Managers get paid nicely. Bargain hunters in Scientific Games Corp. should know that those shares come with high accounting and governance risk. The New York lottery service provider's managers have prioritized their own interests in the past and reported on the company's finances with optimism. Scientific Games's financial statements reflect that it's had a very [...]
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GMI Ratings Governance Issue | Scientific Games Corp.
May 2, 2012 in Board Pay, CEO Pay, Corporate Governance, Executive Pay
Compensation Policy: CEO Severance Pay and the Cost of Failure
October 7, 2011 in Board Diversity, Board Pay, CEO Pay, Corporate Governance, Executive Pay
By Nathaniel Parish Flannery, Research Analyst What is the price of failure? With 14 million Americans unemployed, more people are paying attention to CEO pay packages. The unemployment rate has been over 9% since April 2009, but CEOs continue to collect multi-million dollar payouts, even as their companies deliver lack-luster returns to shareholders. Even though [...]
Director Pay Rising at Mid-Market Boards
June 24, 2011 in Board Pay
By Greg Ruel – Research Associate Director pay rose 7% in the last year at middle market size companies according to a recent study by accounting form BDO USA. The study notes a median change increase to $110,155 in 2010 from $102,089 in 2009, across a sample of 600 companies. The rise was explained primarily [...]
Director Perquisites: Are these really non-employee forms of compensation?
February 10, 2010 in Board Pay
The latest research from The Corporate Library examines aspects of director pay that go above and beyond traditional pay elements and how that could serve to influence board decisions. For instance, did you know that some independent directors are allowed 40 hours of personal flight time a year on company owned aircraft? Or that some [...]