Few Companies Have Changed Comp Plans Due To Covid-19
The low number of companies that have made changes to their compensation plans suggests most boards are satisfied with how their plans have performed during this crisis.
The low number of companies that have made changes to their compensation plans suggests most boards are satisfied with how their plans have performed during this crisis.
An increase of 240% means that institutional investors are, at least behind closed doors, increasingly talking about appointments of diverse groups to boards—and companies are listening.
The message seems clear: find a way to better align executive pay with performance or have your re-election to the board opposed at the annual meeting.
The passage of the California law means the board diversity issue is not going away any time soon. In fact, it may have the potential to change the way that business is done.
BDO spoke to 280 directors about managing a work force during the crisis. A summary of their advice.
Teri McClure, an African American who serves on four corporate boards, reacts to Wells Fargo CEO Charlie Scharf’s recent gaffe and shares her views on recruiting and retaining diverse talent.
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