Do companies set appropriately challenging goals in their incentive plans? How does a compensation committee determine whether management is recommending challenging goals? How important are earnings guidance and analyst expectations in goal setting? Read More
Current Pay Governance Viewpoints
Ira T. Kay, Steven Friedman, Brian Lane, Blaine Martin and Soren Meischeid
John D. England and Jeffrey W. Joyce
At a recent Chief Human Resources Officer (CHRO) conference, two private equity firms’ operating partners observed that executive compensation programs in each and every company in which they invested had to be completely overhauled. “Of course,” quipped one CHRO, “all you need to do is grant large, upfront stock options as a one-time long-term incentive, and you don’t worry about pay after that.” Read More
John R. Sinkular, Eric Marquardt and Jack Marsteller
Virtually all large U.S. companies provide long-‐term incentives (LTIs) through equity-based awards, which provide economic alignment with the Read More
John R. Ellerman
Publicly traded companies are required by the SEC and the stock exchanges to obtain shareholder approval when such companies seek to implement a new long-term equity plan or increase the share reserve pursuant to such plans. Read More
Team Member Highlight
- Patrick Haggerty Partner | New York
- View Articles by Patrick Haggerty
Patrick Haggerty is a Partner in the New York office of Pay Governance. He has over eighteen years of experience working with companies on a wide range of executive compensation issues. Clients for whom Patrick serves as the Board or Management advisor include major US companies in the education, energy, healthcare, financial services, medical devices, and pharmaceutical industries. His experience extends to working with public and private companies as well as assisting companies with transactions such as acquisitions, spin-offs, and IPOs.
Prior to joining Pay Governance, Patrick was a senior consultant in Towers Watson's executive compensation practice.
Patrick has been published in leading journals and newspapers, including the Directors & Boards and Agenda. He also wrote the chapter "Risk-Based Executive Compensation Valuation" in Modeling Risk by Dr. Johnathan Mun.
Patrick earned a Master of Science degree in economics at the University of South Carolina and an MBA with a concentration in human resources at Georgia State University.