The comp committee perspective is the missing piece here. Most boards still approve time-based vesting because it is simple to model and simple to explain to shareholders. Milestone structures require the board to define what success actually looks like before the hire starts, and that conversation exposes how few boards have done the strategic work to know.
The comp committee perspective is the missing piece here. Most boards still approve time-based vesting because it is simple to model and simple to explain to shareholders. Milestone structures require the board to define what success actually looks like before the hire starts, and that conversation exposes how few boards have done the strategic work to know.
Agree. Stay tuned. You’re spot on.