'Say On Pay' sends message

more+
less-

Since Jan. 21, many public companies have started feeling yet another impact from last year's enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Annual public company shareholder meetings must now include nonbinding shareholder votes on "Say on Pay" and "Say on Frequency."

"Say on Pay" allows the shareholder of public companies a vote on whether to approve or disapprove a company's compensation of its management. "Say on Frequency" allows the shareholders of public companies a vote on how frequently they would like to revisit the issue - every three years, every two years of every year.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Lane Powell PC | Attorney Advertising

Written by:

more+
less-

Lane Powell PC on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×