Compensation Committee Series Webinar

August 8, 2019
2:00pm ET

Recent research shows that due to the structure of the models and evaluation approaches used by proxy advisors to determine support of say-on-pay proposals, a surprising number of public companies will eventually receive an “Against” vote recommendation. While management and boards are loath to receive a negative outcome, this finding is a potentially important frame of reference to evaluate your own company’s overall standing with and approach to ISS and Glass Lewis.

Join Pearl Meyer and the NACD for an in-depth discussion on ways in which proxy advisors have shaped the executive pay model, for better and for worse. We will outline:

• When it is best to follow their guidance and when it’s best to go your own way;
• Strategies for engaging proxy advisors and key shareholders;
• What private companies can take away from proxy advisor guidance; and
• Predictions for the future.

Speakers:

Terry Newth is a managing director in Pearl Meyer’s Boston office. He consults on the design, development, and assessment of executive compensation programs that support each organization’s business objectives, long term business strategy, and culture. His clients range from Fortune 500 organizations to pre-IPOs to private and family-owned companies in a wide range of industries.

Rainer Gawlick is a director with Protolabs, where he is a member of the audit committee and chair of the compensation committee. He is also on the boards of Progress, Meltwater, ChyronHego, and SingleDigits. For each company, Dr. Gawlick is either a member or the chair of the compensation committee. Dr. Gawlick has held executive sales and marketing positions at a broad range of technology companies and served as a consultant with McKinsey & Company, advising clients in the electronics, telecommunications, and biotechnology and software sectors.