Executive Compensation Strategies in Response to COVID-19 Disruptions
Recorded during the heat of the COVID-19 pandemic in May 2020, Takis Makridis discusses how companies are considering adapting their executive compensation awards and performance metrics in light of severe economic disruption and a climate of uncertainty. Equity award modifications, the exercise of compensation committee discretion, and an expanded go-forward reliance on relative performance awards (e.g., relative TSR) are among the topics.