Long-term Incentives a Bigger Part of CEO Paychecks.

• Position: BOARD BOOK: WHAT'S ON THE AGENDA?

Short- and long-term incentives grew by 7.5% in 2018, with long-term incentive (LTI) use reflecting the trend toward more performance shares and 4 fewer stock options. Some other key findings:

* Median LTI values granted to CEOs in 2018 were just over $8.4 million, reflecting a 7.5% median increase over the prior year.

* Shares with vesting tied to performance metrics continue to be the most utilized LTI vehicle among the S&P 500 with prevalence increasing to 92% of the sample in 2018 compared to...