Compensia, Inc. is pleased to release its third annual Bay Area 150 reports (previously the Silicon Valley 135 reports), a comprehensive study analyzing the senior executive compensation policies and practices of Silicon Valley’s largest high-technology companies. As reflected in this year’s study (which expands the number of companies examined from last year’s 135 to this year’s 150), the pay practices of the country’s largest technology and life sciences firms reflect a distinctive approach to the use of annual and long-term incentives to attract, retain, and motivate the executives that drive the growth and innovation in one of the United States most dynamic business sectors.
These analyses are based upon a review of the companies’ executive and director compensation information as disclosed in the proxy statements and other public filings with the Securities and Exchange Commission from fall 2008 and winter and spring 2009, and cover the most recent fiscal year reported by each company.
The initial report looks at the current executive compensation practices of these companies as reported for their chief executive officer, chief financial officer, and three other most highly-compensated executive officers as of fiscal year-end. The second report addresses the use of equity compensation by these companies in their executive compensation programs. The third report examines how the companies compensated the members of their boards of directors during the past fiscal year.
For additional information or reprint permission, please contact Michael Benkowitz at mbenkowitz@compensia.com or Anna-Lisa Espinoza at alespinoza@compensia.com.
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