Welcome to the June 2010 issue of GuerdonNews®

In this issue we:

• Provide a remuneration committee checklist for executive pay and company risk

• Summarise outcomes from the Remuneration Forum for directors and institutional investors

• Comment on Corporate and Markets Advisory Committee (CAMAC) terms of reference to review executive pay reporting and incentive "simplification"

We conclude with the latest on executive and director remuneration disclosure updates available on the GuerdonData® on-line database and references to Guerdon Associates in the news media.

Executive incentive pay and risk management – a checklist for the board remuneration committee

Risk management, with a focus on the optimisation of risk and return rather than on risk minimisation, is now an essential remuneration committee consideration.

This article provides a checklist of issues for the board remuneration committee in their consideration of risk and reward as they apply to annual short term incentives (STIs) and long term incentives (LTIs).

Institutional investors and directors have come a long way in 4 years - agreement on key issues at our latest remuneration forum

The fourth Remuneration Forum sponsored by Guerdon Associates with CGI Glass Lewis, was held on 3 May at Allen Arthur Robinson’s Melbourne offices

The forum reviewed the government’s response to the Productivity Commission report on executive remuneration, and board remuneration committee capability requirements.

CAMAC to review executive pay disclosures

But the terms of reference also require incentive pay simplification

This article suggests that the government's focus should be on those that exercise votes.

Latest GuerdonData® Updates

Updates to GuerdonData® include disclosures from the following company:

Sigma Pharmaceuticals Limited

Executive and director remuneration data from all ASX 300 companies on GuerdonData® is available to any subscriber. Visit our website for more information on GuerdonData®.

Assess how easily you can find out director and executive pay information by viewing our 6 minute demo. Click on the “More Info” button below.

Guerdon Associates in The News

"Extract Resources Ltd, Notice of General Meeting/Proxy Form", ASX ComNews, 21 May 2010