The Deal: In executive compensation rule, SEC ducks

The Deal: In executive compensation rule, SEC ducks

June 21 2012

by Ira Teinowitz
The Deal

Excerpt:
Compensation consultant Steven C. Root, managing director of Steven Hall & Partners LLC, praised the SEC for leaving compensation to compensation committees and exchanges.

“What we originally didn’t know was how much of this would mandate,” he said. He suggested the agency took a wise course in saying criteria had to be considered but leaving implementation up to the committee and board.

http://www.thedeal.com/content/regulatory/in-executive-compensation-rule-sec-ducks.php