Wal-Mart's Marc Lore Blows Top Off Exec Compensation List

Marc Lore — pronounced “Lorry” — was awarded more than $242 million worth of stock when the online retailer he helped found, Jet.com of Hoboken, New Jersey, was sold to Wal-Mart Stores Inc. in August 2016 for $3.3 billion. Lore then joined Wal-Mart as an executive vice president to run the Bentonville discount chain’s most ambitious assault on the competitive threat that is Amazon, adding another million or so to his total compensation.  READ MORE

Nasdaq Stockholder Approval of Equity Compensation—Trap for the Unwary

Public companies commonly use their equity as a component of incentive compensation awarded to their executives and other employees.

Under Nasdaq Listing Rule 5635(c), prior stockholder approval is generally required before a listed company may issue shares under an equity compensation plan or other arrangement.  To satisfy this requirement, public companies typically adopt and obtain stockholder approval of an incentive plan that provides for a reserve of shares that may be issued pursuant to various enumerated types of awards. READ MORE

What Drives Nonprofit Executive Compensation?

When it comes to attracting and retaining talented leaders, the setting of executive compensation packages has posed continuing challenges to nonprofits since the 1980s. These challenges relate to the professionalization of the sector, the increasing desire to measure and reward success, and the need to retain and promote the most talented managers.  READ MORE

Compensation Disclosure: Trending Towards “No”

In addition to a resume and our candidate assessment, clients always ask us to provide current compensation information.  It’s common practice, as no company wants to spend time interviewing an attorney who would ultimately reject its best offer.  And although many attorneys bristle with reluctance at the request, we are usually able to get the information our clients request. READ MORE

The Dangers of Paying Employees Too Much

One of the more challenging compensation conversations I have as a consultant is helping clients understand that offering the highest pay isn't always the best option. There are dangers and downsides to "overpaying" people. It's certainly an unpopular sentiment at the neighborhood BBQ (and likely among many who read this article). READ MORE