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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

How much do Chief Compliance Officers make?

The national average salary for a Chief Compliance Officer is nearly $132,000, according to Glassdoor, with some CCOs making more than $250,000 a year.

Glassdoor — a site with job listings and company reviews — shows 112 salaries for the CCO position.… Continue Reading

Finding perverse incentives is hard, fixing them can be harder

Searching for perverse incentives that can become compliance land mines means messing with people’s pay.

You are not just looking to eliminate potentially dangerous design elements, but also identifying changes to variable plans that preserve as much of the positive power of your incentives as possible, while addressing the risks.… Continue Reading

Revisiting EpiPen: Steep incentive thresholds are corporate disasters waiting to happen

The root causes of perverse incentives often hide (in plain sight) in the most common variable compensation structures, which include payout floors, thresholds, payout caps, and stretch goals.

The seeds of the Epipen scandal, for example, were planted when Mylan’s management became eligible for millions of dollars of a one-time bonus payout if they hit 90 percent of their cumulative earnings target.… Continue Reading

Barbara Brooks Kimmel: Searching for balance between trust and CEO performance-based pay

It’s executive compensation season at shareholder meetings and corporate boardrooms across America, and pay for performance continues to be a hot topic.

The intersection of CEO compensation, performance and trust is discussed in recent stories about:

Comcast

Comcast’s Brian Roberts Made $36.2M In 2015, Up 10% (here)

Comcast compensation: Michael Cavanagh is highest paid CFO in the nation (here)

Verizon:

Battle between Verizon and strikers enters endurance phase (here)

And Citigroup:

About One-Third of Citigroup Shareholders Rebuke Bank on Pay (here)

Research shows that performance-based pay can have dangerous outcomes for companies that implement it.… Continue Reading