CANADA - The Ontario Teachers' Pension Plan (OTPP) is urging boards and compensation committees not to change stock option plans and other forms of equity-based compensation in response to slumping markets.
Wayne Kozun, OTPP's senior vice-president of public equities, said: "Executives should be rewarded for long-term sustainable returns. "We believe it is important to protect shareholder value by ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders