The SEC and Treasury on Executive Compensation Practices

TheCorporateCounsel.net Blog has a good summary here of the SEC's and Treasury's proposed changes to the executive compensation arena. Also, Gene Sperling, Counselor to the Secretary of the Treausry, made the following statement: . . . [T]here is substantial evidence…

TheCorporateCounsel.net Blog has a good summary here of the SEC’s and Treasury’s proposed changes to the executive compensation arena.

Also, Gene Sperling, Counselor to the Secretary of the Treausry, made the following statement:

. . . [T]here is substantial evidence that “firms use retirement benefits to provide executives with substantial amounts of `stealth compensation‘ — compensation not transparent to shareholders that is largely decoupled from performance.”

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