Showing 1-12 of 172 Results
Agenda
“Next Wave” of Talent on the Engagement Agenda
"According to a recent survey from Pearl Meyer and Women Corporate Directors, 35% of boards discuss succession planning for the CEO and his or her direct reports, 20% discuss succession regarding the direct reports to the CEO’s direct reports, and 5% discuss succession planning three or more levels below the CEO."
Agenda
“Zombie” Directors Continue to Haunt Boards
"There is more of a move these days for directors to give each other feedback during—or in addition to—an annual board assessment, and that can help mitigate the risk that you end up with ‘zombie’ directors in the first place," said Peter Thies, managing director.
Bloomberg Law
A 300% Surge Makes Pot CEO Number Two in Pay Ranking
“IPO grants [to CEOs] serve two purposes—alignment with shareholders and retention, because an executive disruption at that stage can be very problematic,” noted Aalap Shah
The Information
After Apple, Amazon May Face Pressure on Executive Pay This Year
“It will be difficult for many [tech] companies to not reduce the number of shares that the executives are getting," said Aalap Shah, managing director, Pearl Meyer.
HR Dive
AI Adoption Will Drive Both Hiring and Layoffs in 2024, Half of Tech Leaders Say
As companies move forward with AI adoption, many leaders have acknowledged that AI is already changing their organizational structure, according to a Pearl Meyer report. Leaders also said they’re developing a change management strategy and implementing communication plans to keep employees informed.
Bloomberg Law
Alphabet Faces Investor Vote on #MeToo-Inspired Clawback Policy
“A lot of this is very subjective,” said Deborah Lifshey, a managing director at executive compensation consultant Pearl Meyer. “Do you leave it open to morals? Or get specific into MeToo and harassment?”
Forbes
Amazon Has Tough Choices — Closing Charity Programs, Cutting Staff, and Facing CEO Pay Pressure
“The vast majority of my clients in the tech industry are planning to cut their executives’ pay this year by giving them smaller equity packages,” said Aalap Shah, managing director, Pearl Meyer.
The Information
Amid Tech Layoffs, Tech Companies Throw Cash, Stock at the Workers They Still Want
"Even though tech companies have made an effort to control costs in the second half of this year, many have also increased their employees' compensation in some form over the last six months, most often through equity grants," said Aalap Shah, managing director at Pearl Meyer.
Washington Post
Apple CEO Tim Cook Takes Rare Pay Cut
“Passing [say-on-pay] by 60 percent or passing by 70 percent is almost like failing,” said Jan Koors, senior managing director, Pearl Meyer.
CNBC
Apple CEO Tim Cook’s New Cash Bonus Sweetener Not Tied to Bigger Sales or Profits
“The world is a lot different than it was last proxy season. As a result, diversity, equity, and inclusion are taking up a lot more bandwidth in boardrooms,” said Jannice Koors, senior managing director and Western region president at Pearl Meyer.
Agenda
As Pay Transparency Laws Rise, Companies Need to Open Up on Promotion, Too
“For the raft of new pay transparency laws to have a sustained impact, companies will need to inject other measures of transparency … that means being open about employees’ room for growth within the company, as well as their potential career path,” said Beth Florin, CEO at Pearl Meyer.
The Information
As Stripe, Ramp Valuations Rise, Some Fintechs Face Likely Down Rounds
“For employees that have some tenure with a company, a down round or depreciated value can result in a perverse incentive to go ‘next door’ and get a new package that is valued at a much lower stock price but [has a] higher wealth creation opportunity,” said Aalap Shah, managing director.