NACD Library

NACD Compensation Committee Chair Advisory Council and the Advisory Council on Risk Oversight: Incentives and Risk Taking

NACD Compensation Committee Chair Advisory Council and the Advisory Council on Risk Oversight: Incentives and Risk Taking Cover
Publication Date: March 3, 2017
NOT AN
NACD MEMBER?
JOIN NOW
COMPLIMENTARY CONTENT
AVAILABLE TO ALL
LOGIN
You must log in
to download or view

In brief: NACD recently convened Fortune 500 committee chairs in a joint meeting of the Compensation Committee Chair Advisory Council and the Advisory Council on Risk Oversight. Meeting participants discussed leading practices related to incentives and risk taking.

This resource can help your board to

  • review whether your board has an appropriate balance of metrics.
  • calibrate goals and upside opportunity appropriately.
  • consider the quality of performance.
  • determine how robust the controls on data are that is used as inputs to the compensation plan.
  • collaborate on the committee level about developing and monitoring incentive plans.
  • actively exercise discretion.

Most relevant audiences: risk committee members, compensation committee members, and audit committee members