Baltimore Business Journal, April 30, 2010
In '09, Pay Fell for Most CEOs of Region's Public Banks
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| "Nationally, a report that compensation firm Equilar compiled for the New York Times found that the compensation of CEOs at large, publicly traded companies — not just banks — fell by an average of 15 percent in 2009, to $7.7 million." |
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Human Resource Executive, April 30, 2010
Cutting Back on Security
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| "Equilar, a Redwood Shores, Calif.-based executive-compensation research firm, has yet to conduct its analysis of 2009 information, but Aaron Boyd, head of research there, says he's seeing that, "across the board, companies' boards are trying to be more prudent with investors' money." |
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The Motley Fool, April 28, 2010
Red in Tooth and Clawback
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| "The current financial regulatory reform bill contains a requirement for clawback provisions in executive contracts, among other corporate governance initiatives. But refreshingly, many firms haven't waited for Uncle Sam — they've adopted such practices voluntarily. According to compensation research firm Equilar, 73% of Fortune 100 firms have now added clawback provisions to their executive pay policies, a huge increase from a mere 16% in 2006." |
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Human Resource Executive, April 23, 2010
Lowering the Bar on Performance
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| "Analyzing the pay of chief executives at 199 public companies with revenue of at least $5.78 billion (that filed proxies by March 26), Equilar found the median pay package declined by 13 percent in 2009, to $7.7 million. Equilar's report adds that it is the second consecutive year CEO pay declined." |
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The New York Times, April 19, 2010
Measuring Wall Street Apologetics
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| "Total compensation includes career salary, bonus, proceeds from stock and options sales and accumulated stock and retirement benefits, according to publicly available filings. For executives who left their firms, their stock is valued at their date of departure. For those who remained, their stock was valued as of Friday's market close. Data analyzed by Equilar, James F. Reda & Associates." |
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Gazette.Net, April 16, 2010
Many Top Executives Took Home Less Last Year
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| "The median total compensation of chief executives of large companies nationally declined for the second consecutive year in 2009 from 2008, by 13 percent to $7.7 million, according to a study by Equilar." |
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The Wall Street Journal, April 14, 2010
Corporate Watch
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| "Aaron Boyd, head of research at executive-compensation firm Equilar Inc., noted that Mr. Bezos's security costs rank among the highest for U.S. chief executives." |
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The New York Times, April 13, 2010
New Chief at MasterCard Signals It's Open to Change
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| "Mr. Selander, 59, is retiring from MasterCard with a pile of cash. He took home more than $149 million over the last nine years in salary, bonuses and stock he cashed out, according to an analysis of corporate filings conducted by Equilar, a compensation research business. He also has a pension worth $3.7 million and an additional $33.3 million in stock and options." |
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Compliance Week, April 13, 2010
Top Option Grants, Stock Awards in March
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| "Every month, Compliance Week publishes a list of the largest stock option grants and restricted stock awards during the previous period. The data and analysis are provided by compensation research firm Equilar." |
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The National, April 8, 2010
The Hideous Days of Business Class are Over for Some Executives
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| "In a report compiled by Equilar, a compensation research company based in California, the average pay package of the 200 chief executives of 199 companies analyzed (Motorola has two chief executives before you ask and only they know why) had faltered by 15 per cent from the previous year, down to a measly US$7.7 million (Dh28.2m)." |
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Des Moines Register, April 7, 2010
Principal CEO's Pay Dips 14 Percent
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| "'In 2009, a lot of financial services companies saw a rebound in net income and a return to profit,' said Aaron Boyd, research manager at Equilar, a compensation consulting company in California. 'In conjunction with that, we have seen the bonuses come back as well'." |
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Onion Kid, April 7, 2010
Oracle boss Larry Ellison Revenues Biggest in America
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| "The report refers to Equilar research results, which is based in income data on 200 executives in 199 companies whose income is at least 5.78 billion U.S. dollars. Motorola Inc., One of the companies have captured, has two chief executive officer (CEO)." |
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HedgeFund.net, April 6, 2010
When the Place to Get Paid is a Hedge Fund
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| "According to a survey prepared for The New York Times by executive compensation firm Equilar, CEO median pay was $7.7 million, down 13% from the year before." |
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Chicago Tribune, April 5, 2010
The Top Ten Highest-paid CEOs
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| "With $21.9 million in compensation in 2009, Abbott Laboratories CEO Miles White was among the 10 highest-paid CEOs at the country's largest companies, according to a survey by Equilar." |
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Fox Business, April 5, 2010
2009's Highest Earning Cheif Executives
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| "The findings are the product of Equilar, a California-based, executive-compensation research firm. So who are the faces behind this year's biggest paychecks?" |
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Fox Business, April 5, 2010
Corporate Titans Made $150 Million Less in 2009
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| "These figures come from this year's annual executive-compensation study, which is sifted and compiled by Equilar. The Redwood Shores, Calif., research firm prepared the report for the New York Times after analyzing the pay of 200 chief executives at 199 public companies with revenue of at least $5.78 billion that filed proxies by March 26. (Motorola has co-CEOs, hence the discrepancy in company numbers to CEOs.)" |
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CNN Money, April 5, 2009
10 Highest Paid CEOs
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| "Equilar, an executive compensation research firm, looked at 200 CEOs at the 199 largest companies (Motorola has co-CEOs) that filed their 2009 proxies as of March 26, 2010." |
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San Francisco Business Journal, April 5, 2010
Oracle honcho Ellison paid most of U.S. CEOs
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| "Larry Ellison, the boss at database juggernaut Oracle Corp., was paid $84.5 million last year, according to a report by Equilar Inc." |
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Houston Business Journal, April 5, 2010
US CEO Pay Down 15 Pct, Ellison Tops List
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| "The report, prepared for the New York Times by Equilar, a compensation research firm, evaluated the pay of 200 chief executives at 199 public companies with revenue of at least $5.78 billion that filed their proxy statements by March 26. One of the companies on the list, Motorola Inc (NYSE: MOT), has two CEOs." |
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Bloomberg, April 4, 2010
Oracle's Ellison Highest-Paid CEO as Paychecks Shrink, NYT Says
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| "The median total compensation for U.S. executives declined 13 percent to $7.7 million, while average total pay fell 15 percent to $9.5 million for chief executives at their companies at least two years, the newspaper said, citing the survey by executive compensation tracker Equilar." |
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Reuters, April 4, 2010
US CEO Pay Down 15 Pct, Ellison Tops List
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| "The findings were based on a report by Equilar, which evaluated compensation for 200 chief executives at 199 companies that had revenue of at least $5.78 billion. Motorola Inc (MOT.N), one of those companies, has two chief executives." |
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The New York Times, April 2, 2010
Bargain Rates for a C.E.O.?
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| "Equilar, a compensation research firm in Redwood Shores, Calif., recently prepared a report for The New York Times analyzing the pay of 200 chief executives at 199 public companies with revenue of at least $5.78 billion that filed their proxies by March 26." |
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The New York Times, April 2, 2010
Striking Gold in Stock Options
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| "'C.E.O.'s are looking at big gains,' said Aaron Boyd, head of research at Equilar. 'Even if stock prices stay level for the next couple of years, some of these executives are still going to get a large payout.'" |
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The Wall Street Journal, April 1, 2010
Perks Are Trimmed Amid Pushback on Pay
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| "Pay watchers say greater conservatism on pay appears to have reached more boardrooms. The percentage of Fortune 100 companies with publicly disclosed clawback policies, for instance, increased to 72.9% in 2009 from 64.2% in 2008, according to executive compensation research firm Equilar Inc. Marathon Oil Corp. adopted a clawback policy for executive officers' cash bonuses beginning in 2011, and for long-term incentives starting in 2010." |
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Reuters, April 1, 2010
CEO Median Pay Edges Lower in 2009
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| "Compensation research firm Equilar, which examines compensation practices, said preliminary data from corporate proxy filings show that the median CEO bonus payments fell 21.9 percent to $689,000 in 2009 from $882,000 in 2008." |
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The Democrat and Chronicle, April 1, 2010
Antonio Perez, other Kodak Executives Paid Better in 2009
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| "Between 2007 and 2008, CEOs across America saw sizable cuts to their usually hefty compensation packages. According to Equilar, a research firm that tracks executive compensation, median pay fell 6.8 percent from 2007 to 2008, with much of the drop due to smaller cash bonuses." |
March 2010
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Reuters, March 31, 2010
CEO Bonuses Appear to Be Back in Style-Report
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| "Compensation research firm Equilar said on Wednesday that chief executives of companies which had fiscal years ending in December 2009 saw their bonuses increase by 28.9 percent over 2008. The median bonus in 2009 for those 215 CEOs was $1.45 million, up from $1.125 million in 2008, the report said." |
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Agenda Magazine, March 29, 2010
PepsiCo Expands Clawback Policy Following Risk Review
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| "PepsiCo is not the first Fortune 100 company to amend its clawback policy this proxy season. Earlier this year, General Electric strengthened its policy. In fact, for the past four years, the percentage of Fortune 100 companies disclosing that they have amended or created clawback policies has been increasing, according to Equilar research." |
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The Wall Street Journal, March 25, 2010
Credit Suisse Boosts CEO Pay
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| "The high payouts come at a time when overall executive compensation has dropped. According to compensation research firm Equilar, bonus payouts fell 12.6% in 2009 to around $812,800 on average. Many bank CEOs waived their bonus payments for last year, including Barclays PLC's John Varley and Royal Bank of Scotland Group PLC's Stephen Hester." |
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CFO Magazine, March 19, 2010
How to Get on a Board
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| "The pay isn't bad, either: last year the median pay for independent directors at Fortune 500 companies was $182,102 (excluding additional fees for sitting on particular committees), according to Equilar, a compensation-research firm." |
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Pension & Benefits Daily, March 19, 2010
CEO Bonuses Larger Than Expected Based on Analysis of Recent Proxy Filings
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| "Aaron Boyd, research manager at Equilar, told BNA March 18 that the difference between the preliminary and final results had to do with timing. 'As the numbers are showing, as the market has started to recover, so too have bonuses,' he said. Companies with fiscal years ending June 30, 2009, were generally reporting on bonus payouts from July 1, 2008, to June 30, 2009, at the time of most of the market turmoil, Boyd said." |
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CNBC.com, March 18, 2010
Are They Worth It?
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| Discussing executive bonuses taking a hit in 2009 and whether these payouts are necessary, with Michael Corkery, The Wall Street Journal; Robert Miller, Tepper School of Business Carnegie Mellon and CNBC's Mary Thompson. (Source: Equilar) |
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CNBC.com, March 18, 2010
CEO Bonuses Took Hit in 2009
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| "CEO bonuses took a hit in 2009, as company boards start to tie pay to performance. CNBC's Mary Thompson has the details." (Source: Equilar) |
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The Atlantic, March 18, 2010
Wall Street Bonus Reform Spills Over Into Other Sectors
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| "In 2009, CEOs had an even worse year than they did in 2008. Equilar, an executive compensation research firm, published a report today that found chief executive pay down around 13% in 2009 versus 2008. That might come as a surprise: in the second half of 2009 the U.S. economy wasn't technically in recession, but it was for all of 2008. The report explains that Wall Street may be to blame: the public's insistence that lofty discretionary bonuses should be rethought influenced boardrooms outside of finance." |
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Compliance Week, March 18, 2010
Report Details Bonus Payouts and Design Trends
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| "The changes are being driven by public pressure on executive pay and an uncertain climate that's making it difficult to set performance goals, according to a new report by compensation research firm Equilar Inc." |
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World Socialist Web Site, March 18, 2010
DTE, Wall Street Profit From Utility Shutoffs
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| "DTE's top executives have made themselves rich at the expense of Detroit and Michigan. CEO Anthony F. Earley, Jr., has accrued 293,000 shares in the company, each one of which was worth, at the time of writing, $45.60. Earley has thus amassed well over $13 million in DTE stock. Earley had net wealth of $23 million in 2008, according to the executive compensation web site Equilar." |
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The Post-Standard, March 16, 2010
Excellus Board Voted Itself a 37 Percent Pay Raise
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| "Some major U.S. companies like Ford Motors, General Motors and Eddie Bauer Holdings hit hard by the economic recession cut director pay by 10 percent to 15 percent last year, according to Equilar Inc., a company that tracks executive pay." |
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Compliance Week, March 16, 2010
Top Option Grants, Stock Awards in February
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| "Every month, Compliance Week publishes a list of the largest stock option grants and restricted stock awards during the previous period. The data and analysis are provided by compensation research firm Equilar." |
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Agenda Magazine, March 15, 2010
Uncertainty Marks 2010 Bonus Design
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| "Most companies didn't have such problems last year. Total bonus payments dropped 21.9% from 2008 to 2009, according to Equilar's 2010 Bonus Plan Report, based on results from 180 companies." |
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Agenda Magazine, March 15, 2010
GE Strengthens Clawback With Two-Part Policy
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| "The clawback policy adopted by GE wouldn't fit neatly into the categories used by Equilar in its study. The compensation research firm did not group clawbacks based on the level of discretion provided to boards for recouping pay. Instead, it classifies the policies based on their triggers. The categories the firm included were financial restatment, ethical misconduct (financial or non-financial), noncompete violation and other." |
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Press Trust of India, March 14, 2010
US Cos Slash CEO Bonuses by 22pc in 2009
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| "'For a lot of companies, the 2009 bonus numbers are capturing the full effect of what happened in late 2008,' says Equilar Research Manager Aaron Boyd. 'A lot of companies adjusted their performance plans last year to reflect market conditions and make sure pay was commensurate with performance.'" |
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Star News Online, March 12, 2010
Execs Lead by Example — All the Way to the Bank
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| "In 2008, when Stephenson refused his bonus, Chesapeake Energy CEO Aubrey K. McClendon made $112.5 million with a base salary of $975,000, according Equilar Inc., as reported on CNNMoney.com. He was the highest paid exec that year." |
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Compliance Week, March 11, 2010
Early Proxies: CEO Bonuses Down, Less Prevalent in 2009
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| "'For a lot of companies, the 2009 bonus numbers are capturing the full effect of what happened in late 2008,' says Equilar Research Manager Aaron Boyd. 'A lot of companies adjusted their performance plans last year to reflect market conditions and make sure pay was commensurate with performance.'" |
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Reuters, March 10, 2010
Blue Chips' Ties to Pay Advisers Under Spotlight
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| "Currently, big companies like Towers Watson, Hewitt Associates Inc and Mercer, a subsidiary of Marsh & McLennan Companies Inc, are compensation consultants for about half of the major U.S. companies, according to data by Equilar, which tracks executive compensation." |
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Reuters, March 10, 2010
CEO bonuses fell 22 pct in U.S. in 2009 — report
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| "The median reflected the midpoint of 180 companies sampled for Equilar's 2010 Bonus Plan Design report. The California-based company said it plans an update next week as more companies disclose pay data for 2009." |
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CNBC.com, March 9, 2010
CEO Bonuses Fall 22% in 2009: Study
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| "In a report to be released on Wednesday, the executive compensation firm Equilar looked at the proxies filed by 180 firms with revenue of more than $1 billion. The study found that in 2009 the median bonus payout fell 22 percent to $689,000 from $882,000 in 2008." |
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Evansville Courier & Press, March 7, 2010
'Clawback' Targets Executive Pay Bonuses
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| "Business research company Equilar also has found evidence of a rising clawback trend. In November, Equilar published an analysis that found 72.9 percent of Fortune 100 companies had a publicly disclosed clawback policy. Only 17.6 percent did in 2006." |
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The Wall Street Journal, March 4, 2010
Stock Options Still Popular With Tech Firms
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| "Silicon Valley firms such as Oracle Corp. and Cisco Systems Inc. continued to give out big options packages to executives during the recession last year, according to an analysis from executive-compensation research firm Equilar Inc. Some companies handed out option grants that were similar in scope to what they gave in 2008, while others raised such grants substantially from 2008, when they didn't hand out any stock options to executives." |
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The Wall Street Journal, March 3, 2010
Stock Options Still Popular With Tech Firms
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| "According to executive compensation research firm Equilar Inc., 80% of Fortune 100 clawback provisions allow 'for the recovery of compensation in the event of a financial restatement.' Additionally, 85% had provisions to recover compensation when the "executive behaves unethically." |
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The New York Times, March 1, 2010
Shake-Up Is Citi's Latest Rebranding Attempt
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| "Thomas Montag, the head of Bank of America's investment bank, was paid about $29.9 million last year, according to Equilar. That puts him in the running as Wall Street's highest earner in 2009. Most of his compensation, however, was from a $20 million sign-on stock award set in May 2008 before the bank received bailout money." |
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Risk Management Magazine, March 1, 2010
Compensation Controversy
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| "for their employees was anticipated to reach $145.8 billion dollars in 2009, an 18% increase from 2008's $123.4 billion and a 6% increase from 2007's $137.2 billion. Not only that, but according to Equilar, an executive compensation research firm, 25% of the companies that reduced executive salaries in 2008 reinstated or increased those salaries in 2009." |
February 2010
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The Wall Street Journal, February 25, 2010
Despite Downturn, Top Tech Firms Awarded Big Restricted-Stock Grants
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| "According to executive compensation research firm Equilar Inc., several Silicon Valley companies provided restricted stock grants to executives last year that exceeded $20 million based on the fair market value on their grant dates. Restricted stock is a form of equity compensation that typically vests over several years." |
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Fortune, February 25, 2010
5 Gold-plated Exec Health Plans
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| "In 2009, 28% of Fortune 100 companies disclosed the cost of executives' 2008 health benefits or physicals in their proxy filings, according to research firm Equilar. That's up from 21% the year before." |
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Compliance Week, February 23, 2010
Golden Parachutes Feeling Pressure, Seeing Change
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| "'Tax gross-ups are under the most pressure and definitely the area where companies have adjusted their change-in-control provisions most quickly,' says David Sasaki, associate research manager at compensation research firm Equilar. While there hasn't been 'a massive move in one direction,' he says boards are 'much more aware of these provisions and potential payouts and are looking at them more carefully.'" |
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Compliance Week, February 17, 2010
Top Option Grants, Stock Awards in January
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| "Every month, Compliance Week publishes a list of the largest stock option grants and restricted stock awards during the previous period. The data and analysis are provided by compensation research firm Equilar." |
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Huffington Post, February 16, 2010
The F Word: Human Interest In Bank Practices
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| "According to analysis released by Equilar, an executive compensation research firm, Wells Fargo CEO John G. Stumpf was paid a personal best of $18.7 million in cash and stock in 2009. That's up 64 percent from two years earlier. That means that Mr. Stumpf is making twice as much as Lloyd C. Blankfein, his counterpart at Goldman Sachs — the 'great vampire squid' himself. Does that make Stumpf Mr. Super Squid...?" |
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Corporate Board Member Magazine, February 16, 2010
Transparency Time for Compensation Consultants' Own Compensation
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| "According to Equilar, the executive compensation research firm, 907 of Fortune 1,000 corporations used at least one compensation consultant to advise the board in 2008, and the independent firms got 39.3% of those assignments, up from 35% in 2006." |
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Bloomberg, February 12, 2010
Sarbanes-Oxley Lifts Some Directors' Pay Higher Than $1 Million
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| "Below is a list of the most highly paid directors in 2008 at the largest 1,000 public companies in the U.S., based on Securities and Exchange Commission data compiled by Equilar, a Redwood Shores (Calif.)-based pay researcher. The figures include equity, which can include grants from earlier years." |
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Corporate Board Member Magazine, February 12, 2010
How Safe is Your CEO?
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| "According to the executive-compensation research firm Equilar, the 100 largest U.S. public companies spent an average of $65,348 on their CEOs' security in 2008, a 123% increase over the $29,291 they spent the previous year." |
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The New York Times, February 11, 2010
Wall St.'s Biggest Bonuses Go to Not-So-Big Names
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| "How much senior executives earn, in cash and stock, is made public in corporate filings. This year, the results are surprising, according to an analysis by Equilar, an executive compensation research firm." |
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CFO Magazine, February 11, 2010
Sweet Surrender
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| "The amount — about 3.4 times Liddell's base salary — is also notable. For CEOs, whose exit packages are usually considerably richer than those of CFOs, most Fortune 100 companies now offer two or less times base salary for severance, according to a recent study by executive-compensation research firm Equilar." |
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BLR.com, February 10, 2010
Building a Peer Group for Your Compensation Comparisons
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| "With the recent availability of peer group data, Equilar, which studies executive compensation data, decided to compile the information so it can be easily analyzed. The company also created a tool that allows clients to perform 'what-ifs' by plugging different companies into their peer group models, and learning which companies are benchmarking back to them. If you're thinking about the best way to choose a peer group, you're ahead of many companies, even very large ones, says Aaron Boyd, a researcher at Equilar." |
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Compliance Week, February 9, 2010
Report Sheds Light on General Counsel Pay
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| "For those wondering about the going rate for keeping (or trying to keep) a company out of legal trouble these days, executive Compensation research firm Equilar has the scoop on general counsel (GC) pay at Fortune 1000 companies." |
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GraefCrystal.com, February 8, 2010
Equilar Releases Report on Consultants
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| "You'd think the baseball season had already started. That's because Equilar, Inc., a leading provider of executive pay data, is already compiling stats on the various teams. All of this is neatly packaged in its '2010 Consultant League Report', which is a real page turner for any consultant who provides executive pay services, as well as board compensation committee members themselves." |
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The New York Times, February 5, 2010
Some See Restraint in Goldman Chief's Bonus
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| "Once again, a bonus at Goldman Sachs has all of Wall Street talking — only this time, over how small it is. After weeks of intense speculation, Goldman Sachs disclosed late Friday that its chief executive, Lloyd C. Blankfein, would receive an annual bonus valued at $9 million, a figure that, to the surprise of many, put him in the middle of the pay scale for the nation's banking chiefs." (Graphic: Equilar) |
January 2010
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Compliance Week, January 29, 2010
Incentive and Equity Comp Changes Among 2010 Trends
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| "For those wondering what's ahead for executive compensation amid ever-sharpening scrutiny of pay practices and new disclosure regulations from the Securities and Exchange Commission, executive compensation research firm Equilar has provided its take on the trends and practices it says are likely to affect companies this year." |
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Time, January 27, 2010
Can Financial Firms Get Executives to Give Back Pay?
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| "Clawbacks are catching on in other industries. A recent study by executive compensation research firm Equilar found that nearly 73% of Fortune 100 companies now had clawback provisions in their executive pay packages, up from just under 18% in 2006." |
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Internet Evolution, January 27, 2010
Tech Executive Compensation Turning Around
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| "Perhaps it's a sign of a turnaround or perhaps just a sign of renewed confidence in the marketplace, but executive compensation is expected to make a comeback in 2010, according to data published this week by Equilar." |
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CFO Magazine, January 26, 2010
Compensation Restoration
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| "A number of firms that cut executive salaries in 2008 or 2009 are in the process of reinstating them, according to a recent report by Equilar, an executive compensation research firm." |
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Corporate Counsel, January 22, 2010
Let Me Tell Your Fortune: Executive Pay Projections for 2010
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| "Most companies are still waiting for those economic green shoots to sprout. But some general counsel and other executives will likely see their salaries rise this year. That's according to a new report on executive compensation trends by Equilar, an executive compensation research firm." |
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The San Francisco Chronicle, January 21, 2010
Executive Pay is Heading Back Up
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| "And such trends 'are gaining momentum in today's charged political climate,' says a just-issued report from Equilar Inc., the Redwood City executive-compensation research firm, which based its report on a survey of 40 U.S. public companies." |
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San Jose Mercury News, January 21, 2010
Intel's Profits Prompt Bigger Bonuses
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| "Aaron Boyd, research manager at Equilar, a Redwood City compensation consulting firm, said he is unaware of other Silicon Valley companies offering new or increased bonuses like Intel, which he noted 'has really bounded back from where they were a year ago when things weren't so rosy.'" |
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Compliance Week, January 19, 2010
Top Option Grants, Stock Awards in December
| |
| "Every month, Compliance Week publishes a list of the largest stock option grants and restricted stock awards during the previous period. The data and analysis are provided by compensation research firm Equilar." |
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BusinessWeek, January 14, 2010
Executive Bonuses: Empty Clawbacks?
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| "Of the 100 largest U.S. companies by revenue, 70 say they have so-called clawback provisions that allow them to recoup pay. That's up from 16 in 2006, according to Equilar, a compensation research firm. 'The concept of a clawback is gaining credibility and frequency,' says Kenneth Feinberg, the Treasury Dept.'s special master on executive compensation. 'Whether it will be effective in promoting stability and growth remains to be seen.'" |
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The Wall Street Journal, January 14, 2010
General Counsel Role Grows
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| "In a reflection of the role's importance, 42 of Silicon Valley's 150 biggest companies by revenue now list their general counsels as a 'named executive officer,' which means they are among a firm's top five best-paid executives, according to executive-compensation research firm Equilar Inc. That is up from 31 general counsels who were also named executive officers of their companies in 2006." |
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ABA Journal, January 13, 2010
Top GCs Earn a Median of $1.4M in Compensation
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| "General counsel who report directly to a CEO and were named as executive officers in their company's most recent proxy statements earned the most, Corporate Counsel reports. According to the survey by the executive compensation firm Equilar, these lawyers earned median annual compensation of $1.4 million." |
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Corporate Counsel, January 12, 2010
You Don't Need X-Ray Vision to Get a Peek at These Paychecks
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| "We aren't the only nosy ones, poking around in corporate proxy statements. The executive compensation firm Equilar has just done its own survey. Main finding? General counsel earned on average about $1.4 million in 2009." |
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AMLaw Daily, January 13, 2010
Compensation, In-House Style
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| "The magazine's Amy Miller reports that--according to data compiled from proxy statements by Equilar, an executive compensation research firm--Fortune 100 general counsel earned an average of $1.4 million in 2009." |
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Washington Post, January 12, 2010
Fresh Round of Wall Street Bonuses Rekindles Scrutiny
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| "During the first six months of 2009, the chief executives of financial companies in the Standard & Poor's 500-stock index who were awarded stock grants received an average of $2.4 million in restricted shares, which by the end of the year had soared 70 percent to $4.1 million, according to an analysis of data by Equilar. Stock options were worth an average of $4.9 million per executive." |
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The Wall Street Journal, January 11, 2010
More Boards Opting for Independent Pay Advisers
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| "Last month, the House of Representatives cleared a bill requiring the SEC to create independence standards for board compensation consultants. And on Jan. 1, HR consulting giant Towers Perrin combined with rival Watson Wyatt Worldwide to form Towers Watson in New York. The firms held about 27% of board compensation committee gigs at Fortune 1000 concerns in the year ending Feb. 28, 2009, according to researchers Equilar Inc." |
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Bloomberg, January 8, 2010
Spending Bonus Cash Becomes Risky as Clawbacks Spread
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| "Seventy-three percent of Fortune 100 companies, or the largest U.S. firms based on revenue, said they had clawback policies in 2009 compared with 18 percent in 2006, according to Equilar, a Redwood Shores, California-based executive compensation research firm." |
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Dollars And Nonsense, January 3, 2010
Google Options Make Masseuse a Multimillionaire
| |
| "Chancellor of the Exchequer, Alistair Darling, says the government is going to hit banking executives who receive a bonus of over 25,000 pounds — or roughly 273,000 Renminbi — with a 50 percent tax on the bonus money this year. First we'll hear from a research firm looking into salaries and bonuses. Aaron Boyd is the Head of Research for Equilar, a research firm in the US specializing in executive compensation and corporate governance." |
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San Jose Mercury News, January 3, 2010
Valley Takes a New Look at Stock Options
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| "Stock options may be the gas that Silicon Valley runs on, but two years of falling stock prices left a lot of tanks on empty last year. Yet as it heads into a new decade, the valley's options culture remains surprisingly resilient. A study by Equilar, a Redwood City executive compensation research firm, shows options of top officers at 140 valley companies gradually surfacing above water during the last half of the year." |
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Inside Counsel, January 1, 2010
Sense and Recompense: Executive Compensation in the Crossfire
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| "'Legislating executive compensation is like playing Whac-A-Mole—you think you're fixing a problem here, but it pops up over there,' says David Chun, CEO of Equilar, a firm that aggregates publicly available compensation data. 'There are a lot of smart people out there whose job is to design plans that can work within certain constructs.'" |
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