Employee Benefits Blog

Say on Pay Failure Results 2017

Of the 7% of Russell 3000 companies that received “against” vote recommendations from ISS on their say on pay proposals this 2017 proxy season, some of the cited reasons for the negative vote recommendations from ISS consisted of the following: Pay for failure (i.e., pay for performance disconnect). Lack of rigorous performance goals. A substantial […]

August 21, 2017 | 1 min read | Tagged: corporate governance, governance, ISS, performance, problematic pay practice, proxy, Say on Pay, severance payments

Greg Gautam Partner

“Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs” – House Passes Financial Reform Bill

On June 8, the House of Representatives passed the Financial CHOICE Act of 2017 in a bid to reform the financial regulatory system created by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The bill, which passed the chamber on a vote of 233 to 186, has received support from the Trump Administration but […]

June 14, 2017 | 2 min read | Tagged: bill, choice, clawback, Consumer Financial Protection Bureau, corporate governance, Executive Compensation, Financial Choice act, House, Say on Pay, Senate, Volcker Rule

Matthew P. Chiarello Partner