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Article: Pay Alignment Rankings - New Tool to Assess Pay v Performance.
- Article from:
- Business Wire
- Article date:
- November 11, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Non-Correlated CEO Compensation a Continuing Governance Concern in the US
NEW YORK -- GovernanceMetrics International (GMI), the corporate governance research and ratings firm, announced today that its Summary CEO Compensation Reports and Pay Alignment Rankings (PAR)(SM)are now available as a stand-alone service.
First introduced in September 2007, the PAR compares changes in total direct CEO compensation expense to total shareholder returns within specific market sectors for most of the 1,775 US companies covered by GMI. It was designed to give investors, companies and their consultants a top-level view of how well compensation committees have done in ...