GGA’s Arden Dalik Speaks on Executive Pay with BC’s Top Public Firms

by | May 11, 2015 | Executive Compensation, Governance, Media, Mining

Arden Dalik, GGA’s Managing Partner for Western Canada provided her expert perspective and commentary on executive compensation to Business In Vancouver reporter Nelson Bennett. Bennett’s piece focused on BC’s top publicly traded companies and the linkage – or lack of it – between share prices, profits and executive compensation this year.

Dalik explained the context for some of the higher earnings among CEOs in the mining sector:

“To hold those people through this long investment period is a real challenge, and the market views it that way,” Dalik said. “‘Are we at risk?’ is a question they have to ask of losing that person. They have to weigh that because … these questions are going to come up: ‘How is it going to look to shareholders? Well, it’s going to look worse if we lose them – and he’s a key resource going out the door.’”

If shareholders think mining company CEOs are overpaid, they should take a look at what Hollywood pays the CEOs of film and TV companies. David Zaslav, CEO of Discovery Channel, received US$156 million in 2014. His pay was skewed by a long-term contract signing bonus. He made US$33 million in 2013.

“What we call the talent industry – the athletes and Hollywood – they are unique industries unto themselves, so you really cannot compare them to anyone else,” Dalik said. “It’s just its own market unto itself.”

You can read the full piece with Dalik’s commentary here.

GGA’s Arden Dalik featured in Financial Post on Executive Compensation in “The Oilpatch”

by | Apr 2, 2015 | Executive Compensation, Governance, Media

GGA’s Managing Partner for Western Canada Arden Dalik spoke to the Financial Post’s Yadullah Hussain about the effects of the economic downturn in the oil and gas sector with regard to C suite compensation.

“The downturn is where a C-suite’s true mettle will come in — were you just a positive and upmarket CEO and CFO, or were you really able to deliver value when the chips were down?” said Arden in an exclusive interview. “We will see a bit of house-cleaning.”

You can read the full piece from the Post here.

GGA and the Miami Herald Partner on First Annual Survey of the 25 Wealthiest South Floridians

by | Oct 13, 2014 | Executive Compensation, GGA News, Survey

For their second partnership of this year, GGA and the Miami Herald have come together to provide the authoritative survey of the top 25 South Floridians, providing an invaluable perspective on the region’s economic development, with insights on growth potential in fields ranging from investment management and information technology to television broadcasting and energy exploration.

You can read the Herald feature piece on the survey, with commentary from GGA’s Miami-based Senior Partner Luis Navas here.

The photo gallery of the top 25 wealthiest South Floridians can be found here.

Luis Navas was also a featured interviewee on the survey, along with the Miami Herald’s business editor Jane Wooldridge, on the WLRN radio show “The Sunshine Economy” with Tom Hudson. You can listen to the episode here, as you read the feature piece with helpful infographics on the WLRN page.