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PBG » Topics » What are the objectives of our executive compensation program?

This excerpt taken from the PBG DEF 14A filed Apr 7, 2009.
What are the objectives of our executive compensation program?
 
The objectives of our executive compensation program are to:
 
  •  Provide a total compensation program that is appropriately competitive within our industry and reinforces our short-term and long-term business objectives by:
 
  n  motivating and rewarding key executives for achieving and exceeding our business objectives;
 
  n  providing financial consequences to key executives for failing to achieve our business objectives; and
 
  n  attracting and retaining key executives through meaningful wealth-creation opportunities;
 
  •  Align the interests of shareholders, the Company and executives by placing particular emphasis on performance-based and equity-based compensation;
 
  •  Maintain a financially responsible program that is appropriate within our financial structure and sensitive to the dilutive impact on shareholders; and
 
  •  Establish and maintain our program in accordance with all applicable laws and regulations, as well as with corporate governance best practices.
 
This excerpt taken from the PBG DEF 14A filed Apr 10, 2008.
What are the objectives of our executive compensation program?
 
The objectives of our executive compensation program are to:
 
  •  Attract, retain and motivate key executives whose performance is critical to the Company’s success by providing a total compensation program that is appropriately competitive within our industry and reinforces our short-term and long-term business objectives by:
 
  n  motivating and rewarding executives for achieving and exceeding our business objectives;
 
  n  providing financial consequences to executives for failing to achieve our business objectives; and


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  n  retaining key performers through meaningful wealth-creation opportunities;
 
  •  Align the interests of shareholders, the Company and executives by placing particular emphasis on performance-based and equity-based compensation;
 
  •  Maintain a financially responsible program that is appropriate within our financial structure and sensitive to the dilutive impact on shareholders; and
 
  •  Establish and maintain our program in accordance with all applicable laws and regulations, as well as with corporate governance best practices.
 

EXCERPTS ON THIS PAGE:

DEF 14A
Apr 7, 2009
DEF 14A
Apr 10, 2008

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