Getting Ready for The Next Chapter for Compensation Committees
Dear Friend,
This month, we’re pleased to share we’ve added another thought leader and luminary to Farient Advisors’ senior leadership team. Joining Farient is Dan Mayfield, who brings 20 years of consulting experience across a wide range of industries, including industrial, retail, consumer, pharmaceutical, healthcare, higher education, and professional services firms.
We’re thrilled he’s already being tapped for his expertise and is quoted in an article featured below. We’re confident you’ll be hearing a lot more from Dan in the coming months.
We’ve also recently published “2021 Governance Updates: Getting ready for the Next Chapter,” our Farient governance update highlighting the most prominent trends in governance this year: Shareholder Activism, ESG, and Regulatory and Proxy Advisor developments. We hope you find it interesting reading.
Please feel free to contact me with any questions you might have around governance, compensation, and shareholder engagement.
Sincerely,
Robin Ferracone
Resources for Board Members
2021 Governance Updates: Getting ready for the Next Chapter
In this governance recap we focus on three areas trending in 2021: Shareholder Activism, Governance Trends in ESG, and Regulatory and Proxy Advisor developments.
Boards Feeling Whiplash Over Recovery Expectations
Just when many companies thought recovery from the pandemic was within reach, the Delta variant forced them to rethink plans for the second half of the year. I spoke with Stephanie Forshee at Agenda about how boards are adjusting.
A dozen proxy campaigns this year in the U.S. included compensation-related demands, the highest since 2013. Farient’s RJ Bannister advises Agenda’s Lindsay Frost on the three trends bubbling up for compensation committees.
The Delta variant presented yet another challenge for cruise line board members. Farient’s newest partner, Dan Mayfield, spoke with Agenda about how investors are rebuking managers via executive pay in the industry.
Get ready for the National Association of Corporate Directors’ Annual Summit, where Farient Partner Dayna Harris will join a panel of experts to talk about climate and its impact on executive compensation best practices.
NACD Compensation Committee Chair Advisory Council - October 19
Join Farient Partner Marc Hodak and me as we co-host, with Weil Gotshall and NACD, large-cap compensation committee chairs for a lively discussion on securities and exchange commission policy updates, the impact of ESG and broader human capital responsibilities on the compensation committee, and the role of stakeholder incentives. If you are a Compensation Committee Chair of a Mid or Large Cap company and would like to participate, please contact us at info@farient.com
NACD Leading Minds of Governance - November 10
Join Farient partner, Dan Mayfield, for an invaluable outlook on all things governance, with the panel on deck for an open-ended chat based on questions submitted by attendees. Session topics will include: the state of risk oversight; ESG governance-key policies and practices; taking the lead in workforce strategy; navigating deliberate disruption; and critical milestones for executive compensation among other topics
Robin is our Founder and Chief Executive Officer. She is the author of the book, Fair Pay, Fair Play: Aligning Executive Performance and Pay, and a frequent presenter for well-known organizations. Robin has written extensively on the topics of performance management, incentive plan design, goal-setting and corporate governance. For 11 years, Robin has been named to the NACD Directorship 100, a list of the most influential people in corporate governance and the boardroom. She has been quoted by numerous business and industry publications, including The New York Times, The Wall Street Journal, and The Washington Post. Learn more about Robin.
About Farient
Farient Advisors LLC is an independent executive compensation, performance, and corporate governance consultancy. Farient provides a comprehensive array of services to boards and management, including compensation program design, performance measurement and goal setting, pay and performance alignment, board of directors’ compensation, and shareholder communications, among others. Farient is located in Los Angeles, New York, Louisville, and Dallas and is a founding partner of the Global Governance and Executive Compensation Group (GECN), serving clients in more than 35 countries throughout the world. Farient is recognized by the Women’s Business Enterprise National Council as a certified diverse company.
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