December 15, 2023 | Audio Interview

Perspectives from Governance Experts: Interview with Dan Ryterband on CEO Compensation
 
Daniel Ryterband

As part of the 2023 U.S. Spencer Stuart Board Index, FW Cook CEO Daniel Ryterband discusses the complexities of CEO compensation with George Anderson of Spencer Stuart, exploring how boards can set and communicate a pay philosophy that works for everyone.

“It’s critical to establish an open dialogue with investors around compensation. This is not a reactive approach to convince investors to ignore possible adverse vote recommendations on Say-on-Pay. Rather, it’s a proactive process in which management and the board explained to shareholders how the compensation program has been constructed to support organizational strategy, to align pay with appropriate performance indicators and create competitive advantage in the market.”

Daniel Ryterband

The Spencer Stuart Board Index provides a comprehensive view of governance practices among leading public corporations in various countries, localities and industries. Now in its 38th year, the 2023 U.S. Spencer Stuart Board Index analyzes the shifting composition and governance practices of S&P 500 company boards. This report sets out the trends revealed by an in-depth analysis of this year’s proxy statements. Spencer Stuart also profiles the “class of 2023” (directors appointed this year), highlight changing governance practices and discuss trends in directors’ compensation. Learn More»