Global Governance Advisors

Global Governance Advisors' Managing Partner, Paul Gryglewicz and Partner, Tony Spizzirri are excited to be hosting the 4th annual Beyond Board Games webinar, joined by an expert panel of senior leaders, Elaine Roper ICD.D, Partner, Head of Board & Governance Practice from Odgers Canada and Matthew Merkley, Partner from Blake, Cassels & Graydon LLP, on December 11. This session will reveal key findings from Board Games 2025. The Globe and Mail’s Board Games examines the governance practices and disclosure of companies on the S&P/TSX Composite Index to assess the quality of their governance practices and disclosure, in alignment with what shareholders expect. Following an update on Board Games 2025 and related outcomes, the panel will draw on client experience and the underlying data and trend analysis to discuss how Canadian boards are evolving in response to today’s changing governance climate. Discussion Highlights: ·   Board Renewal & Tenure ·   Board AI Readiness ·   Diversity & Disclosure ·   Director Commitments ·   Compensation Governance Emerging Governance Themes Observed: ·   Impacts of recent pushback on DEI to Board recruitment and effects on Board composition ·   Board oversight of Artificial Intelligence (AI) ·   The evolving legal and regulatory landscape for climate oversight and greenwashing ·   Increased scrutiny on the use of adjusted earnings metrics in incentive pay design ·   Shifting perception of performance hurdles on long-term incentives. Register your spot today at: https://lnkd.in/eFa93_qD #corpgov #boardsofdirectors #boardmembers #TSX

Global Governance Advisors is happy to share that building off the momentum from its recent Toronto event, its breakfast session last week in Vancouver with HR leaders and Board members from the Mining and Metals Industry was also a success. Similar to its Toronto event, Paul Gryglewicz and Peter Landers from Global Governance Advisors along with Robert Quinn and Trevor Smith from Odgers, led discussions on the key findings from the GGA’s Global Mining Compensation Survey. Key topics included:  - Executive and director compensation trends  - 2026 forecasted salary adjustments  - Short and long-term incentive design  - Shareholder pressure points from 2025 AGMs  - Talent management and retention strategies We would like to thank Jeffrey Stinchcombe from People Corporation for providing us with great insights on Employee benefits trends in the mining industry as part of the event as well. Thank you to all that attended! Just a reminder for participants in GGA's 2025 Global Mining Compensation Survey that we are still scheduling one-on-one sessions with participants to go over the Top 3 to 5 issues you might be facing from a compensation or governance perspective right now. If you are interested in setting up such a session please reach out directly to Paul Gryglewicz or Peter Landers for more information.

Global Governance Advisors is happy to share that its Toronto breakfast session with HR leaders and Board members from the Mining and Metals Industry was a success.    Paul Gryglewicz and Peter Landers from Global Governance Advisors along with Robert Quinn and Trevor Smith from Odgers, led discussions on the key findings from the GGA’s Global Mining Compensation Survey. Key topics included:  - Executive and director compensation trends  - 2026 forecasted salary adjustments  - Short and long-term incentive design  - Shareholder pressure points from 2025 AGMs  - Talent management and retention strategies   We would also like to thank Jeffrey Stinchcombe and Brock Robillard at People Corporation for providing us with exceptional insights on Employee benefits trends in the mining industry.   Thank you to all that attended! Global Governance Advisors is looking forward to the same success at our upcoming Vancouver mining event on November 26th!

Global Governance Advisors Managing Partner, Paul Gryglewicz and Senior Partner Peter Landers, look forward to GGA’s upcoming breakfast sessions with Odgers in Toronto and Vancouver where they will present key findings from the 11th anniversary of GGA's Global Mining Compensation Survey to Mining directors and HR executives. These sessions will also examine the latest trends from Global Governance Advisors' Board Games research with The Globe and Mail and how Mining companies stack up, the latest talent and retention trends in mining, as well as information on any preliminary policy updates being considered by ISS and Glass Lewis for 2026. As spots are limited, if interested, please RSVP using the following links: Toronto: https://lnkd.in/eYN6FNtW Vancouver: https://lnkd.in/eRnUJZ5H

Global Governance Advisors Managing Partner, Paul Gryglewicz and Senior Partner Peter Landers, look forward to GGA’s upcoming breakfast session with Odgers in Toronto where they will present key findings from the 11th anniversary of GGA's Global Mining Compensation Survey to Mining directors and HR executives. This session will also examine the latest trends from Global Governance Advisors' Board Games research with The Globe and Mail and how Mining companies stack up, the latest talent and retention trends in mining, as well as information on any preliminary policy updates being considered by ISS and Glass Lewis for 2026. As spots are limited, if interested please RSVP using the following link: https://lnkd.in/eYN6FNtW

Global Governance Advisors was proud to be a speaker and sponsor at the Governance Professionals of Canada (GPC) Annual Conference held in Montreal earlier this week at the Fairmont The Queen Elizabeth. Peter Landers and Tony Spizzirri enjoyed participating in a panel discussion on how Boards have evolved to meet shareholders’ expectations alongside Annie Laurenson, LLM, CDI.D, GCB.D, GPC.D and Stuart McKellar, KC, ICD.D, GCB.D, which shared valuable insights on how boards are dealing with evolving issues such as diversity, climate change, cyber-security and AI. Special thanks to Lynn Beauregard and her team at GPC for organizing such a well run conference. We look forward to future opportunities to engage with the governance community.

📈The results of Postmedia’s annual review of executive compensation at Alberta’s 100 largest publicly traded companies have been published by the Calgary Herald, which was conducted in partnership with Global Governance Advisors. Greg Ebel, CEO at Enbridge was paid the highest in Alberta in 2024. His pay, along with many other executives was driven by robust 2024 performance that saw almost all named executives at the 100 largest publicly-traded companies in Alberta receive some form of performance award or incentive bonus. Remarking on how these awards are determined, Global Governance Advisors Senior Partner Arden Dalik explained that corporate performance is measured using several metrics, both financial and operational, especially in the case of oil and gas companies. “They'll usually have a combination, because you certainly don't want it all financial.” If set up incorrectly, bonus plans can incentivize the wrong behaviour. Explaining further Dalik said, "We've seen organizations where they had... such high incentives for production, but had forgotten to sort of look at the reserve replacement." In looking forward to what 2025 has in store, Ms. Dalik indicated that with everything "changing in flight" (referring to U.S. tariffs) it's challenging to predict changes to compensation in 2025. Read more here: https://lnkd.in/eYV5HbYF

📣 In partnership with Innovation Governance Program (iGP), Paul Gryglewicz, Managing Partner and Tony Spizzirri, Partner at Global Governance Advisors welcome you to attend a half-day virtual workshop that will help innovation-driven companies build smart, scalable compensation strategies. Special guest speakers from Odgers, Anthony Batchelor and Callum Wallace, will add unique perspective from how evolving compensation practices aid in scaling talent attraction and retention.   This half-day virtual workshop will guide leaders and board members through the foundational elements of competitive compensation design, long-term incentive structures, and best practices during special situations such as major capital raises, M&A, and going public. Each section of the workshop will emphasize the role of the Compensation Committee in promoting strong governance and strategic alignment as companies scale.   Workshop runs on August 14, 2025 from 1-4 pm ET and open to register until August 13, 2025.   Register here: https://lnkd.in/e7JQfc3T

Global Governance Advisors partnered with the The Globe and Mail once again this year to review the compensation for #CEOs at the 100 largest companies in Canada on the S&P/TSX Composite Index for 2024. Given the strong performance of the S&P/TSX Composite Index in 2024, this was correlated with higher CEO pay with the median CEO awarded over $10.3 million in compensation, a 19.6% increase from 2023.   While this increase was due to many factors, one factor was CEOs beating the performance targets set for them by their boards, with the average CEO receiving a short-term incentive payout that was 55% above their target award. Global Governance Advisors' Managing Partner, Paul Gryglewicz remarked, "We have seen these performance multipliers play out aggressively. The danger zone that boards need to be mindful of is when setting these performance goals for determining whether an executive earns incentive payout or not, are they setting the bar high enough, or are they being too generous. It is always a fine line."   Read full article: https://lnkd.in/g9N4kXjQ