Tag Archives: director compensation

New scrutiny on director compensation

Director pay levels are rising, and shareholders and proxy advisers are taking note. But along with a few modest changes in oversight, basic good governance should be enough to keep excesses in check
By Ken Hugessen
With Michelle Tan and Camille Jovanovic
December 13th, 2017

Until recently, director pay attracted little attention from the shareholder community. More recently, however, a few cases in the U.S. of much higher pay have drawn some criticism from shareholders (including several class action lawsuits). In response to these concerns, … Continue reading

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Directors, incentivize thyselves

Why are most directors paid in cash and restricted or deferred shares that accrue regardless of performance, when shareholders would be better served by pay schemes that reward directors for value creation?
By Richard Leblanc
September 16th, 2013

Activist investors in both Canada and the U.S. recently proposed—for Hess Corp. and Agrium Inc. (TSX:AGU)—that the independent director nominees they nominated to serve on both Hess’s and Agrium’s boards should be paid incentive pay, directly by the activist investor, … Continue reading

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