Global Governance Advisors (GGA) developed an interactive pay-for-performance analysis tool that measures fiscal year 2013 CEO compensation against company performance relative to the Top 100 companies in Calgary by Market Cap (“Calgary Herald/GGA 100”), as of December 31, 2013.
The tool allows users to look at relative CEO Total Direct Compensation (Salary + Bonus + Long-Term Incentives) for each company in the Calgary Herald/GGA 100 and measures it against relative performance against 5 separate performance metrics.
The analysis does not illustrate if a CEO was overpaid or underpaid, rather it evaluates whether compensation is aligned to performance relative to CEOs of other companies in the Calgary Herald/GGA 100. It is important to note that each company would normally use a unique peer group and performance measures specific to its industry when designing compensation packages, rather than using the Calgary Herald/GGA 100.
About Global Governance Advisors
Global Governance Advisors (GGA) is an independent advisory firm that provides counsel to Boards of Directors in collaboration with senior management. GGA is internationally recognized, servicing clients from offices in Toronto, Calgary, New York and Miami, providing expert advice in the areas of executive compensation, board effectiveness, CEO succession planning, and corporate governance.www.GGAinc.com