As attention focused this week on confirmation hearings for several cabinet nominees, the Center released a blog post stating that executives and company directors should be encouraged to serve in the government by developing transition arrangements "that address potential conflicts of interest while also addressing, in a fair and appropriate way, the longer term nature of executive and director compensation."
President-Elect Donald Trump announced the nomination of Sullivan & Cromwell attorney Walter "Jay" Clayton as the next Chair of the SEC. A corporate transactions and securities attorney, Mr. Clayton's nomination fits into the mold of other major Trump Cabinet position nominees - non-politicians with extensive business experience.
The Center On Executive Compensation submitted comments to the SEC regarding the agency’s review of the executive compensation disclosure regime and recommended changes to the Summary Compensation Table to help streamline disclosures in the near-term and a ultimately comprehensive review of the entire executive compensation disclosure regime.
In 2015, no company with Summary Compensation Table CEO Pay which was less than $15M failed their Say on Pay vote.
In 2010, the Securities and Exchange Commission issued a Concept Release on the U.S. Proxy Plumbing System which included an discussion on the conflicts of interest inherent in the proxy advisory firm industry.