Jury is still out on the impact of the compensation rule. Year two of the Securities and Exchange Commission’s pay-versus-performance disclosure is in the books for most public companies, but how the data will be used remains to be seen. Even so, next year, companies will need to provide much more expansive disclosures under the…
Chip maker Broadcom gave Hock Tan, its chief executive, a $161 million stock award, instantly landing him among the highest-paid CEOs. His payday could end up being even bigger, thanks to a surge in the company’s share price. Lately, the market has valued the underlying shares at roughly $1.3 billion. The gains are revealed in…
The SEC has revisited its pay-versus-performance disclosure rule with a fresh batch of question-and-answer guidance about various technical aspects of the one-year old rule. The guidance, in the form of nine compliance and disclosure interpretations (CD&Is), generally addresses how companies should treat valuation issues and metrics for the purposes of calculating figures in the disclosure…
Nearly two-thirds of chief executives at S&P 500 firms earled less in 2022 than they were originally awarded, according to new data. …According to the Wall Street Journal, which analyzed data tabulated by public company intelligence provider MyLogIQ, while the lion’s share of S&P 500 CEOs lost money from when their pay was issued last…