In the wake of the recent market turmoil, there has been much finger pointing as politicians, the media, business leaders, and the general public have tried to determine a root cause for the greatest financial crisis in recent memory. As part of the collective public discussion on the economic events that have transpired over the past two years, there has been much ado about executive compensation practices, which have been perceived by many as a primary contributor to the predicament in which many financial institutions and other troubled companies have found themselves.
Posts Tagged ‘compensation committees’
Newsfeeds
Boards Face Expanded Responsibilities
Published in The Wall Street Journal September 21, 2009 by Joann S. Lublin
The Federal Reserve’s new push to regulate pay at U.S. banks will make things more difficult for boards and their compensation committees, already under fire for controversial pay practices.
Newsfeeds
Executive Compensation Reform White Paper Issued by Pillsbury
From PRN News Wire September 17, 2009
National law firm Pillsbury today issued a White Paper, “Executive Pay Reform Poses Complex Risks for Compensation Committees,” which explores issues facing compensation committees under the proposed Corporate and Financial Institutional Fairness Act of 2009 (the Act) and other reforms.
Link to full article.