Just a few years ago, investors and proxy advisors wanted to limit a compensation committee’s use of discretion in determining executive rewards. Now, amid a global pandemic and mounting ESG pressure, discretion is proving invaluable as boards rush to develop new and creative compensation metrics.
In this episode, Susan Chapman, board member with The J.M. Smucker Company, discusses the challenges of aligning compensation incentives with sustainable company growth.
- What are the biggest challenges facing compensation committees right now?
- How are compensation committees approaching ESG?
- What role does discretion play in an evolving ESG landscape?