Investor Presentaiton
Executive Compensation Programs Have Been Poorly Designed
Single, Absolute Metric
Use of an absolute performance condition as
sole metric for the LTIP is inappropriate
May largely reflect economic factors outside
the control of executives
One-Off Awards
GME granted certain NEOs supplemental
awards outside normal incentive plans
Awards may undermine the relationship
between performance and pay
ola
•
Excessive Severance Payments
Provided excessive payments to
outgoing executives unrelated to
change-of-control situations
MY
PROPOSAL
Measure performance with a mix
of absolute and relative measures
PROPOSAL
Redesign incentive programs to
provide appropriate incentives
PROPOSAL
Eliminate payments that are
unrelated to company performance
restore
GameStop
Source: Glass Lewis 2019 Report.
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