20 Questions Directors Should Ask about Executive Compensation
Executive compensation is a complex field. This publication aims to suggest questions for directors to ask as they review executive compensation, and also give them a basis for critically assessing the information they receive from management and external advisors. The document provides an in-depth analysis of the elements and issues involved in the design and review of a compensation program, and then provides suggested questions for directors to ask.
Chair of the Compensation Committee: Evolution of the Role
Shareholders and regulators are continuing to demand more of corporate boards, calling for their active and direct involvement in corporate governance. In response, boards and their committees have been re-examining their mandates, membership, internal processes and alignment with best practices. With compensation remaining a top concern for investors, regulatory bodies and the public, compensation committees in particular are being affected, with a strong call for direct involvement and accountability on executive compensation decisions. One of the greatest changes taking place is in the evolution of the role of compensation committee chair, triggering a need to rethink and document the changes, as has generally been done for the committee itself by way of its written mandate from the board.