Jonathan Szabo of Meridian Compensation Partners spoke with Corporate Board Member about how boards can navigate the uncharted territory of involuntary retirements from CEOs and how to craft their exit packages.Â
More focus in the boardroom these days is centered on how executive compensation is tied to an organization’s overall performance—but just what does that look like?
Proxy season went well for the majority of boards, says Virginia Rhodes, lead consultant at Meridian Compensation Partners. She shares lessons for boards about the most recent proxy season and how they can prepare for the next one.
There are multiple reasons why boards aren’t as diversified as they should be. Lack of term limits is a big one, says Dale Jones, President and CEO of Diversified Search.
Board compensation is always a hot topic for directors, with outside director compensation, lead director compensation, equity grants, the actual value of outside director pay and instances where companies have been sued for excessive outside director pay all front-burner topics.
Directors are spending more time focusing on Environmental, Social, and Governance (ESG) issues—a growing topic in board and investor circles.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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