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.
Mike Grasso is a Consultant in the Pittsburgh office of Pay Governance. His experience includes competitive assessments of executive and director compensation, peer group development, annual and long-term incentive plan design, severance and change-in-control cost modeling, and pay-for-performance assessments. Mike assists publicly-traded and private companies in various industries, such as manufacturing, telecommunications, energy, consumer goods, real estate, education, and financial services.
Prior to joining Pay Governance, Mike worked as an associate in Towers Perrin's Executive Compensation practice.
Mike graduated summa cum laude from Washington & Jefferson College with a B.A. in Business Administration and minors in Economics and Data Discovery.
Compensation Committees face the challenge of balancing the tension in motivating their executives to create shareholder value in the current Say on Pay and economic environment. The current pullback in stock prices and the uncertain financial outlook for 2016 at many companies will make this year’s compensation decisions even more challenging. Continue reading →
A Pay Governance study of executive compensation programs at 175 publicly-traded manufacturing companies reveals that, despite a “rust belt” reputation, companies in this sector are employing not only contemporary program designs, but also leading edge solutions for ensuring pay and performance alignment. 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.
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.
“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.