The ClearBridge 100 Report for Mid-Cap Companies: Non-Employee Director Compensation

With the close of the decade, we at ClearBridge took the opportunity to conduct a ten-year lookback at the major shifts and trends in non-employee director compensation programs. Back in May, we published a report that presents data on non-employee director compensation programs for large-cap companies among the S&P 500. As a continuation of the ClearBridge 100 series, this report presents data for mid-cap companies among the S&P 400.

Over the past ten years, we have seen a steady increase in non-employee directors' level of responsibility and a corresponding shift in how directors are compensated. Director compensation, as well as board diversity, is increasingly becoming a focus for companies and shareholders to consider as demonstrated by director pay litigation and changes in institutional investor and proxy advisory firm policies over the past decade.

To read the full Mid-Cap ClearBridge 100 Report, click here.

To read our previously distributed Large-Cap ClearBridge 100 Report, click here.

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