By Paul Hodgson – Chief Research Analyst Yahoo! CEO Marissa Mayer has poached a Google colleague to be the company’s COO, but not without cost. In a filing yesterday, Henrique de Castro’s golden hello was described. The package is made up of: Base salary and bonus One-time retention equity award (vesting over four years) Make-whole [...]
Tag Archives | Google
May 30, 2012: Forbes
May 30, 2012 in GMI In the News
May 30, 2012: Was Sanjay Jha’s Pay a Good Return on Investment? (Forbes)
Was Sanjay Jha’s Pay a Good Return on Investment?
May 30, 2012 in CEO Pay, Daily Viewpoint, News and Opinions
By Paul Hodgson – CCO and Senior Research Associate [This post first appeared on Forbes.com] The news that Sanjay Jha is stepping down after successfully negotiating the sale of his company Motorola Mobility Holdings to Google confirms the fact – once again – that compensation committees do not understand the terms “long-term” and “incentive”. Included [...]
As Google Goes, So Goes Google
April 13, 2012 in Corporate Governance
By Ric Marshall – Chief Analyst Of the 3, 102 North American companies currently rated by GMI Ratings, approximately 10% are classified as founder firms, where the company founder or founders are still either CEO or Chairman, and of these Google (NASD:GOOG) is by far the largest and most successful, surpassing its closest competing founder [...]
Small Print
March 9, 2012 in Small Print
By Paul Hodgson – CCO and Senior Research Associate Another doc for the “Rewarded for Doing Their Job” file Events Analyst Dovid Muyderman found this bonus award in a February 27th 8-K from Medicines Company. Keep reading, it’s in the second paragraph. Medicines Company (The) (MDCO) On February 21, 2012, the Compensation Committee of the [...]
Facebook, I want your money, I don’t want your interference
February 2, 2012 in Corporate Governance
By Paul Hodgson – CCO and Senior Research Associate Probably not since Google’s IPO, with its similarly disappointing showing in corporate governance, has there been so much interest generated in an internet IPO as that of Facebook. But, although it is hoped to raise an enormous amount of investment, Facebook’s attitude towards governance is far [...]
Social Media IPOs: Dual-class Double Standard?
July 15, 2011 in Corporate Governance
By Michelle Lamb, Research Associate, and Cheri Gaudet, Marketing Manager As our own Nell Minow reported last month, social media companies Groupon and LinkedIn went public with dual-class share models; a structure known in the governance world to be problematic. This Wednesday the FT highlighted this same structure at several other social media companies – [...]
Ratings haiku IX: For Google
February 2, 2011 in Daily Viewpoint
Schmidt was kicked upstairs Hundred million in shares Why? Does he need them? Paul Hodgson – Senior Research Associate
Why does Eric Schmidt need any more Google shares?
January 27, 2011 in Executive Pay
You know, when Mary Thompson of CNBC wrote to ask me if I remembered anyone else getting anything like the $100 million stock award given to Google’s Eric Schmidt my first comment was: “Well, Larry Ellison awards himself that many stock options about once a year, so it’s not unusual for some.” But for Google, [...]
Corporate Governance at America’s Most Reputable Companies
May 18, 2010 in Corporate Governance
OK, it’s taken me a while but I did say I’d get to it. Forbes' list of the Top 10 Most Reputable Companies in America unsurprisingly does not include any financial services companies. But before we get into the nitty gritty… let’s talk timing here. The Forbes list came out on 20th April. On 30th [...]