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L-Blast | April 2018

Dear All, It’s hard to believe May is just around the corner and proxy season will soon be coming to an end. It has been interesting, to say the least, to see the CEO pay ratio disclosures and the attention they’ve gotten from the media. This may be a potentially embarrassing math calculation employers have long hoped to escape -...

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Brent Longnecker Quoted in HBJ Article About Oxy CEO’s Pay

Occidental Petroleum has reported its executive and median employee pay, and CEO Vicki Hollub makes 110 times the compensation of her median employee. Our Chairman & CEO, Brent Longnecker, was quoted regarding this pay ratio issue in a recent article by Joshua Mann of the Houston Business Journal. In response to this issue, Longnecker said, "The really interesting use for the...

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Brent Longnecker Quoted in Article on Disney CEO’s Compensation

Walt Disney's Chairman and Chief Executive, Robert Iger, had a recent four-year, multi-million dollar compensation package rejected by shareholders, and some investors want to raise the bar on his performance targets after seeing the numbers in the analysis. Our CEO here at Longnecker & Associates, Brent Longnecker, provided a comment in this article by Ross Kerber of Thomson Reuters.

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Excessive College Coach Pay Debate

Two debates are currently underway: 1. Should college coaches be paid with lots of zeros and student athletes be paid zero? See the March 1 USA Today article attached. 2. The new 2017 Tax Act will provide a 21% excise tax on any not for profit (University) for paying over $1 million. In essence, should not for profits have an...

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2018 Proxy Push

Many of you are in the “proxy push” to get the proxy statement filed in the coming months. The amount of detail required, and requested, can make the exercise a challenge for all involved. The question is: Are you spending your time effectively on the right parts? A recent survey found the following sections of a proxy statement as the...

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L-Blast | January 2018

Dear All, We are well into the start of the new year and although 2018 has greeted us with some extremely cold temperatures that paralyzed our city for a couple of days, we at NFPCCmp;A have hit the ground running and are gearing up for proxy season. In this first L-Blast of 2018 we have some important articles to share...

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If the CEO’s High Salary Isn’t Justified to Employees, Firm Performance May Suffer

We would like to share this article written by Dina Gerdeman featured on Harvard Business School's website entitled, "If the CEO’s High Salary Isn't Justified to Employees, Firm Performance May Suffer." Researcher Ethan Rouen discovers that rank-and-file employees understand the boss deserves a big salary, but only when the number is fully explained. In addition to providing a clearer explanation of...

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PRESS RELEASE: NFPCC Releases Results for Its Annual Energy Pay Pulse Survey

Longnecker & Associates Releases Results for Its Annual Energy Pay Pulse Survey Consulting Firm Closes Proprietary Energy Compensation Survey HOUSTON – January 17, 2018 – Longnecker & Associates, a strategic compensation and corporate governance consulting firm based in Houston, recently closed its annual energy pay pulse survey. The firm will release the survey’s results to participants this month. Exclusive to Longnecker...

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What the Tax Bill Means for Executive Compensation

As we all know, both the House of Representatives and Senate voted to pass the Tax Cuts and Jobs Act legislation and sent it to 1600 Pennsylvania Avenue for the President’s signature. While it will take more time for the country’s citizens and corporate world alike to truly understand the bill’s impacts, there are certain implications in the world of...

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