Current Trends in Executive Compensation Based on the 2024 Proxy Season
Introduction Pay Governance LLC provides counsel and advice to the Board of Directors’ Compensation Committees of more than 450 prominent publicly-traded and private companies. In addition to providing executive compensation and technical advice, we are frequently requested to provide our insights and advice regarding compensation and industry trends and regulatory developments. Our ongoing client work, […]
Don Kokoskie is a Partner, Ira Kay is a Managing Partner, and Connie Lin is a Principal at Pay Governance LLC.
Introduction
Pay Governance LLC provides counsel and advice to the Board of Directors’ Compensation Committees of more than 450 prominent publicly-traded and private companies. In addition to providing executive compensation and technical advice, we are frequently requested to provide our insights and advice regarding compensation and industry trends and regulatory developments. Our ongoing client work, internal research and attendance at Compensation Committee meetings during the 2023 year and 2024 proxy season give us a comprehensive view of the prevailing issues and compensation strategies that Compensation Committees are considering.
The purpose of this discussion paper is to summarize the key executive compensation takeaways from the 2023 year and highlight the prominent issues and news being discussed in 2024 Committee meetings.