Pay Governance LLC is an independent firm that serves as a trusted advisor on executive compensation matters.
Our work helps to ensure that our clients' executive rewards programs are strongly aligned with performance and
supportive of appropriate corporate governance practices.
Lane T. Ringlee is a Managing Partner at Pay Governance. He advises clients on the design and implementation of executive compensation programs, as well as incentive plans and rewards strategies. Lane has extensive experience in managing compensation assignments for major corporations. Some of these engagements include: developing and implementing total compensation strategies, advising boards and senior management on the design and structure of executive and board compensation programs, and selecting performance criteria and calibrating performance levels for incentive plans.
Additionally, Lane has expertise in assessing and developing governance processes and structures for executive compensation, advising organizations in preparation for initial public offerings, managing competitive valuations, and modeling and analyzing equity and incentive programs for executive and management positions. Lane works with boards and top management teams of globally prominent organizations across various industry segments.
Prior to joining Pay Governance LLC, Lane Ringlee held regional management positions with the executive compensation practices of Towers Perrin and Towers Watson.
Lane has led assignments assisting companies and regulated entities in demonstrating competitiveness of reward programs for government agencies and has testified before public agencies. Lane is also a frequent author and speaker on executive compensation topics.
Lane earned a B.S. in political economy from the University of California, Berkeley and an M.B.A. in finance from Cornell University.
The Securities and Exchange Commission (“SEC”) staff has had a busy summer. Following the release of proposed rules and regulations regarding the CEO Pay for Performance and Clawback provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”), the SEC on August 5, 2015 proposed final rules and regulations regarding the CEO pay ratio disclosure. The CEO pay ratio disclosure fulfills a further mandate of the Dodd-Frank legislation. Continue reading →
Following the recent release of new rules and regulations regarding the proposed pay for performance disclosure requirement imposed on public companies by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank”), the Securities and Exchange Commission (SEC) has just released rules to add Section 10D to the Securities Exchange Act regarding executive officer clawbacks of incentive compensation. Continue reading →
Many large U.S. based multinational banking and financial services corporations have implemented executive compensation clawback policies that require the cancellation and forfeiture of unvested deferred cash awards or performance share unit awards. These policies typically condition the cancellation of deferred compensation if it is determined that an executive engaged in misconduct, including failure to supervise or monitor individuals engaging in inappropriate behaviors that caused harm to the organization’s operations. Continue reading →
In this edition of Viewpoint, Pay Governance will discuss the proposed rules and the next steps companies should consider regarding pay for performance disclosure rules. The SEC intends that the pay for performance comparison will supplement the CEO pay ratio in providing shareholders with information to better assess executive pay for purposes of the shareholder advisory Say on Pay vote. Continue reading →
Washington D.C., Feb. 9, 2015 — The Securities and Exchange Commission today announced it has approved the issuance of proposed rules that would enhance corporate disclosure of company hedging policies for directors and employees, as mandated by the Dodd-Frank Wall Street … Continue reading →
Pay Governance Japan and Pay Governance Korea to provide executive compensation services Pay Governance LLC has formed strategic affiliate relationships with two newly founded executive compensation consulting firms — Pay Governance Japan and Pay Governance Korea. Recognized authorities in executive … Continue reading →
Introduction The intense spotlight on executive pay centers on the relationship between pay and performance for CEOs. Legacy pay-setting practices and proxy advisory firm models have largely relied upon comparisons of pay derived from disclosure in the Summary Compensation Table … Continue reading →
A new Equilar report featuring commentary from Pay Governance and Donnelley Financial Solutions analyzes the compensation discussion and analysis (CD&A) section of S&P 100 proxy statements over the last five years. With the average CD&A reaching nearly 10,000 words, the report revealed key strategies in how companies design and communicate pay practices by using alternative pay graphs, checklists and other visualizations that help draw investors to the most important information.
To be redirected to Equilar and download a copy of this important report, click here.
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October 4, 2016
Pay Governance Adds New West Coast Partner
Matt Quarles has joined the firm as a Partner. In this role, Quarles is responsible for working with clients across industries on a wide range of executive compensation issues. He will be based in Los Angeles and has nearly 20 years experience in the executive compensation consulting industry.
Pay Energy®, a new proprietary assessment tool developed by Pay Governance
Pay Energy®, a new proprietary assessment tool developed by Pay Governance LLC, helps companies consider the “drive, discipline and speed” inherent in current programs and in alternative designs that may be evaluated.
“The fundamental philosophy of executive compensation is to ‘attract, retain and motivate’ a talented management team. So it’s concerning when you hear incentive awards are just put in desk drawers until plans mature,” said Pay Governance managing partner John England.