There's a new player on the block in executive compensation issues. Recently-formed, the Washington-based Center on Executive Compensation says it pushes for reasoned, nuanced views on such hot-button issues as proposed "Say On Pay" legislation, regulation and other matters. The center is an offshoot of the HR...
The Securities and Exchange Commission isn't the only regulator taking a closer look at executive compensation. The Internal Revenue Service will be scrutinizing executive pay this tax season too, as part of its continuing effort to force more companies to treat fringe benefits as wages for income and employment tax...
The SEC's 370-page proposal for executive compensation disclosure could create more questions than answers. Companies point to difficulties placing a value on perks and future benefits while claiming that competitive information could be compromised. No company would argue, at least not publicly, that the Securities and Exchange Commission proposal to...
Corporate governance reform continues to focus on executive compensation. The most recent addition to this discussion comes from The Conference Board, which has published Executive Compensation Consulting, a Research Working Group on Best Practices. The Conference Board convened executive compensation consultants including Mercer and human resource executives to identify best...
Most boards of not-for-profit health care organizations are concerned about their executive compensation programs. Some members think that pay levels are too high. Some think the incentive plan rewards the wrong results. Many think the program is too complicated. They're more concerned than ever now, because of the uproar over...
Executive compensation has long attracted a great deal of attention from financial economists. Indeed, the increase in academic papers on the subject of CEO compensation during the 1990s seems to have outpaced even the remarkable increase in CEO pay itself during this period (Murphy, 1999). Much research has focused on...
Executive compensation is at a critical crossroads, a crossroad at which one of two paths will be taken – change, or be changed. Corporations, their executives and their advisors can facilitate the process and make change happen or change will be forced upon them by regulators, legislators, investors and the...
Executive compensation and benefits refer to the rewards and incentives given to the employees of an organization in addition to their fixed salary. They include fringe benefits such as health insurance and retirement plans. The paper examines the executive compensation and benefits scenario and discusses current trends of the same....
It's in the cards that tax and accounting regulations will eventually change so that executive pay techniques especially stock options will not be tax and accounting advantaged. While executive compensation, planning has been easy with looking for loopholes and all once preferential tax and accounting treatment was lessened, creativity and...
Being an executive compensation planner was easy for some years now. Stock was king and it was delivered in generous portions. Companies implemented incentives based on popular measures of company success. And it worked. Executive pay rose substantially with company performance. Shareholders were generally satisfied. Although the business press continued...
The Senate Committee on Finance has scheduled a hearing for April 18, 2002, on issues related to corporate governance and executive compensation. This document, prepared by the staff of the Joint Committee on Taxation, provides a description of present law relating to certain types of executive compensation arrangements, including nonqualified...
By James Carlson THE CAPITAL-JOURNAL The Kansas Republican Party is often said to split along conservative and moderate lines. Today, it will be split in court. A former executive director of the Kansas GOP will begin his lawsuit proceedings today in...
MENG Members Participate in ExecuNet and Salary.com[TM] Surveys on Job Satisfaction, Executive Compensation and Employment Market Outlook. OLD SAYBROOK, Conn. -- The Marketing Executives Networking Group MENG, the premier organization of executive-level marketing professionals, today announced the findings of two membership surveys conducted in partnership with ExecuNet and...
TULSA, Okla. -- SemGroup Energy Partners G.P., L.L.C., the general partner of SemGroup Energy Partners, L.P. (NASDAQ: SGLP), has appointed Edward F. Kosnik as an independent director to its board of directors. He will chair the compensation committee and also will serve on the audit and conflicts committees. ...
Industry Leader a Long-Time Member of Armed Forces Communications and Electronics Association ARLINGTON, Va., July 8 /PRNewswire-FirstCall/ -- CACI International Inc announced today that its President and Chief Executive Officer, Paul Cofoni, has been named Chairman of the Board of the Armed Forces Communications and Electronics...
Sandvine Corporation, (TSX: SVC)(AIM: SAND) a leading provider of intelligent broadband network solutions for DSL, cable, FTTx, fixed wireless and mobile operators, today reported second quarter revenue of $11.1 million. Net loss was $4.6 million, or $0.034 per diluted share, which includes $1.2 million attributable to non-cash, acquisition-related expenses and...
HOUSTON -- When the U.S. Bureau of Labor Statistics releases June 2008 U.S. employment data on July 3, 2008, Steve Drexel will be available for interviews and commentaries on a variety of topics related to U.S. labor, employment and temporary staffing. Drexel can offer insights on issues and trends for...
NEW YORK -- After fighting a four-year legal battle to keep his $188million pay package, former New York Stock Exchange chief Richard Grasso triumphed Tuesday when an appeals court threw out the final charges against him. Last week, a different appeals court tossed out four other pay-related charges against him....
PARIS, July 2 /PRNewswire/ -- Jacques Carles, Executive VP of momagri, today presented 10 founding propositions for a new food and agricultural policy. 1. To consider agriculture and food as Global Public Goods. Agriculture is strategic for the future of humanity and should be considered...
Petroleum Executive Appointed by Board of Directors BROOKINGS, S.D., July 1 /PRNewswire-FirstCall/ -- VeraSun Energy Corp. , one of the nation's largest ethanol producers, announced today that Gordon Ommen has resigned as the Company's Chairman. Duane Gilliam will assume the role of Chairman of the Board of...