Corporate governance solutions provider Institutional Shareholder Services (ISS) has acquired Incentive Lab, a data and analytics vendor developing products aimed at addressing the increased complexity and unpredictability of executive compensation, according to a company statement.
Established in 2009 and based out of Scottsdale, Ariz., Incentive Lab’s solutions offer detailed and comparable data on incentive awards, performance metrics, goals and structures, and “a host of other data such as vesting schedules and performance periods,” according to the statement.
Incentive Lab’s programs then use that data to value and benchmark performance-based compensation, assess the rigor of performance targets and understand how changes in plan design might affect award outcomes, officials say.
“This acquisition is in keeping with our commitment to clients to expand product offerings and provide innovative solutions that will improve investment decision-making while mitigating portfolio governance risk,” says Gary Retelny, ISS president and CEO, in a statement. “The breadth and depth of Incentive Lab’s compensation data, coupled with its proprietary approach to measuring the efficacy of the link between pay and performance, will be a powerful tool for ISS’ institutional investor clients as well as for the corporate clients of ISS’ ICS subsidiary.”
ISS will continue to maintain Incentive Lab’s operations in Scottsdale, and will integrate the firm’s solutions into its research, data, and analytical tools, officials add.
Need a Reprint?
Leave a Reply