January 2017 L Blast: Deal Lawyer SEC Chair Could Mean Changes for Executive Compensation | ‘Tis the Season for W-2 Scams | New Congress Begins with Total Rewards Issues Keyed Up For Action

Dear All, It’s crazy to think we are already in February and proxy season will soon be upon us. January flew by and was an interesting month with President Trump’s inauguration. Many of us are keenly monitoring the changes taking place during Trump’s initial days in office. One that we find interesting is the nomination… Read more »


Executive Compensation: Analysis of Recent Incentive Financial Goals

“In order to understand the financial performance measures, target goals, performance ranges, and payouts of an annual incentive plan, we analyzed the proxy-disclosed practices of approximately 100 manufacturing and materials companies. We assessed year-over-year (YOY) trends in particular, including the change in target goals relative to actual results and the spread of threshold to maximum… Read more »


Is Your Bank Ready for the CEO Pay Ratio Disclosure?

“Starting with the 2018 proxy statement (covering fiscal year 2017), most public companies will be required to start reporting their CEO pay ratio, that is, the ratio of the CEO’s pay to the median of all other employees’ pay. While it is questionable whether the CEO pay ratio disclosure will be a truly meaningful or… Read more »


2017 Agenda: Priorities for Boards, Audit Committees and Private Companies

“Political swings, global volatility, technology innovations and investor expectations will require deeper board engagement. Drawing on interactions with corporate directors and business leaders as well as insights from its research, the KPMG Board Leadership Center has published three reports highlighting critical issues for corporate board members, audit committee members and private company directors as they… Read more »


Golden Leash Rule, Say-on-Pay, Form 10-K Summaries: Proxy Season Guide to 2017

“As another year comes to a close, it is time for public companies to become acquainted with the securities law and business developments of the past year to position themselves for success in 2017. Below is a summary of current and anticipated changes that may impact reporting requirements and disclosure regulations for the upcoming 2017… Read more »


2017 Board of Directors Predictions: 5 Trends to Watch

“2016 was a year marked by significant changes—stunning political upheavals via Brexit and our own controversial new President-elect; a growing number of big-ticket, multi billion dollar M&A deals amid massive enterprise court battles, particularly in the technology sector; evolving regulations and proposed governance standards; as well as persistent and increasingly destructive cyber security attacks, threatening… Read more »


Benefit Issues for 2017

Wilkins Finston Friedman Law Group “wrapped up” the year 2016 with their predictions of the benefit issues employers will face in 2017. Here are their top four benefit issues for 2017: •Health Care Reform. Speculation is rampant as to the extent of the upcoming changes to the Patient Protection and Affordable Care Act (“PPACA” or… Read more »


Board Director Pay Keeps Pace, BDO Analysis Finds

“Board director compensation levels for middle market companies kept pace with the economy between 2014 and 2015, according to a new report from BDO USA, LLP, a leading accounting and consulting organization. Following years of solid increases, compensation remained relatively level at $153,389. The report, The BDO 600: 2016 Survey of Board Compensation Practices of… Read more »


Short-Term Incentive Pay Criteria Are Shifting

“The criteria for earning short-term incentive (STI) compensation appear to have entered a state of flux, judging by new research from the CFO Alliance. In particular, some companies are putting non-financial metrics, like customer or employee satisfaction, into the mix. But far more companies should be doing so, according to Ernie Humphrey, a former CFO… Read more »


December 2016 L Blast: Advisory Shareholder Services Discretionary Reviews | Steve Novick’s CEO tax wins close vote, putting Portland on world map | U.K. Plans to Extend Top-Pay Rules to Closely Held Companies

Dear All, As we begin to close out 2016, we at L&A would like to thank you for your continued support over the last year. We strive to bring you content that is relevant and industry specific to better your businesses. We hope each of you have a restful holiday season with family and friends… Read more »