Tag:

Compensation Committees

Latest Headlines

Latest Headlines

Evaluating Dodd-Frank "say on pay" requirement

Recall that the Dodd-Frank Act required public companies to hold say on pay votes on compensation packages of the top executives and golden parachutes. These votes, while non-binding, generated a lot of criticism as well as support, as boards complied with the rule, which go into effect for th

Dodd-Frank director changes about to hit

One of the Dodd Frank rules set to take effect in July involves the independence of compensation committee members and their consultants. The SEC, per the law, has come forward with a proposal that would require exchange SROs to adopt listing standards that essentially require independent members

CEO to employee pay ratio sparks controversy

We're starting to hear a lot more about Section 953(b) of the Dodd-Frank Act, which requires public companies to disclose in proxy statements the ratio of the median pay of all employees to the total pay of the CEO. The goal was to make pay information more transparent and thus hold compensation c

Dodd-Frank and the compensation committee

On the surface, it looks like the Dodd-Frank financial reform law ( financial reform news) is a watershed moment in the effort to better disclose and force some accountability on compensation issues. Some have suggested the law will transform compensation committees in the same way that Sar

Financial reform to impact corporate governance

Sarbanes-Oxley ( Sarbanes-Oxley news) has been interpreted by some as a definitive move toward the federal government having more influence over corporate governance. Some find that troubling. Others say it is necessary. In any case, it's fair to say that the financial reform bill that just mig

Fed gets pay offensive in gear

The Federal Reserve Board summoned the CEO of 28 top banks and gave them Feb. 1 deadline for submitting proposals about how they intend to better their pay practices, which have been excoriated as of late. William Dudley, president of the New York Fed, called the industry big-wigs to an extrao

More ideas on executive pay

We're seeing a lot of new executive pay ideas being floated, as more boards grapple with the likelihood of new laws and more intense scrutiny by boards. Already, Wall Street firms are making some