Short Takes

CEO Employment Agreement Practices   | Steven Hall & Partners recently reviewed CEO employment and post-termination agreements among the 200 largest companies in the United States based on annual revenues (“Top 200”). While some have predicted that employment agreements for CEOs will fade away due to ever increasing corporate governance standards, [read more]

2017 Say on Pay Voting Results   | As of December 31, 2017: 3,079 companies have held Say on Pay Votes in 2017 Average vote 91% For 8% Against 1% Abstain 74% of companies received greater than 90% "For" votes 38 companies have failed Also see: 2017 Say on Frequency Voting Results Companies [read more]

2017 Say on Frequency Vote Results   | 2017 represents the second time most companies are required to include a Say on Frequency vote in proxy statements. As of December 31, 2017: 2,237 companies have held Say on Frequency votes in 2017 Companies and shareholders have overwhelmingly been in favor of an annual [read more]

Companies that failed Say on Pay in 2017   | 38 companies have failed with an average 61% ‘Against’ vote

Section 162(m) FAQs – Tax Cuts and Jobs Act   | **Updated December 22, 2017** Below are some questions and answers regarding how the final Tax Cuts and Jobs Act, passed by both houses of Congress, will alter the landscape of Code Section 162(m), the $1 million annual cap on deductibility of executive compensation.  The tax [read more]