JV Alchemist Editorial Team

This report provides highlights of the results of the 2010 Study of Executive Compensation in Joint Ventures, a ground-breaking research initiative co-sponsored by Water Street Partners and Towers Watson.

We collected data and conducted interviews related to JV company pay practices and individual JV executive pay levels across several dozen JVs.

To baseline current state of JV practices against the CalPERS JV Governance Guidelines in order to
understand the degree to which JVs are operating under best practice standards. To understand which Guidelines correlate most to strong JV performance (financial, operational, strategic) in order to help JVs prioritize Guideline adoption efforts.To provide a comparison point for individual JVs who
wish to assess compliance against the Guidelines

The purpose of this article is to compare secondee practices across JV-experienced global companies, primarily in asset intensive commodity businesses, across secondee selection, management, compensation, cost allocation and incentives. We also provide a basis to inform how to structure new JV personnel arrangements and to make adjustments to existing venture secondee policies.

How effective on average is (are) the JV Board(s) you work on or with, either in a direct or indirect capacity?

This document analyzes JV Executive compensation practices related to Secondee Compensation. It provides a basis to compare approaches and practices.

Highlight overall trends in types of performance metrics being tracked by JVs.

This benchmarking study provides a basis for JV CEOs to compare approaches and practices, and where possible, to understand which approaches are linked to better venture performance.

This document analyzes where JV CEOs go and how that differs based on where they came from, and highlight differences based on venture type and CEO tenure. The document also illustrates interesting CEO
transitions in some JVs.