September 15, 2010
Top 10 Concerns for Directors: Executive Compensation #1
– Broc Romanek, CompensationStandards.com
In this recent survey conducted by Corporate Board Member and FTI Consulting, executive compensation topped the list with 41% of the respondents listing it as a major concern (all the more reason to attend our upcoming week of executive pay conferences). Here is the list:
1. Executive Pay – 41%
2. Governance & compliance – 38%
3. M&A – 34%
4. Investor relations – 33%
5. Operational risk -33%
6. Liquidity – 31%
7. Internal controls – 29%
8. Managing media & company reputation – 28%
9. Managing outside legal fees – 23%
10. Proxy and election of director issues – 22%
It’s interesting that proxy access is listed at the bottom, somewhat confirming my belief that those who view access as an apocalyptic event may be overreacting…