On April 29, the SEC proposed rules that would require most publicly traded companies to describe in detail the relationship between their financial performance and executive compensation actually paid.
HIGHLIGHTS -
The rules, which were designed to comply with the Dodd-Frank Act, would require securities issuers to use a new table for disclosure of:
- Executive compensation actually paid to the principal executive officer, as well as the average compensation paid to other “named executive officers,” with specified adjustments for pension benefits and equity awards.
Please see full publication below for more information.