say when on pay

Checklist for the Board: How to Respond to a Say When on Pay Vote

Martin Rosenbaum
April 18, 2011 03:50

In the next few weeks, more public companies will hold their annual meetings, which will include the shareholder advisory votes on compensation required under the Dodd-Frank Act. One of these votes allows the shareholders to select the desired frequency of Say-on-Pay votes. Under this frequency...

SEC Issues Proposed Rules on Say-on-Pay and Related Matters

Martin Rosenbaum
October 19, 2010 03:35

The SEC this afternoon issued its proposed rules on Say-on-Pay, Say When on Pay, Say-on-Parachutes and related matters under Section 951 of the Dodd-Frank Act. Here is the proposing release (PDF). The release answers some questions we have been pondering since the adoption of the Dodd-Frank Act...

Corporate Secretaries Group Makes Helpful Observations on Dodd-Frank Act Provisions

Martin Rosenbaum
October 01, 2010 03:58

As public companies prepare for their first proxy season under the Dodd Frank Wall Street Reform and Consumer Protection Act (848-page PDF), I’m fielding many questions about implementation of the compensation and governance provisions of the Act. Unfortunately, given the broad language of...

Should Management Automatically Recommend a Triennial Say-on-Pay Vote?

Martin Rosenbaum
August 12, 2010 21:45

Section 951 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (848-page PDF) requires that any public company, at its first shareholders meeting on or after January 21, 2011, hold a separate vote “to determine whether Say-on-Pay votes will occur every 1, 2 or 3 years”....