When it comes to graphics, there is no better fit for them in the proxy than using them as an alternative to a narrative summary. This can happen in a variety of contexts, but typically either at the forepart of…
One challenge that sometimes happens as part of a company’s drafting process is when the compensation group is working off kilter a little bit from the rest of the drafting team.
The problem arises due to a timing difference. The…
When it comes to graphics, there is no better fit for them in the proxy than using them as an alternative to a narrative summary. This can happen in a variety of contexts, but typically either at the forepart of…
Expectations of directors continue to increase with more topics directly falling under the umbrella of strategy and risk oversight. To demonstrate that the board understands the business and is more engaged than a limited quarterly schedule of meetings might suggest,…
As noted in this report from Labrador, for companies with low say-on-pay votes, it’s important that disclosures related to outreach and responsiveness are easy to locate. Labrador recommends that companies hit the highlights of their responsiveness in the Proxy Summary…
Recently, I asked Freshfields’ Pam Marcogliese, DLA Piper’s Sanjay Shirodkar, and Compensia’s Mark Borges the question of “What is your typical process when drafting disclosure to improve it?” Here’s a summary of their answers from those videos:
Pam Marcogliese starts…
Most shareholders cast their executive compensation advisory vote based on an assessment of pay and performance alignment. Accordingly, in addition to required CD&A disclosures about program objectives and elements, including if material, “specific items of corporate performance ”considered by the…
One of the things that stuck out for me in reading Labrador’s “Transparency Awards Results & Highlights” report is that there was a 25% jump in company’s using visuals or graphics in the “Company Overview” section of their proxy, as…
