July 31, 2017 Thoughtful Disclosure Alerts
The CEO Pay Ratio Disclosure Requirement – Time to Get Started
Download a pdf of this article » STARTING IN 2018, public companies will be required to disclose in their annual report on Form 10-K, definitive proxy statement, and certain other SEC filings the ratio of the annual total compensation of their Chief Executive Officer to the median of the annual total compensation of their other employees (the “Pay Ratio Rule”). This initial disclosure will be...Read MoreMay 8, 2017 Thoughtful Disclosure Alerts
With CEO Pay Ratio Effective Date Looming, There’s No Relief in Sight
As we mark the beginning of May, the January 1, 2018 effective date of the CEO pay ratio disclosure requirement is now only eight months away. Notwithstanding predictions following last November’s presidential election that this disclosure requirement would be quickly repealed, there has yet to be any action taken that would alter the looming effective date. Here’s where things stand as of May...Read MoreOctober 28, 2016 Thoughtful Disclosure Alerts
SEC Staff Issues Guidance on CEO Pay Ratio Disclosure Rules
On October 18, 2016, the Staff of the Securities and Exchange Commission’s Division of Corporation Finance published guidance on Item 402(u) of Regulation S-K, the rule it adopted in 2015 to implement Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 953(b) requires public companies to disclose the relationship between the annual total compensation of...Read MoreJuly 6, 2016 Thoughtful Disclosure Alerts
Disclosing Personal Security Arrangements
In recent years, the confluence of a growing global economy and turbulent geopolitical events has led many companies to provide extensive security arrangements for their executives. And while most organizations firmly believe that these arrangements serve a legitimate corporate purpose – ensuring the safety of their key decision-makers and their families, the SEC considers these expenditures...Read MoreJanuary 13, 2016 Thoughtful Disclosure Alerts