A.J. Kess and Yafit Cohn Co-Author Article in Law360 on the SEC’s Proposed Pay-Versus-Performance Rule
05.15.15
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Corporate Partner A.J. Kess and Corporate Associate Yafit Cohn published an article in Law360 titled “A Close Look At The New Pay-Versus-Performance Rule.” The article discusses the SEC’s new proposed rules to implement the Dodd-Frank Act requirement that issuers disclose in any annual proxy or consent solicitation the relationship between executive compensation actually paid and the financial performance of the issuer, “taking into account any change in the value of the shares of stock and dividends of the registrant and any distributions.” In the SEC’s view, this disclosure requirement is “intended to provide shareholders with information that will help them assess a registrant’s executive compensation when they are exercising their rights to cast advisory votes on executive compensation.” Executive Compensation and Employee Benefits Partners Greg Grogan, Larry Moss, Brian Robbins, David Rubinsky and Tristan Brown assisted in writing this article.
Click here to read the full article.