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More Disclosure Requirements Coming for Executive Compensation
Treasury & Risk
Aug. 2, 2012 "In a move that further weakens executives' influence over the setting of their compensation, public companies will soon face new requirements that they disclose any conflicts of interest involving their compensation consultants in their proxy statements.... Robin Ferracone, CEO of the executive compensation consultancy Farient Advisors, says the new standards are no surprise. 'The SEC didn't depart much from what the Dodd-Frank Financial Reform Act called for so my sense is that most of this has already been taken into account by public company boards.'" MORE >> |
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