The Future of Compensation & Corporate Governance Amid a Trump Presidency
One thing is for certain, the results of the election created a myriad of questions regarding the future of American politics. Less certain, though, is the level of impact the results will have on the futures of various executive compensation and corporate governance policies that have been at the forefront of discussions since outgoing President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) into law in 2010. With President-elect Donald Trump on his way to the White House, majority control of both the U.S. Senate and House of Representatives shifting to the GOP, and the announcement of Ms. Mary Jo White – Chairwoman of the Securities and Exchange Commission (“SEC”) – leaving her post, the regulatory framework that has implemented and monitored Dodd-Frank is undergoing a sea change. In this regard, we explore what this could mean for various compensation and corporate governance regulations enveloped within Dodd-Frank.
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