December 10, 2013
Parsing the Pay Ratio Comments from Companies
– Broc Romanek, CompensationStandards.com
Last week, I highlighted some of the comments that the SEC has received from investors. We are now up to 115,000 pay ratio comments overall, with many more posted from investors. Some comments continue to come in, even though we are a week past the December 2nd deadline.
So far, there are not too many comments submitted by companies – and some don’t provide specific cost data. I might have missed some – sometimes the comments are not labeled clearly – but my survey shows that only 5 out of the 20 comments submitted by companies provide cost data.
These are the ones I found that include cost data:
– General Mills
– Dover Corp
– Avery Dennison
– Hyster-Yale Materials Handling
– NACCO Industries
Here are the ones that I found that don’t include cost data:
– ExxonMobil
– Microsoft
– Eaton
– Johnson & Johnson
– Vectren
– PNC Financial
– Cummins
– Freeport-McMoRan Copper & Gold
– Bill Barrett Corp
– Semtech
– Emergent BioSolutions
– International Bancshares
– Tesoro
– Garmin
– FuelCell Energy
Thanks to Mercer’s Carol Silverman for help spotting these! And here’s a analytical comment letter from “Anonymous”…