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“So many variables affect companies' CEO pay ratios that it's not useful to compare them within industries, company by company, or even year over year,” said Deborah Lifshey, managing director, Pearl Meyer.
“If Glass Lewis’s peer group is different than the one your company uses, that doesn’t automatically put you in a worse position,” said Managing Director Deb Lifshey.
“Boards looking outside for a CEO will want a proven commodity and that will cost them more because an experienced CEO will want to be paid above the average,” said David Swinford, CEO of Pearl Meyer.
“This [SEC] guidance puts proxy firms on notice that they have to get it right and be more transparent,” said Deborah Lifshey, managing director, Pearl Meyer.