June 30, 2003

"Executive Stock Options: Put 'em to a Vote"

"Exec Stock Options: Put 'Em to a Vote: SEC will require companies to get shareholder approval for stock-option grants. Elsewhere: . . FASB wants quarterly DB reports": David M. Katz for CFO.com reports here. The article discusses how the Securities and Exchange Commission is expected to adopt a rule today requiring all companies whose shares are traded on U.S. stock exchanges to obtain shareholders' approval for executive stock compensation packages.

Posted by B. Janell Grenier at June 30, 2003 11:08 AM