Board of Directors, Director compensation, equity awards, S&P 500 More from: Christine Skizas, Linda Pappas, Olivia Wakefield , Pay Governance Linda Pappas is Principal, Christine Skizas is a Managing Partner, and Olivia Wakefield is a Partner at Pay Governance LLC. This post is based on their Pay Governance memorandum. Related research from the Program on Corporate Governance includes The Perils and Questionable Promise of ESG-Based Compensation (discussed on the Forum here) by Lucian A.