Latest Executive compensation Stories
NEW YORK, May 23, 2012 /PRNewswire/ -- The declassification of the board of directors is emerging as one of the key highlights of the 2012 proxy season, as shareholder proposals on the subject continue to receive overwhelming support. This and other data from nearly 500 annual general meetings (AGMs) held at Russell 3000 companies in the January 1-April 30 period are discussed in the new edition of Proxy Voting Fact Sheet--the periodic report issued by The Conference Board in...
SIOUX FALLS, S. D., April 25, 2012 /PRNewswire/ -- Forbes has recognized NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) as one of America's Most Trustworthy Companies for the second time. "We're proud to be named as one of the 100 Most Trustworthy Companies in the country because it means that we're doing many of the right things," said Bob Rowe, President and CEO. "Companies that make this list don't have problems that indicate elevated risk. NorthWestern Energy...
NEW YORK, April 25, 2012 /PRNewswire/ -- Shareholders of AvalonBay Communities Inc. (NYSE: AVB) were urged today to vote against the REIT's questionable executive compensation plan in an open letter sent to investors by 32BJ SEIU, one of the largest property sector unions in the country. In the dispatch sent to shareholders representing nearly 80% of the company, the union criticizes the current executive pay plan for providing an incentive to hire unscrupulous contractors, overlook...
Taxpayer-funded salaries exceed $763K for top five contractors; salaries for others unlimited WASHINGTON, April 24, 2012 /PRNewswire-USNewswire/ -- The nation's largest federal employee union today expressed profound disappointment over the Office of Management and Budget's announcement of a 10 percent increase in the salaries that federal contractors can charge taxpayers. The American Federation of Government Employees for years has been calling attention to runaway...
NEW YORK, April 16, 2012 /PRNewswire/ -- According to Proxy Season 2012: The Year of Pay for Performance, a Director Notes report released today by The Conference Board, early proxy filings for the 2012 meeting season have focused on properly aligning executive pay with company performance. Responding to shareholder concerns, companies are utilizing new techniques to demonstrate such alignment and challenge, in supplemental proxy filings, the pay-for-performance (P4P) analytics used...
NEW YORK, April 3, 2012 /PRNewswire/ -- IR Insight, the research arm of IR magazine, has released Say on pay, a report of its survey of 188 corporate readers of both IR magazine, the global voice of investor relations, and its sister publication Corporate Secretary, the governance, risk and compliance monthly. The research report reveals what US IROs and corporate secretaries truly think about the recently introduced legislation on executive compensation: its effect on their...
DEARBORN, Mich., March 30, 2012 /PRNewswire/ -- Ford Motor Company (NYSE: F) today filed with the U.S. Securities and Exchange Commission its proxy statement for the 2012 Annual Meeting of Shareholders. The proxy announces details about the company's Annual Meeting, which is scheduled for 8:30 a.m. EDT on Thursday, May 10, at the Hotel du Pont, 11th and Market Streets, Wilmington, Del. Included in the proxy are three company and three shareholder proposals requiring the votes of...
NEW YORK, March 14, 2012 /PRNewswire/ -- More than two-thirds of U.S. companies say that their executive compensation program is influenced by the policies and voting recommendations of proxy voting advisors like Institutional Shareholder Services (ISS) and Glass Lewis, according to new research from The Conference Board, The NASDAQ OMX Group, Inc., and Stanford University's Rock Center for Corporate Governance. In particular, a majority of corporate boards are likely to change CEO...
NEW YORK, Feb. 22, 2012 /PRNewswire/ -- The Conference Board, in collaboration with seven leading European law firms, today released Executive Remuneration across Europe: A Handbook on Design, Disclosure, and Enforcement Rules, a comprehensive review of the regulatory framework for executive pay in eight key European Union states: Belgium, France, Germany, Italy, the Netherlands, Spain, Sweden, and the United Kingdom. The EU Commission and other European institutions have enabled...
Compensation Resources, Inc. (CRI) is pleased to announce that participation is now open for the 2012 Survey of Severance and Employee Turnover. Upper Saddle River, NJ (PRWEB) January 19, 2012 Compensation Resources, Inc. (CRI) is pleased to announce that participation is now open for the 2012 Survey of Severance and Employee Turnover. This survey, targeted to the general industry, is designed to capture data on the prevalence of various practices affecting severance policies, as well as...
