Special Awards in Executive Compensation
Posted by Donald Kalfen and George Paulin on October 15, 2021 in Podcast Channel
Donald Kalfen, Partner, and George Paulin, Senior Managing Director at Meridian Compensation Partners, are the featured experts on this episode of The Executive Compensation Podcast. They each have decades of experience advising private and public companies on the design, implementation, and administration of executive compensation programs.
In this episode, Donald and George shed light on what special awards are and how they are used in relation to executive compensation programs. They frame their discussion around Meridian’s research, keeping track of special awards of $10 million or more, and provide insight into how various stakeholders such as shareholders and proxy advisors view special awards.
You’ll learn why companies use special awards, how they are designed, and how using special awards can affect Say on Pay vote outcomes. Donald and George also provide advice on engaging with other shareholders if ISS and Glass Lewis recommend against Say on Pay and institutional investors follow in lockstep.
The Executive Compensation Podcast is available on all major podcast directories including iTunes, Spotify and Google Play.
Board Advisory Services, Corporate Governance Consulting