US Remuneration Practices
Purpose: Stewart Investors require insight into whether managers have taken rewards appropriate for company performance and risk.
Identify who has the longest/shortest remuneration structures.
Identify where manager hurdles have changed over the past five years to improve the likelihood of a larger payment.
Identify where has remuneration growth outpaced cash flow or book value growth over the past five years.
Ascertain who are the leaders and laggards in terms of option payments diluting minority shareholders.
Provide any examples of unusual or inventive remuneration.
Detours to be avoided:
General discussion of remuneration policies, sector and country analysis, relationships between TSR and remuneration.
100 US listed companies, names to be provided by Stewart Investors. Maximum 20 page report.
Research proposals are closed for this tender.