Further to our report: "COVID-19: Executive Pay Impacts," Willis Tower Watson's "CD&As critically important in a COVID-19 environment" provides strategic and practical guidance to companies on how to effectively tell their compensation story through a COVID-19 lens to increase the likelihood of investor and proxy advisor voting support of pandemic-prompted pay decisions. Noting the types of COVID-responsive corporate social and governance actions that may negatively influence investor support and/or draw increased scrutiny, the firm suggests common and trending disclosure practices - in addition to a COVID-19-specific approach - that are more apt to communicate the company's message in a way that will garner shareholder support.
See our recent report: "CD&A Prep: Start Now" and additional information & resources on our Proxy Statement and Executive Pay pages. This post first appeared in the weekly Society Alert!