What to Do When Investors’ Eyes are on You

Challenge: This GECN Greater Asia/Australia company worked closely with an ASX 50 client that had operations in seven countries, with its main markets, manufacturing, and leadership in the U.S. It received high “no” Remuneration Report votes for its U.S.-focused executive remuneration levels and framework.

Approach: The GECN 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. Working with management, it developed proxy adviser presentation packs demonstrating that the company’s U.S. remuneration positioning and relative performance percentiles were aligned.

Results: The company developed a complementary Remuneration Report and proxy templates that demonstrated the alignment of pay with shareholder interests. Since then, the company has never incurred a “strike.”

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