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Equilar Surpasses 1,000 Clients in 2010, Grows 40 Percent

New TSR and CEO Pay Modeler Introduced for 2011

 
PRLog - Feb. 28, 2011 - REDWOOD CITY, Calif. -- Equilar, the leading provider of executive compensation data and research, is proud to announce the company’s significant growth in 2010. In the past year, Equilar’s client base has risen to over 1,000 corporate subscribers, with revenues increasing 40 percent. This success came on the heels of a strong 2009, when the company tallied over 20 percent bookings growth.

2010 was the ten-year-old company's strongest fiscal year yet and marked the introduction of new products that expanded Equilar’s reach. As the Dodd-Frank financial reform bill kept executive compensation in the headlines, Equilar's research was cited in The New York Times, The Wall Street Journal, BusinessWeek, and numerous other publications.

“I’m very grateful to our talented staff for making this goal a reality. It’s a true testament to the individual hard work and dedication that makes us succeed as a team. I’m also grateful to our clients. Without their support, none of this would be possible," said Equilar CEO and Founder David Chun.

Equilar has already kicked off a productive 2011 by introducing the TSR & CEO Pay Modeler (http://www.equilar.com/governance-center/TSR-CEO-pay-mode...). This unique solution allows companies to compare CEO compensation and stock-price performance over one-, three-, and five-year intervals. By viewing their company’s data the same way institutional investors do, firms can head off potential PR issues before they occur.

“The TSR & CEO Pay Modeler has been a great tool for us to monitor our pay for performance results,” said Jennifer Pettinga, Vice President, Global Compensation, Benefits, HRIT, Relocation and Payroll, Dow Chemical.

“Our clients have been asking for help with governance and compliance,” said Brian Sohmers, Vice President, Products and Research, Equilar. “That’s why we made the TSR & CEO Pay Modeler our first initiative for 2011. In an era of mandatory say on pay requirements, analyzing pay-for-performance results is becoming increasingly important.”

For more information on Equilar products and events, please visit http://www.equilar.com.

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About Equilar, Inc. (http://www.equilar.com)

Equilar's award-winning product suite is the gold standard for benchmarking and tracking executive compensation, board compensation, equity grants and award policies and compensation practices. Equilar products and custom research services enable corporations, human capital consulting firms, law firms, investors, individual executives, and the media to accurately compare pay packages across thousands of public companies using SEC and exclusive survey data. Equilar research is cited frequently by Bloomberg, BusinessWeek, Reuters, The New York Times, The Wall Street Journal and other leading media outlets. Equilar (Redwood City, CA) was recognized recently as one of the fastest-growing private companies in America by Deloitte, Inc., and the Silicon Valley Business Journal.

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Source:Equilar, Inc.
Zip:94065
Location:Redwood City - California - United States
Industry:Business, Human resources, Technology
Tags:executive compensation, equilar, TSR and CEO pay modeler, ceo pay, CEO compensation
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