Farient Advisors (Farient), a leading independent executive compensation and corporate governance consultancy, announced the acquisition of Rem.n (Remuneration Associates), a London-based independent remuneration and governance consulting firm.
We have seen that:
Increasingly the remits of the Nominations Committee and Remuneration Committee are overlapping, and in a dynamic world where Boards have wider responsibilities to all stakeholders, with reputational stakes the highest they have ever been, it’s not difficult to see why.
For instance, linking senior pay to ESG targets highlights the need to have an ESG competent Board in the first place. Paying due attention to the need for a truly diverse workforce and the policies that facilitate that, means that diversity must start at the top.
Resulting in positive or negative reactions from the market. Our experts use their in-depth experience of years working with Boards to help navigate and support the leadership strategy agenda - for the planned and the unplanned.
As a result, we have a great many lessons learned, and we work with our clients to pass on what we know, and what we know others have signally failed to accomplish.
If we focus on one particular area, which is the succession analysis, what we found was that the index for chief executives who have been promoted is much, much higher than for those who have been brought in from the outside.