Trends and Developments on Executive Compensation: A Comprehensive Guide to Avoid Potential Threats
Various issues have continuously affected the executive compensation landscape and impacts of COVID-19 has also added to these concerns. Because some businesses were not well-prepared to withstand the pandemic’s fallouts, the immediate response left for them to alleviate cash flow difficulties is to implement several cost-cutting measures. However, they must also become aware of the different gray areas concerning these steps. Thus, being up to date with the current and emerging legal trends is essential.
Join a panel of key thought leaders and professionals assembled by The Knowledge Group as they delve into an in-depth discussion of the issues and challenges arising in executive compensation. Speakers will also tackle the best strategies to immediately recognize potential risk issues, as well as mitigate damages and employment liabilities.
In a LIVE Webcast, the speakers will discuss:
- Executive Pay: Significant Trends and Developments
- COVID-19 Impacts and Issues
- Legal and Compliance Considerations
- Employment Agreements and Liabilities
- Cost-Cutting Measures
- Practical Tips and Strategies
- What Lies Ahead
Miguel Eaton, Practice Leader
- COVID and its Impact on Executive Pay
- Target Bonuses
- Issues on Board Level
Simona Mola, Senior Manager
- Overview of the SEC’s activity in the space of executive compensation disclosure requirements
- Past: The Dodd-Frank Act-mandated rules with focus on the implementation of the pay ratio rule and emerging practices
- Present: New regulatory developments and recent enforcement actions in the space
- What is next, especially in light of Covid-19?
Rami Glatt, Principal
SEMLER BROSSY CONSULTING GROUP LLC
- Intention is cover items that companies will want to be aware of and thoughtful about in avoiding potential external issues in the upcoming proxy season. Will include, but may not be limited to the following:
- COVID pay considerations (e.g., thinking through potential discretionary pay actions for incentive plans)
- Non-COVID items that proxy advisors have recently provided updated guidance on (e.g., this past year, ISS has reinforced that companies should avoid deviating from contractual agreements when providing severance payments)
- Broader governance trends (e.g., ESG and Diversity & Inclusion, where companies are being asked to increase their level of disclosure)
- Will exclude broader trend updates such as the SEC’s new rules on proxy advisors (since these items, while informative, don’t really present a “threat” for companies to avoid)
Who Should Attend:
- Employee Benefits Consultants and Lawyers
- Labor and Employment Lawyers
- Human Resource Executives
- Human Resource Managers
- Executive Compensation Lawyers
- Top Level Management
- In-house Counsel
Miguel Eaton guides clients through complex employee benefits issues that present significant business challenges. Miguel began his career litigating ERISA and other issues and grew his practice to include counseling on benefits issues in M&A and cyber, executive compensation, and litigating benefits issues in bankruptcy. He co-chairs the Employee Benefits & Executive Compensation Practice.
A significant portion of Miguel's practice involves multiemployer plans, including counseling employers, litigating withdrawal liability, and advising on M&A matters. He also advises benefit committees regarding participants' claims. Miguel's litigation experience includes defending ERISA class actions and companies being investigated by the Departments of Labor and/or Justice.
Miguel Eaton guides clients through complex employee benefits issues that present significant business challenges. Miguel began his career litigating ERISA …
Rami has ten years of executive and board compensation consulting experience. He works across a variety of industries, with depth of expertise in Real Estate, Industrials, as well as private-to-public transitions. Rami serves as Semler Brossy’s lead liaison and technical expert on ISS and Glass Lewis.
Rami brings experience across a broad range of compensation issues, including:
- Annual and long-term incentive plan design and goal setting
- Pay-for-performance assessments
- Peer group development
- Compensation benchmarking
- Equity dilution, run rates, and plan authorizations
- CD&A design
- Say on Pay support
- Shareholder outreach campaigns
Previously, Rami was at Mercer Consulting, where he worked with management and boards of directors across a variety of industries to help design and assess compensation programs.
Rami has ten years of executive and board compensation consulting experience. He works across a variety of industries, with depth …
Simona Mola is a Senior Manager at Cornerstone Research, where she conducts financial and economic analyses in complex commercial litigation and regulatory proceedings.
Dr. Mola has nearly two decades of experience in consulting, government, and academia. She served as Assistant Director and Senior Policy Advisor in the Division of Economic and Risk Analysis (DERA) at the U.S. Securities and Exchange Commission (SEC). At DERA, she led and developed numerous economic analyses for high-profile rulemakings, including executive compensation rules mandated by the Dodd-Frank Act such as pay ratio, pay-for-performance disclosure obligations, clawback of erroneously awarded compensation, and incentive-based compensation at financial institutions.
Before joining the SEC, Dr. Mola was an assistant professor of finance at Arizona State University. Her research has been published in the Accounting Review, the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, and the Journal of Behavioral Finance. Dr. Mola regularly presents at domestic and international conferences, and has been honored with two best paper awards. In addition, she has expertise with economic issues involving cryptocurrency, initial coin offerings (ICOs), blockchain use cases, and token economies.
Simona Mola is a Senior Manager at Cornerstone Research, where she conducts financial and economic analyses in complex commercial litigation …
Print and review course materials
Method of Presentation:
General knowledge in executive compensation
NY Category of CLE Credit:
Areas of Professional Practice
Unlock All The Knowledge and Credit You Need
Leading Provider of Online Continuing Education
It's As Easy as 1, 2, 3
Get Your 1-Year All Access Pass For Only $199
About Jones Day
About SEMLER BROSSY CONSULTING GROUP LLC
Semler Brossy is a leading independent executive compensation consulting firm. We serve a broad cross-section of companies across industries, from the largest global corporations to smaller, privately held firms. We partner with Compensation Committees and management teams to develop and apply compensation solutions to support corporate strategy and ensure sound governance. Clients trust our experience and foresight to help them turn Complexity into Clarity in compensation and governance. www.semlerbrossy.com
About Cornerstone Research
For more than thirty years, Cornerstone Research staff have provided economic and financial analysis in all phases of commercial litigation and regulatory proceedings.
We work with a broad network of testifying experts, including prominent faculty and industry practitioners, in a distinctive collaboration. Our staff consultants contribute expertise in economics, finance, accounting, and marketing, as well as business acumen, familiarity with the litigation process, and a commitment to produce outstanding results. The experts with whom we work bring the specialized expertise of researchers or practitioners required to meet the demands of each assignment.