May 3, 2015
I support the proposal as stated. I feel strongly that publicly traded companies should be required to provide information that establishes the relationship of company performance (as shown by TSR) vs. total paid compensation for the CEO and other executives.
I also agree that the information should be required to be provided in a format that will easily allow for comparison of this information between companies.
I agree that a reasonable period to phase this in is appropriate. I would think that 3 - 5 years would be more than enough.
I am not an expert in this area, but I do have a substantial amount of my assets in mutual funds that invest in publicly traded companies. I do have skin in this game.
I do not begrudge executive compensation, but I do want to see it more aligned with performance.
I would like to see the metrics for comparison include focus on longer-term performance, as I feel too much behavior in publicly traded companies is all about today or the very near term and not about the longer term.
Finally, given the challenges with metrics, I would support periodic revisiting and revision of them as time goes on and we develop a feel for whether they are impacting the stated goals positively.
Thanks.