The pandemic may now be subsiding, but shifting preferences for how and where customers wish to shop are here to stay. Retailers will need to continue to transform if they are to remain relevant and survive. Read more
The turbulent events of 2020 have heightened many American corporations’ sense of political and social responsibility. With the pandemic exacerbating income inequality and climate change still a long-term threat, investors and critics are calling on companies to care for all stakeholders, not just investors. Many boards are attending to their long-standing interests in environmental, social and governance issues more than ever before. Read more
In setting or adjusting executive compensation for 2020, boards employed a variety of reactions and solutions. All of these were well intended, and some look to hold up well over time. Other compensation arrangements, by contrast, will look incongruous given what we know now. Read more
Boards have begun the difficult work of determining which ESG goals are especially important for their company, and how to translate those goals into incentives for executive compensation. Read more
With rising calls for social reform in 2020, investors and the media are focusing attention on companies’ efforts for diversity, equity, and inclusion (DEI). They’re calling on companies to “do better” with new and expanded DEI initiatives. To boost these… Read more
By promoting diversity and inclusion, directors spur behavioral modification, not just D&I scorekeeping. They thereby lay the foundation for accelerated and permanent change. Coveted promotions and pay raises go to leaders who best exemplify a culture of inclusive leadership. Read more
With the pandemic’s disruption continuing in 2021, we discuss three critical compensation issues that management teams and boards face in the first quarter of 2021. Read more
Given the tailwinds behind HCM disclosure, we were not surprised to find that recent proxy statements reflect a surge in the degree and prevalence of HCM details relative to prior years. Read more