Equilar’s comprehensive process creates the most logical peer groups for companies in the Russell 3000 and S&P/TSX Composite Indices.
Redwood City, CA (PRWEB) November 19, 2013
Equilar, the leader in compensation governance, is now accepting submissions of updated peer groups to include in its 2014 Equilar Market Peers™ calculations. Equilar Market Peers are used in Equilar’s Pay for Performance analyses and in Glass Lewis’ Say on Pay quantitative analyses.
U.S. companies in the Russell 3000 Index and Canadian companies in the S&P/TSX Composite Index that plan on filing updated peer groups in their proxies can now update their peer groups on file with Equilar. Equilar’s Market Peer Groups are calculated twice a year, in January and July. Companies have until December 31, 2013 to update their peer groups. Companies wishing to make updates can submit their new peer groups on Equilar’s website. (http://insight.equilar.com/app/peer_update/index.jsp)
Equilar Market Peers are based on the latest publicly-disclosed peer groups of a company. Equilar’s comprehensive process creates the most logical peer groups for companies in the Russell 3000 and S&P/TSX Composite Indices. Peer groups are composed using algorithms proven in the social networking industry, which analyze the interconnected networks of peer companies made evident by peer disclosure, and rank the strength of these connections, whether the connection is one way or reciprocal. Equilar Market Peers were recently featured in the Sunday Business section of The New York Times: “A Better Way to Compare C.E.O. Pay”. For more information, please contact Equilar via email at: peerupdate(at)equilar(dot)com.
About Equilar (http://www.equilar.com)
Equilar is the leading provider of executive compensation data and governance tools for corporations, non-profits, consulting firms, institutional investors, and the media. As the trusted data provider to 70% of the Fortune 500, Equilar helps companies accurately benchmark and track executive and board compensation, Say on Pay results, and compensation practices. In addition, Equilar offers the industry’s leading business networking solution for identifying pathways to executives and board members at companies of interest. Equilar’s research is cited regularly by Bloomberg, The New York Times, The Wall Street Journal, and other leading media outlets.
For more information on Equilar, please contact:
Via Aquino, (650) 241-6697, vaquino(at)equilar(dot)com