Although the vast majority of companies (more than 90% of the S&P 500) have clawback policies in place, most boards have taken a minimalist approach until the SEC issues final rules under Dodd-Frank.
However, over the last several years, the environment for executive compensation has continued to evolve. And 2018 saw a number of high-profile scandals and C-suite departures for misconduct – in some cases without established mechanisms for the recoupment of pay.
Join Corporate Board Member, Semler Brossy and Latham & Watkins for a discussion on the various market forces shaping compensation clawback policies, including:
Webinar highlights include:
Glass Lewis’s revised approach for evaluating issuers’ clawback policies in the 2019 proxy season
Institutional investors’ proactive role in shaping the governance of pay, including substantial changes to definitions of when pay should be recouped
The SEC’s expected movement on the outstanding Dodd-Frank clawback rule
Leading-edge clawback philosophies and policies being implemented by companies in the wake of 2018 scandals.