Insights
Alert
James Park
Managing Director, Atlanta, GA
David Yang
Managing Director, Chicago, IL
David Gordon
Managing Director, Los Angeles, CA
ISS Releases Final FAQs for the 2018 Proxy Season
Alert | By James Park, Wendy Hilburn, David Yang, David Gordon
On December 14, ISS published (1) U.S. Compensation Policy Frequently Asked Questions (FAQs), (2) U.S. Equity Compensation Plans FAQs, and (3) Pay-for-Performance Mechanics, an updated “white paper.” These documents follow the release of ISS’ policy updates on November 16 and preliminary FAQs on November 21.
Few new policies are introduced for 2018, but the FAQs update or clarify several outstanding compensation policies and the Pay-for-Performance Mechanics “white paper” provides detail on the methodology behind ISS’ quantitative pay-for-performance test incorporating the new Financial Performance Assessment (FPA). These policies apply to public U.S. companies with annual shareholder meetings on or after February 1, 2018.
James Park
Managing Director
James Park has fifteen years of progressive human capital consulting experience. He currently consults on all aspects of executive compensation and benefits, corporate governance, compliance and disclosure, and technical issues such as taxation, accounting and incentive award valuation.
David Yang
Managing Director
David Yang has advised numerous public and privately-held companies on all aspects of executive and board compensation. His experience covers a wide range of industries, including healthcare, financial services, retail, consumer products, transportation, and technology among others. He is a frequent speaker on executive compensation topics and a regular author of the firm’s alert letters.
David GordonManaging Director
Dave Gordon’s practice as an executive compensation consultant stretches back over a decade. He has covered a variety of industries, including extensive experience with financial institutions and utilities. In addition to engagements for his own clients.