Community Corner

The Latest on Compensation and Governance Matters, SEC Alert for Equilar Clients 

 

Equilar’s SEC Alert is intended to keep compensation professionals informed about recent decisions and upcoming releases regarding compensation- and governance-related issues.

Recent SEC Decisions Related to Dodd-Frank

§951: Final Say-on-Pay Rules – January 25, 2011 Advisory Vote on Compensation: Companies

will be required to provide shareholders with a non-binding advisory vote on executive compensation at least once every three years, beginning with the first annual meeting on or after Jan. 21, 2011. Companies with a public float below $75 million will not be required to hold a vote until Jan. 21, 2013.

Frequency: At least once every six years, companies will be required to allow shareholders to vote on whether they would like to hold a say-on- pay vote each year, every two years, or every three years.

 

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