On today’s episode, we’re joined by Meridian Compensation Partners, LLC’s Christina Medland, Managing Partner, and Mike Rourke, Lead Consultant. Christina and Mike discuss executive compensation through an activist investor lens.

Key Takeaways:

(01:23) Activist investors view compensation alignment as a barometer of the pay-for-performance relationship.

(06:48) Activists flag supplemental benefits, tax gross-ups, discretionary adjustments and aspirational peer groups as concerning.

(08:11) Activists want strong links between realized pay and performance.

(13:21) Activists compare incentive targets and resulting payouts to close business comparators.

(20:17) Be transparent in CD&As using graphics and tables. Provide business context supporting pay outcomes.

(21:30) With diverging investor policies, committees must do what’s right for their business first when setting pay.

(23:15) Underperforming companies with sound business strategies and timing transparency retain more shareholder support.

Christina Medland - https://www.linkedin.com/in/christina-medland-09450b17/?originalSubdomain=ca Mike Rourke - https://www.linkedin.com/in/mike-rourke-1668371a/

This episode is brought to you by Meridian Compensation Partners, LLC. Learn more by visiting MeridianCP.com.

#Compensation #Wages #SPAC #Equity #ExecutiveCompensation #Clawback

Building Executive Compensation Strategies for IPO and SPAC Transactions

Executive Compensation Podcast: Conversations on Executive Pay & Compensation Committee GovernanceBy Meridian Compensation PartnersJun 08, 2021