The Center On Executive Compensation submitted extensive comments to the six agencies charged with collectively implementing Dodd-Frank Section 956, which imposes significant restrictions on incentive plan designs for select financial services companies, making a strong case that a final rule should focus more narrowly on actual risk potential and warning of the dire recruitment and retention consequences which would result from the proposal.
Center On Executive Compensation CEO Tim Bartl testified this week before Congress in support of legislation requiring proxy advisory firms to register with the SEC and address conflicts of interest, stating that "where the Commission has provided effective oversight, it has had a substantial impact on proxy advisory firm diligence and conduct."
Over the past month or so, several different outlets have published widely varying reports on the growth of CEO pay. Has it gone up or down? Depends on who you ask.
Lobbying and Political Spending Disclosure Shareholder proposals remain the most popular ESG proposal among S&P 500 companies.
Since 2010 there have been only 15 pay ratio related shareholder proposals. These proposals have averaged over 93% shareholder opposition with no single proposal receiving over 10% support.