In the end, I still prefer a performance share plan that is driven primarily by financial measures that drive value.
The performance share units were introduced for the first time this year as Citi aims to overhaul its executive compensation system.
FORBES: After Revolting Over Pandit's $15M Citi Gives New CEO $11.5M
The new pay packaged include performance share units which were introduced for the first time as Citi aims to overhaul its executive compensation system.
FORBES: No, Citi Will Not Be Broken Up, Chairman Tells Shareholders
Citi said the performance share units (PSUs) will now account for a portion of annual incentive compensation, in an effort to strengthen the existing links between pay and performance.
FORBES: After Revolting Over Pandit's $15M Citi Gives New CEO $11.5M
In a recent Compensation Committee meeting, one of the executives participating in the meeting asked whether or not I favor Total Shareholder Return (TSR) as a performance measure for performance share plans.
The new compensation plan dictates that 30% of pay for top executives, including Mr. Corbat, come in so-called performance share units that are delivered after three years, depending on the company's performance over that span.
In addition, relative TSR is used by vast majority (80 percent) of FTSE 250 companies in the UK for their performance share plans, due largely to the fact that their version of Say on Pay was implemented back in 2006.
If you have any tips on assessing your current campaign performance, share them in the comments section below!
FORBES: 5 Steps To Evaluate Your Company's Digital Marketing Strategy
Under a performance-share plan launched in 2007, executive officers get no shares if Lilly investors see zero or negative returns over a three-year period.
Other executives eligible for the performance-share units include John Gerspach, the chief financial officer, and Manuel Medina-Mora, a co-president with oversight of global consumer banking.
Morgan, given time to improve its own performance and share price, would surely like to reunite the firm that banking laws tore apart in the 1930s.
Our expectations for the quarter are very low, and weak results should pressure near-term share performance.
The problem with Kingdom is reconciling this share performance with the underlying assets or the fundamentals.
FORBES: Prince Alwaleed And The Curious Case Of Kingdom Holding Stock
He points to the strong inverse correlation between capital spending in the industry and share performance.
And the system then gathers all the performance data to share with the operations team.
The first sort resulted in above-average short- and long-term share performance, the second in prolonged under-performance.
ECONOMIST: Corporate downsizing in America: The jobs challenge | The
His premise was that certain board governance factors lead to strong share performance.
Individual doctors will have to share performance figures with the medical director of their trust and the trust's lead consultant.
Indeed over shorter periods of time, and under specific circumstances, short selling activity can be a very useful indicator of share performance.
Jackson evaluated contenders based on what he believed are key indicators of strong boards and, therefore, strong share performance: equity ownership, independence and time.
This would likely affect their financial performance and therefore share prices.
The share performance of Syngenta, a new agricultural technology company spun out of Novartis and AstraZeneca, which comes to market later this month, will be an important test.
The Audi Sailing Team Germany (STG) uses Sail Better, a mobile solution to help sailors and coaches increase training efficiency and share performance-critical data around boat control and sail trim settings.
This has also resulted in strong market share performance.
FORBES: Asia Still Loves Lighting Up, Philip Morris Deserves $75 Stock Price
"Infineon continued to improve its business performance and gained market share in an ongoing difficult market environment, " said chairman Ulrich Schumacher.
The upgrade was based on good operating performance and strengthened market share.
The FTSE 100 index, a proxy for the share price performance of FTSE 100 shares, is still not back to where it was 11 years ago, during which time the average pay of FTSE 100 bosses has more than trebled.
The exceptional performance incentive plan would have granted free share options to senior executives based on the company's performance.
Such votes have become partly a way for investors to express frustration with company or share-price performance.
This makes their performance uncertain, and their share prices volatile indeed few are listed because of just this problem.
应用推荐