While it may seem like ages ago, public companies are still waiting for the SEC to finalize proposed rules on two Dodd-Frank mandates around compensation: (1) the mandatory clawback and disclosure requirement and (2) the pay for performance disclosure. Recent SEC activity suggests changes are possible to the originally proposed rules. What can boards and compensation committees expect for the future?
In this episode, Don Kalfen, Partner with Meridian Compensation Partners, outlines the proposed rules, the SEC’s actions and the implications for boards:
- What changes can we expect the SEC to make around the proposed rules—and when can we expect to see them finalized?
- What actions, if any, should boards consider in light of these two mandates?