If shareholders continue to be dissatisfied with CEO salaries, directors who sit on compensation committees may come under greater scrutiny.
Such proposals have been defeated in the recent past, but boards that would rather head them off than fight them should consider taking the following actions.
Avoid challenges from investor groups by addressing problems well ahead of time.
If Mill Road Capital’s 'Sponsoring Investor' approach works for micro-cap companies, similar attempts by investment firms that focus on mid-cap and large-cap companies may follow.
How does a company walk the tightrope that looks more like a Gordian knot? Here are a few rules to get you started.