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Andrew Winkler

consultant | New York 347-708-7573


Andrew Winkler is a Consultant based out of the New York office of Pay Governance. He has assisted in compensation analyses for public and private companies for various U.S. and global clients. He has over 6 years of experience in peer group composition, market pricing, broad-based employee remuneration, and analysis for special situations, including government receivership and M&A transactions. Andrew has also analyzed other issues relating to executive pay in other industries including manufacturing and defense contracting. He also currently serves as an Officer in the U.S. Army Reserves.

Past Experience

Prior to joining Pay Governance, Andrew was a consultant at Johnson Associates.


Andrew graduated from Rutgers University with a Bachelor of Arts degree in political science.

Other Posts by

The CEO Pay Ratio in Context: Framing the Narrative

If current legislation and SEC rulemaking stand, one big story in public company executive compensation during the 2018 proxy season will be the disclosure of the “CEO Pay Ratio.” Beginning for reporting periods starting on or after January 1, 2017 (spring 2018 proxy filings), companies will be required to disclose the median of employee pay excluding the CEO, CEO pay, and the ratio between the two. Continue reading

Over the Long Term, Companies with Problematic Pay Practices Generally Perform Worse than Companies that Avoid Problematic Pay Practices

Since advisory Say on Pay (“SOP”) votes became effective in 2011, ISS and Glass Lewis have exerted significant influence over the vote outcomes for these proposals. These advisors use quantitative tests to assess CEO Pay for Performance (“P4P”) alignment and supplement those quantitative assessments with a qualitative review of pay practices/program design. Continue reading

Transitioning from a Pre-IPO to Post-IPO Company

Given that the IPO market has heated up in the last few years – 2013 brought us 222 IPO pricings in the U.S., up almost 80% from 2012(1) – we thought it worthwhile to look at pre-IPO equity practices and the implications for companies after the initial offering. Continue reading

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