Employers reacted in a variety of ways to cope with the unprecedented financial impact of COVID-19. Many of the initial executive compensation responses were designed as cost-cutting measures that would ease cash flow burdens...more
6/3/2020
/ Board of Directors ,
Compensation & Benefits ,
Coronavirus/COVID-19 ,
Employment Contract ,
Executive Compensation ,
Hiring & Firing ,
Layoffs ,
Restrictive Covenants ,
Salaried Employees ,
Securities Exchange Act ,
Succession Planning ,
WARN Act
Earlier this month, in In re Investors Bancorp, Inc. Stockholders Litigation, the Delaware Court of Chancery reiterated its view that placing a meaningful limit on director equity awards to be granted under a stockholder...more
Last month, consistent with their obligation under the Dodd-Frank Act, several federal agencies released for comment a joint proposed rule that would prohibit any incentive compensation that encourages inappropriate risk...more
6/6/2016
/ Board of Directors ,
Clawbacks ,
Corporate Governance ,
Covered Financial Institutions ,
Dodd-Frank ,
Financial Institutions ,
Forfeiture ,
Incentive Compensation ,
Proposed Regulation ,
Recordkeeping Requirements ,
Risk Management