SW Benefits Update: COVID-19 and Public Company Executive Compensation Programs
March 19, 2020
By Greg Gautam
The spread of COVID-19 is having an unimaginable impact on all facets of life, including our economy. While executive compensation programs might not be the most pressing issue facing corporate boards, volatility in the stock market, slowing supply chains, closed retail stores and restaurants, and the inevitable staff and expense reductions facing certain industries will undoubtedly have an impact on executive compensation programs and designs. Although the situation is unfolding rapidly, the following newsletter offers some observations to help management and corporate boards navigate what looks to be a challenging 2020.
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The material in this newsletter may not be reproduced, distributed, transmitted, cached or otherwise used, except with the written permission of Snell & Wilmer.