Research Reports

Since its founding in 1973, FW Cook has published annual reports that offer in-depth analysis of executive compensation trends, providing trusted, data-driven insights to inform sound decision-making.

2025 Top 250 Report

Research Report | By Sarah Lindenberg CohenTom Kohn, Rachel Chiu

The 53rd edition of the Top 250 Report explores executive long-term incentive practices at the 250 largest companies by market capitalization, with an emphasis on how prolonged 5-year market volatility and uncertainty has influenced and shaped plan design and structure.

2025 Top 250 Annual Incentive Plan Report

Research Report | By Warren Suh, Ezra Womark, Rachel Gibbons

FW Cook's 2025 Annual Incentive Plan Report provides a comprehensive review of the annual incentive plans of the top 250 largest companies in the S&P 500 by market capitalization. This report examines trends in financial and non-financial metrics, goal-setting practices, and actual payouts, comparing findings over the past 3-year and 6-year periods.

2024 Top 250 Annual Incentive Plan Report

Research Report | By Jose FurmanIan Kim, Michael Kenney

FW Cook’s 2024 Annual Incentive Plan Report provides a comprehensive review of the annual incentive plans of the top 250 largest companies in the S&P 500 by market capitalization. Annual incentive plans are critical tools used to align executive compensation with a company’s short-term goals and support talent attraction, motivation and retention objectives.

2024 Director Compensation Report

Research Report | By Tahmid AliMatt Lum
FW Cook's 2024 Director Compensation Report studies non-employee director compensation practices at 300 companies of various sizes and industries to analyze market practices in pay levels and program structure. At the median, year-over-year increases in total director compensation – observed to be meaningfully more muted than prior year trends.

2023 Executive Change-in-Control (CIC) and Non-CIC Severance Practices

Research Report | By Noah KaplanEva Gencheva, Alyssa Imelio

Executive severance practices have evolved over the last decade, with changes influenced in part by large institutional investors and proxy advisors. This report summarizes current market severance practices for CEOs and CFOs, with specific focus on arrangement types, qualifying termination definitions, cash severance, equity treatment, continued health and welfare benefit duration, excise tax treatment, and restrictive covenants.

2023 Director Compensation Report

Research Report | By Rachel Chiu

FW Cook’s 2023 Director Compensation Report studies non-employee director compensation at 300 companies of various sizes and industries to analyze market practices in pay levels and program structure.