The Center On Executive Compensation today announced that Michele A. Carlin, Senior Vice President, Human Resources and Communications for Motorola Solutions, will join the Center and its parent, HR Policy Association, as Executive Vice President, effective August 1, 2014.
The New York Times published its final 2014 executive compensation survey, reporting that the average total pay for the 200 most highly paid executives rose six percent, and while acknowledging "an increase in the proportion of pay based on achieving tangible results," the spotlight was again on outliers and their levels of pay.
The Wall Street Journal and the Associated Press released their annual executive compensation surveys, with both surveys finding on average that pay for large company CEOs did not increase as quickly as shareholder returns.
In 2010, the Securities and Exchange Commission issued a Concept Release on the U.S. Proxy Plumbing System which included an discussion on the conflicts of interest inherent in the proxy advisory firm industry.
Only six S&P 500 companies failed to receive majority support for their say on pay proposals in 2013. This number represents a 40% drop over 2012 say on pay results.