REDWOOD CITY, CA--(Marketwire - Dec 19, 2012) - Equilar, the leader in executive compensation data and research, today announced that it is accepting submissions of updated peer groups to include in its 2013 Equilar Market Peers™ calculations. Equilar Market Peers are used in Equilar's P4P Analysis and Glass Lewis's (Say on Pay) pay-for-performance quantitative analysis.
United States companies in the Russell 3000 Index that plan on filing updated peer groups in their 2013 proxies are now able to update the peer groups on file with Equilar. Equilar's Market Peer Groups are calculated twice yearly, in January and July. Companies have until January 18, 2013 to update their peer groups.
Equilar Market Peers are based on the latest publicly disclosed peer groups of a company. Equilar's comprehensive process creates the most logical peer groups for companies in the Russell 3000. Peer Groups are composed using algorithms proven in the social networking space, which analyze the interconnected networks of peer companies made evident by peer disclosure, and rank the strength of these connections, whether the connection is one-way or reciprocal.
Starting Monday, December 24, 2012, companies wishing to make updates can submit their new peer groups online on Equilar's website. (http://www.equilar.com/peer-research/peer-group-update.php)
For more information please contact Equilar via email at: email@example.com
Equilar is the leading provider of executive compensation and corporate governance data to corporations, nonprofits, consulting firms, institutional investors, and the media. Using its extensive database, Equilar allows clients to accurately benchmark and track executive and board compensation, equity grants, award policies, and compensation practices. Equilar's C-Suite networking application also reveals business networking opportunities by identifying pathways to executives and board members at companies of interest. Equilar's research has been consistently cited by Bloomberg, The New York Times, The Wall Street Journal and other leading media outlets.