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
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve f...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
"WineSOFT is a software company making proxy server software, which is widely used in the telecommunication industry or the content delivery networks or e-commerce," explained Jonathan Ahn, COO of WineSOFT, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone inn...
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
The past few years have brought a sea change in the way applications are architected, developed, and consumed—increasing both the complexity of testing and the business impact of software failures. How can software testing professionals keep pace with modern application delivery, given the trends that impact both architectures (cloud, microservices, and APIs) and processes (DevOps, agile, and continuous delivery)? This is where continuous testing comes in. D
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optimal end user experience over hybrid-cloud and multi-cloud environments, no matter what the current state of the infrastructure is. To employ a delivery automation strategy that reflects your business rules, making r...
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, discussed how given the magnitude of today's application ...
Sanjeev Sharma Joins June 5-7, 2018 @DevOpsSummit at @Cloud Expo New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.
Digital Transformation (DX) is not a "one-size-fits all" strategy. Each organization needs to develop its own unique, long-term DX plan. It must do so by realizing that we now live in a data-driven age, and that technologies such as Cloud Computing, Big Data, the IoT, Cognitive Computing, and Blockchain are only tools. In her general session at 21st Cloud Expo, Rebecca Wanta explained how the strategy must focus on DX and include a commitment from top management to create great IT jobs, monitor ...
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Continuous Delivery makes it possible to exploit findings of cognitive psychology and neuroscience to increase the productivity and happiness of our teams. In his session at 22nd Cloud Expo | DXWorld Expo, Daniel Jones, CTO of EngineerBetter, will answer: How can we improve willpower and decrease technical debt? Is the present bias real? How can we turn it to our advantage? Can you increase a team’s effective IQ? How do DevOps & Product Teams increase empathy, and what impact does empath...
"Digital transformation - what we knew about it in the past has been redefined. Automation is going to play such a huge role in that because the culture, the technology, and the business operations are being shifted now," stated Brian Boeggeman, VP of Alliances & Partnerships at Ayehu, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.