Client Alerts

SEC Finalizes Rules for Listing Standards for Compensation Committees as Required Under Dodd-Frank Act | On June 20, 2012, the Securities and Exchange Commission approved new rules concerning the listing requirements for Compensation Committees, as required under Section 952 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The final rule is little changed from the proposed [read more]

NY Proposes Limits on Non-Profit Executive Compensation | Much like the recent focus on compensation paid to executives at public companies, increasingly, press reports focus on and critique all facets of executive pay at non-profit organizations. Public outcry and donor sentiment have also led some regulators, including the State of New York, to attempt to curb executive compensation levels at non-profits. [read more]

ISS Releases GRId 2.0 | ISS recently released transition information and a technical document related to the launch of its newly revised governance product, Governance Risk Indicators 2.0 (“GRId 2.0”). The Compensation category has been significantly modified to incorporate ISS’ recently announced principles for evaluating the alignment of pay and [read more]

ISS Publishes “Evaluating Pay for Performance Alignment” White Paper | Last week, ISS published a white paper detailing its new pay-for-performance methodology. As in the past, a “significant misalignment” between pay and company performance may cause ISS to vote against a company’s Say on Pay vote. The new methodology is effective for Annual Meetings on [read more]

ISS Releases 2012 Proxy Voting Guidelines | Last week, ISS released the 2012 U.S. corporate governance policy updates to its benchmark proxy voting guidelines. These policy changes are effective for Annual Meetings on or after February 1, 2012. While the conceptual framework has been provided, complete details will not be available until [read more]

Our Thinking Sub Nav