance, with a shift away from tailored disclosures.
(17:17 ) The role of compensation committees in pay-for-performance discussions.
(18:24 ) The continued use and evolution of TSR (total shareholder return) as a performance metric.
Resources Mentioned:
https://www.linkedin.com/in/sam-bricker-495393104/
https://www.linkedin.com/in/tyler-papineau-b95604204/
Meridian Compensation Partners, LLC -
https://www.linkedin.com/company/meridian-compensation-partners-llc/
This episode is brought to you by Meridian Compensation Partners, LLC. Learn more by visiting MeridianCP.com.
#Compensation #Wages #SPAC #Equity #ExecutiveCompensation #Clawback