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News & Information

News and Information

March 13, 2014 United States: Tax Reform Proposal Takes Aim At Executive Compensation

Source: Mondaq

On February 26, 2014, U.S. Congressman Dave Camp released a comprehensive tax reform proposal that includes several provisions intended to limit or restrict executive compensation. Congressman Camp's proposal includes the...

March 13, 2014 Unilever CEO Paul Polman Pockets Extra $722K for Sustainability Work

Source: Triple Pundit

Proving that being green really can get you more of that other green stuff, Unilever CEO and leader in corporate sustainability Paul Polman received a £431,775 ($722,230) bump to his already hefty annual bonus in large part for...

March 13, 2014 Wall Street Bonuses Grew 15% in New York, DiNapoli Says

Source: Bloomberg

Wall Street’s bonus pool rose 15 percent to $26.7 billion in 2013, fueled by compensation deferred from prior years, according to estimates by New York state Comptroller Thomas DiNapoli. Employees took home an average bonus of...

March 12, 2014 M&T CEO Robert Wilmers on executive pay and 'the culture of those days'

Source: shington Business Journal

Deep in his annual message to shareholders, below the boilerplate language praising employees and touting accomplishments, M&T Bank CEO Robert Wilmers offers some blunt opinions about executive compensation and what caused the...

March 10, 2014 Bank of America CEO Pay Jumped 77 Percent

Source: ABC News

Bank of America CEO Brian Moynihan saw his compensation jump 77 percent last year as the company's fortunes improved.Moynihan's total compensation was $13.1 million, according to an Associated Press calculation based on a filing...

February 25, 2014 HSBC plans to sidestep EU bonus cap revealed

Source: FT.com

HSBC became the first bank to reveal how it plans to sidestep a new EU cap on bonuses, hiking the fixed pay of hundreds of senior executives even as its profit growth fell short of analysts’ expectations.

February 20, 2014 BofA Said to Boost CEO’s Compensation 17% to $14 Million

Source: Bloomberg

Bank of America Corp. awarded Chief Executive Officer Brian T. Moynihan $14 million for last year, boosting his pay 17 percent after profit more than doubled. Moynihan received $12.5 million in stock grants for 2013, the firm...

February 19, 2014 Outrage Over Wall St. Pay, but Shrugs for Silicon Valley?

Source: NY Times

Big paydays on Wall Street often come under laserlike scrutiny, while Silicon Valley gets a pass on its own compensation excesses. Why the double standard? Take Eric Schmidt, the former chief executive and current chairman of...

February 12, 2014 Is Intel’s executive compensation shift really a ‘cultural change’?

Source: Inside Counsel

Intel Corp. may have called a recent executive compensation shift a “cultural change,” but the change may actually be a minor tremble as compared to a major earthquake

February 11, 2014 G.M. Reveals C.E.O.’s Pay Details to Counter Gender-Bias Criticism

Source: NY Times

Mary T. Barra, chief executive of General Motors, will earn as much as $14.4 million in compensation during her first year on the job, the company said on Monday. The automaker made her compensation package public two months...

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