Meridian’s 2023 Corporate Governance & Incentive Design Survey

NORTHWEST--(November 1, 2023)—As companies review their executive compensation program designs and related corporate governance policies, it can be helpful to review current market practices and recent trends in order to inform discussions in the boardroom.

Meridian’s 2023 Corporate Governance & Incentive Design Survey shares our findings on various executive compensation and corporate governance topics relevant to companies today.

The survey summarizes market practices at 200 large publicly traded companies across all industries (referred to herein as the “Meridian 200”). These companies have median revenues and market capitalizations of $22.2B and $41.7B, respectively, making them a representative sample of the S&P 500.

All information was gathered from annual proxy statements. Meridian has conducted a similar analysis every year since 2011, with minimal changes to the list of reviewed companies (98% of the 2023 Meridian 200 constituents were reviewed in 2022). This consistency allows us to identify emerging trends. For more details, please refer to the Profile of Survey Companies section.

Click here to view the survey and its findings.