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What compensation policies and practices reflect your compensation philosophy?
What We Do
Pay for Performance (page 27)
Balance Long‐Term and Short‐Term Incentives (page 29)
Benchmark Compensation Against an Appropriate Peer Group (page 32)
Maintain a Clawback Policy (page 67)
Monitor for Risk‐Taking Incentives (page 66)
Maintain Stock Ownership Requirements (page 40)
Prohibit Hedging (page 41)
Limit Perquisites (page 40)
Engage an Independent Compensation Consultant (page 31)
Hold Executive Sessions at Each Committee Meeting
What We Do Not Do
X
No New Agreements With Gross‐Ups for Taxes (page 42)
X
No Employment Agreements with Pre‐Change of Control Severance (page 41)
X
No “Single Trigger” Severance Agreements (page 41)
X
No Repricing of Options
X
No Guaranteed Bonuses or Salary Increases