Welcome!

News Feed Item

UPDATE: Equilar and Glass Lewis Expand Alliance to Provide Pay-for-Performance Insight for Shareholder Meeting Preparation

Industry Leaders Deliver Joint Solutions to Promote Say-on-Pay Transparency

REDWOOD CITY, CA -- (Marketwire) -- 10/03/12 -- Equilar, the leader in executive compensation data and research, today announced an expansion of its alliance with Glass Lewis & Co., the leading independent governance services firm. Under the expanded agreement, Equilar clients can now run simulations of the Glass Lewis pay-for-performance analysis to provide pay-for-performance grades in advance of annual shareholder meetings. Glass Lewis pay-for-performance grades are key inputs into Glass Lewis' analysis of Say on Pay and director election proposals at U.S. public companies.

The expanded alliance allows Equilar clients to run "what-if" scenarios and preview potential Glass Lewis pay-for-performance results by using the Equilar-Glass Lewis Modeler. Also, starting in January 2013, Equilar will be the primary compensation data provider to Glass Lewis, providing key information on executive salaries, bonuses, short-term and long-term incentives, and performance-based pay. In addition, Equilar Market Peers, a network-based peer identification methodology, will provide critical input into the Glass Lewis pay-for-performance analyses of public companies.

"In this era of Say on Pay, it's essential that companies understand how investors and investors' advisors view pay packages, before the annual meeting," said David Chun, CEO and Founder of Equilar. "Instead of only relying on past performance data, this alliance allows companies to gain a deeper understanding of upcoming pay-for-performance grades and make adjustments to compensation strategies."

"The starting point for any pay-for-performance analysis is comprehensive, high-quality data and a logical, easily understood methodology," said Katherine Rabin, CEO of Glass Lewis. "By expanding our relationship with Equilar, we now have access to the gold standard of compensation data as well as a groundbreaking peer group identification methodology. And, most importantly, we are able to provide tools to investors and issuers that are critical to constructive engagement."

"Using the Equilar P4P Analytics Platform, companies can now anticipate ISS concerns, Equilar P4P scores, and Glass Lewis grades using different pay and performance scenarios before the end of the fiscal year to ensure they are confident of their position going into proxy season," said Brian Sohmers, Equilar EVP & General Manager. "It's critical for public companies to understand how their compensation and performance compare to their peers, well ahead of their annual shareholder meetings."

Earlier this year, the companies announced a strategic partnership to provide institutional investors and corporate issuers with enhanced analysis of executive compensation and corporate governance matters. As part of the partnership, Glass Lewis' Proxy Paper research is available to corporate issuers via the Equilar platform. In addition, Glass Lewis has integrated Equilar Market Peers into the Glass Lewis Pay for Performance model and Equilar realizable pay data into its Say on Pay analysis. This graphical Say on Pay analysis will compare three measures of aggregate CEO pay over a three-year period: Summary Compensation Table disclosure, target pay levels, and realizable pay.

"Our position on Say on Pay is based on a holistic approach to examining executive compensation," said David Eaton, Vice President of Proxy Research at Glass Lewis. "Realizable pay data will provide additional insight which will complement other aspects of our analysis, such as plan structure, disclosure, and the alignment of pay with performance."

About Equilar, Inc.
Equilar (Redwood City, CA) is the leading provider of corporate governance data and analyses to corporations, nonprofits, consulting firms, institutional investors, and the media. Since 2000, Equilar's research has been driving shareholder and corporate decisions and is consistently cited by Bloomberg, The New York Times, The Wall Street Journal and other leading media outlets. Equilar has been recognized as one of the fastest-growing private companies in America by Deloitte, Inc. magazine, and the Silicon Valley Business Journal.

For more information on Equilar, please call (650)241-6600 or visit www.equilar.com.

About Glass, Lewis & Co., LLC
Glass, Lewis & Co., LLC is a leading independent governance services firm, serving institutional investors worldwide that collectively manage more than $15 trillion in assets. Glass Lewis supports the creation and preservation of long-term shareholder value through high-quality, objective analysis of governance, finance, accounting, legal, political and regulatory risks at tens of thousands of public companies across the globe, and provides leading-edge vote management technology and diligent client service. Founded in 2003, Glass Lewis is headquartered in San Francisco with offices in New York, Washington, D.C., Ireland and Australia.

For more information on Glass Lewis, please visit www.glasslewis.com.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Nick Ezzo
(650) 241-6677
Email Contact

Jaron Schneider
(415) 738-4115
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
Cloud analytics is dramatically altering business intelligence. Some businesses will capitalize on these promising new technologies and gain key insights that’ll help them gain competitive advantage. And others won’t. Whether you’re a business leader, an IT manager, or an analyst, we want to help you and the people you need to influence with a free copy of “Cloud Analytics for Dummies,” the essential guide to this explosive new space for business intelligence.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...