4 members · 29 posts · Restricted
James Okafor· Halcyon Financial Group
UK listed insurer. Our policy requires executive directors to hold shares worth 250% of salary for two years after leaving. It was approved three years ago and our first departure…
Priya Raghunathan· Calibre Software
US-listed specialty retailer, about $4bn market cap. Our advisory vote came in at 71% this spring, down from 93%. The main issue was a bonus that paid at 112% of target in a year…
James Okafor· Halcyon Financial Group
Our compensation committee is revisiting the LTI design and there is a split view on whether to measure relative TSR against a broad index or a curated 18-company peer group.
Anonymous member
UK listed media company. Our policy grants long-term awards at 200% of salary for the chief executive. The share price has fallen 40% since last year's grant, so the same…
Anonymous member
After a difficult audit of our remuneration report two years ago, where we could not reconstruct why the committee had made a particular adjustment, I introduced a one-page record…
Dana Whitfield· Meridian Health Systems
Fourth-generation family-owned engineering group based in Austria, around 6,000 employees and EUR 1.4bn revenue. The family will not issue equity to non-family managers. We have…
Nadia Haddad· Qasr Holdings
I am the first reward hire at a private equity backed software business headquartered in the UK with about 1,100 people. A listing is planned within 18 to 24 months. The top 35…
James Okafor· Halcyon Financial Group
I look after board remuneration at a member-owned insurer in Australia with about A$9bn in assets. Fees have not moved in four years: A$95,000 base for a director and A$210,000…
Nadia Haddad· Qasr Holdings
We are a mainboard-listed logistics group in Singapore putting a new performance share plan to shareholders next April. The old plan allowed up to 15% of issued shares over its…
James Okafor· Halcyon Financial Group
A lesson I would rather others did not repeat. Canadian listed mining services company. Two years ago the board made a special grant of C$3m in restricted shares to the chief…
Dana Whitfield· Meridian Health Systems
US-listed capital goods manufacturer, about $7bn in revenue. Half of our PSU award is on cumulative three-year earnings per share. The business is cyclical and visibility beyond…
Dana Whitfield· Meridian Health Systems
UK listed food retailer with around 31,000 employees, most of them hourly paid in stores. Last year's ratio at the median was 58:1. This year it is 94:1 because the first…
James Okafor· Halcyon Financial Group
German listed automotive supplier. We introduced share ownership guidelines two years ago: 200% of base salary for the chief executive and 100% for other management board members,…
James Okafor· Halcyon Financial Group
Australian listed healthcare company. We received a first strike two years ago with 31% voting against the remuneration report, mostly because of a retention grant and a bonus…
Dana Whitfield· Meridian Health Systems
Canadian listed consumer goods company, C$6bn market cap. We are close to appointing a chief executive from a larger US competitor. She will forfeit unvested equity that her…
Nadia Haddad· Qasr Holdings
Listed biotech in the US, roughly 450 people, one approved product and two in late-stage trials. Until last year executives received 60% options and 40% time-vested restricted…
Priya Raghunathan· Calibre Software
Sharing a lesson from a listed specialty chemicals group in Germany, around 9,000 employees. Our 2022 PSU grant vested at 38% and the 2023 grant is tracking at 164%. Same…
Priya Raghunathan· Calibre Software
An opinion that may be unpopular here. I have now worked on three moves from performance shares to restricted shares at UK and Dutch listed companies. In each case the pitch was…
Nadia Haddad· Qasr Holdings
UK listed housebuilder, around 4,500 staff. Last year the bonus formula produced 82% of maximum for the executive directors. Profit was ahead of target, largely because land sales…
Dana Whitfield· Meridian Health Systems
I am with a part state-owned listed utility in the Nordics. The annual bonus currently has 20% on non-financial measures: safety, employee engagement and customer satisfaction.…
