This week, the Center On Executive Compensation and Equilar announced a new online tool developed by the Center for assessing the prevalence of executive incentive plan metrics and their correlation with long-term shareholder value.
The House of Representatives approved the Financial CHOICE Act of 2017, which includes the HR Policy Association-supported repeal of the Dodd-Frank pay ratio as well as a comprehensive regulatory structure for proxy advisory firms, by a 233-186 vote largely along party lines.
Former Sullivan & Cromwell partner Jay Clayton was confirmed by the Senate to become the 32d Chairman of the Securities and Exchange Commission with a bipartisan 61 to 37 vote.
In 2015, no company with Summary Compensation Table CEO Pay which was less than $15M failed their Say on Pay vote.
In 2015, 85% of S&P 500 companies received a "For" recommendation from ISS for their Say on Pay proposal for a second consecutive year.