Vanguard’s “Evaluating executive compensation in times of crisis” reiterates its views articulated in May 2020 (we reported on here) about appropriate and inappropriate executive compensation responses to the impacts of COVID-19, subject to additional color on the propriety of board discretion – perhaps informed by observing companies’ pay actions play out over the course of the pandemic.
Access additional resources on our Institutional Investors page »Vanguard and our Executive Pay page. This post first appeared in the weekly Society Alert!