The SEC’s New Pay Versus Performance Rule, enacted to enhance transparency and accountability in executive compensation practices, requires companies to report “mark-to-market” pay – called “Compensation Actually Paid (CAP)”. This new disclosure gives investors the ability to measure key dimensions of executive pay – incentive strength, alignment, performance-adjusted cost, and relative pay risk – without performing elaborate and time-consuming analysis to estimate mark-to-market pay from the pay and grant data reported in the proxy statement.
Join us in this webcast as Stephen O’Byrne of Shareholder Value Advisors Inc. explains the new rule, shows how to use the reported data to calculate these key dimensions of executive pay, reports his findings on pay alignment and performance-adjusted cost for 900 public company CEOs, and shows how the calculated pay dimensions can be used to guide better incentive plan design.