Equilar

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Equilar, Inc.
Type Privately Held
Industry

Business Information, Corporate Governance, Executive and

Director Compensation Benchmarking
Founded 2000
Headquarters Redwood City, California, USA
Key people Founder & CEO: David Chun
Products Equilar Insight, Equilar Atlas
Website www.equilar.com

Equilar is a California-based, privately held company that provides information about total executive compensation packages of the top officers at publicly traded companies and nonprofit organizations.

Equilar's research is frequently cited in Bloomberg, BusinessWeek,[1] The New York Times,[2] Financial Times,[3] The Wall Street Journal[4] and other media publications.

Equilar has been recognized as one of the fastest-growing private companies in America by Deloitte,[5] Inc. magazine[6] and the Silicon Valley Business Journal[7]

History[edit]

Founded in 2000 by CEO David Chun, Equilar maintains an information database of the total compensation—base salary, short-term incentives (bonuses), long-term incentive plans (LTIP), employee benefits, perquisites (perks), and compensation protection (Golden parachutes) — of over 20,000 executives of public companies that disclose with the US Securities and Exchange Commission.

In 2011, Equilar launched Equilar Atlas,[8] an online tool that allows nonprofit organizations, executive and board recruiters, wealth managers and businesses to reach out to high-net-worth corporate executives. Equilar Atlas gives subscribers the ability to map out networking pathways to these individuals as well as track real-time wealth events to ensure a meaningful and well-timed approach.

In early 2012, Equilar expanded its reach to the nonprofit sector through the release of Nonprofit Insight. Nonprofit Insight provides nonprofit organizations with executive and senior officer compensation data for benchmarking purposes. A few of the first users include the American Heart Association, Inova Health System, and the American Society of Clinical Oncology[9]

Company Timeline[edit]

2000 Equilar is founded by David Chun
2002 Equilar Insight wins Human Resources Executive’s 2002 Top HR Products Contest[10]
September 2009 Hosts the first Executive Compensation Symposium [11]
February 2011 Releases TSR & CEO Pay Modeler for Equilar Insight[12]
September 2011 EquilarAtlas is launched[13]
October 2011 Founder and CEO, David Chun, is named to the 2011 National Association of Corporate Directors’ (NACD) Directorship 100[14]
October 2011 The Silicon Valley Business Journal recognizes Equilar as one of Silicon Valley’s 51 fastest-growing privately held companies of 2011[15]
January 2012 Equilar's Pay-For-Performance Analytics suite is released; the Council of Institutional Investors signs on to be the first client to use the service[16]
January 2012 Insight Nonprofit is unveiled [17]
February 2012 Glass Lewis and Equilar partnership is announced[18]
July 2012 NYSE Euronext partners with Equilar to provide users access to EquilarAtlas data[19]

References[edit]

  1. ^ Margaret Collins. "Deferred Compensation Lets Executives Avoid Caps on 401(k)s". 
  2. ^ Matt Ericson, Alan McLean/The New York Times (2009). "The Pay at the Top". Retrieved 25 July 2009. 
  3. ^ Megan Murphy and Sharlene Goff (14 June 2011). "Bank chiefs’ pay rises by 36%". Retrieved 12 July 2012. 
  4. ^ Cari Tuna/The Wall Street Journal. "CFO Pay Drops as Bonuses Shrink". 
  5. ^ Deloitte Touche Tohmatsu (2008). "2008 Silicon Valley Deloitte Technology Fast 50 Awards". Retrieved 27 July 2009. 
  6. ^ Inc. magazine (2008). "Top 100 Businesses in San Francisco-Oakland-Fremont, CA". Retrieved 27 July 2009. 
  7. ^ Schubarth, Cromwell (31 October 2011), "Fastest-growing Silicon Valley private companies named", Silicon Valley / San Jose Business Journal (San Jose) 
  8. ^ "Equilar Brings Sweeping Changes to the Way Organizations Find, Connect and Do Business with Influential, High Net Worth Executives" (Press release). ITbriefing.net. 27 September 2011. Retrieved 17 July 2012. 
  9. ^ "Equilar Addresses Major Need for Nonprofit Compensation Benchmarking" (Press release). Marketwire. 24 January 2012. Retrieved 17 July 2012. 
  10. ^ "Human Resource Executive Announces 2002 Top HR Products Contest Winners" (Press release). Human Resource Executive Online. 1 December 2002. Retrieved 17 July 2012. 
  11. ^ "Equilar 2009 Executive Compensation Symposium". Retrieved 17 July 2012. 
  12. ^ "Equilar Surpasses 1,000 Clients in 2010, Grows 40 Percent" (Press release). PRLog. 28 February 2011. Retrieved 17 July 2012. 
  13. ^ "Equilar Brings Sweeping Changes to the Way Organizations Find, Connect and Do Business with Influential, High Net Worth Executives" (Press release). ITbriefing.net. 27 September 2011. Retrieved 17 July 2012. 
  14. ^ "Congratulations to the NACD Directorship 100 Hall of Fame, The Class of 2011 and People to Watch!". Retrieved 17 July 2012. 
  15. ^ Schubarth, Cromwell (31 October 2011), "Fastest-growing Silicon Valley private companies named", Silicon Valley / San Jose Business Journal (San Jose) 
  16. ^ "Equilar's New Pay-For-Performance Analytics Provides Unprecedented Insight Into "Say on Pay" Issue" (Press release). Marketwire. 10 January 2012. Retrieved 17 July 2012. 
  17. ^ "Equilar Addresses Major Need for Nonprofit Compensation Benchmarking" (Press release). Marketwire. 24 January 2012. Retrieved 17 July 2012. 
  18. ^ "Glass Lewis And Equilar Partner to Improve Corporate Governance" (Press release). PR Newswire. 9 February 2012. Retrieved 17 July 2012. 
  19. ^ "NYSE Euronext and Equilar Partner to Deliver Powerful C-Suite Networking Solutions to Issuers" (Press release). BusinessWire. 12 July 2012. Retrieved 17 July 2012.