To main content

Position paper on CEO remuneration

We have published our position on CEO remuneration.

7 April 2017

As a global investor, our main concern is that CEO remuneration should be value-creating for the company and shareholders.

Our position is directed at company boards. The board should ensure that remuneration is driven by long-term value creation and align CEO and shareholder interests. The board should also develop pay practices that are simple and do not put undue strain on corporate governance, provide transparency on total remuneration to avoid unacceptable outcomes, and ensure that all benefits have a clear business rationale.

We will invite peer investors to consider shared principles for effective remuneration, and we will discuss with boards how this general position could be applied, taking into consideration the company’s specific circumstances.

Go to the position paper

Go to our Asset Manager Perspective on CEO remuneration