Walmart CEO’s Pay Rises 2% to $22.8 Million
Doug McMillon outearned the typical Walmart employee by a ratio of 1,888 to 1 in 2017, the company discloses.
Tax Law Ravages Exec Comp Deductions
Loss of deductions for performance-based pay may cost public companies nearly $100 million over three years — but do they care?
New Tax Law Raises Exec Comp Questions
Performance-based incentive pay programs may be significantly affected by the Tax Cuts and Jobs Act.
SEC Gets Back to Full Five-Member Strength
The commission will no longer be short-handed after the Senate confirms the appointments of Robert Jackson and Hester Peirce.
A Theory of Relativity Misses the Mark
Long-term incentives often include an element based on "relative total shareholder return" that seems sound in principle, but doesn’t work in practice.
Do High CEO Pay Ratios Harm Company Value?
In a word, no. In fact, a high ratio is associated with, although it does not cause, stronger earnings and stock performance, a new study finds.
High CEO Pay Is Bad for Investors and Companies
At its worst, high pay may incentivize wrongdoing by executives to meet performance benchmarks, the AFL-CIO contends.
Use of TSR as Incentive Pay Metric Flattens Out
Total shareholder return is still the leading metric for calculating long-term compensation, but companies' thinking may be starting to shift.
AB InBev Won’t Pay Execs Bonuses for 2016
"When we do not meet our objectives, we take responsibility for it," the company said as it reported a "disappointing" performance last year.
The Growing Importance of Proxies
Aiming to thwart shareholder activism, public companies' proxy statements are presenting shareholders with ever-more information and greater detail.
On the House
Executive compensation packages often include perquisites that can go unnoticed by investors. But how much are perks really worth?