ARTICLE · 27 DECEMBER 2012

CCGG releases 2013 Principles Of Executive Compensation

Stikeman Elliott LLP

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In recognition of the fact that executive compensation practices and regulatory reporting requirements have evolved with time, the Canadian Coalition for Good Governance (CCGG) yesterday released an updated version of its Executive Compensation Principles for 2013.

CanadaCorporate/Commercial Law

Stikeman Elliott LLP

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In recognition of the fact that executive compensation practices and regulatory reporting requirements have evolved with time, the Canadian Coalition for Good Governance (CCGG) yesterday released an updated version of its Executive Compensation Principles for 2013. The CCGG indicates that the focus of the Principles is on "'pay for performance' and the integration of risk management functions into the executive compensation philosophy and structure".

The CCGG issued its initial Executive Compensation Principles in 2009, which were intended to provide guidance to boards and to promote compensation decisions that were aligned with long-term company and shareholder success.

Specifically, the CCGG articulates its executive compensation principles as follows:

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