Case Studies
ASX 200 Biotech Company Aligns Director Remuneration and Shareholder Interests Across Multiple Countries
A GECN Greater Asia/Australia partner worked closely with an ASX 200 biotechnology client that had four long-term promising products in the pipeline. Our GECN partner firm helped the company develop an alternative framework that incorporated Board Director stock options, delivered in a way that did not compromise their independence while still being tax-effective across multiple jurisdictions.
Say on Pay: Getting to Yes
Our North America GECN Partner was engaged by a Fortune 500 company that received, prior to our Partner’s involvement, an unacceptable 24% Say on Pay (SOP). The GECN worked with the company to redesign its compensation program and administration of the program to better fit with the company’s new business strategy.
What to Do When Investors’ Eyes are on You
This GECN Greater Asia/Australia Partner worked closely with an ASX 50 client that had operations in seven countries, with its main markets, manufacturing, and leadership in the U.S. Our GECN partner firm assisted the remuneration committee of the board to develop an alternative framework that met the company’s need to focus executives on strategies for improving shareholder returns.
Company Plans for U.S. IPO
With more than 5,000 employees and 50 branches throughout China, a leading fintech company wanted to keep pace with its high-growth path and potential market opportunities. To this end, it decided to raise public funds through a U.S. IPO. The fintech company reached out to our GECN North America team who collaborated with our GECN Asia group to leverage their local Chinese market expertise and experience with U.S. executive compensation best practices.
Planning for the Long Haul: Designing the Board of the Future
This client in the financial services sector had a solid Board of Directors that worked well together. But it worried whether the current mix of Board skills, including industry knowledge and risk-readiness, would be the kind needed to meet the company’s future needs. Using its experience at the intersection of governance, financial stewardship, compensation and regulation, the GECN Europe team conducted an analysis to identify competencies to “future proof” the Board.
Retaining and Attracting Talent in Good Times and Bad
This financial services company, doing business in an extremely competitive market, was concerned remuneration levels for their top executives were no longer competitive with the market. Going beyond the data, the GECN Europe team started with level benchmarking and then customized benchmarking based on the design and structure of fixed and variable compensation.