The SEC released its final rules to implement the provisions of the Dodd-Frank Act relating to shareholder advisory votes on executive compensation by public companies. The rules also outline the frequency of conducting such votes, as well as disclosure requirements and shareholder advisory votes on compensation arrangements in connection with mergers and certain other significant corporate transactions.
For more information, see Goodwin Procter’s Client Alert: The SEC Has Its Say on “Say on Pay,” “Say on Frequency” and “Say on Golden Parachutes”.
This post was authored by Founders Workbench.