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On May 13, 2021, Phoenix executivecompensation and employeebenefits partner, Greg Gautam, joined Snell & Wilmer’s “CalCurrent” podcast. On his episode, Greg covered five common pitfalls private companies and startup companies should watch out for when structuring their equitycompensation and incentive programs.
In October, Institutional Shareholder Services (ISS) released an off-cycle update to its ExecutiveCompensation Policies Frequently Asked Questions (the FAQs), which are available at this link: US-Compensation-Policies-FAQ.pdf (the new questions are highlighted in yellow). Recognizing robust clawback policies.
Proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis (“GL”) each published their annual policy updates for 2023, which updates made certain changes relating to executivecompensation. [1] GL will generally recommend against the compensation committee chair when such outsized awards have been granted.
This new focus on “clawbacks” is intended to give general counsels and chief compliance officers the tools to implement “responsible corporate behavior” and to foster a corporate culture that both deters and punishes risky (and possibly criminal) behavior by top executives.
Summer has come and gone, but there was no summer vacation for employeebenefits legislation and guidance. As always, you may access our entire catalogue of employeebenefits blog posts here on the Snell & Wilmer website. CalCurrent Podcast and EquityCompensation for Startups. Read More ›. Read More ›.
Many countries finalized new regulations and released new guidance in 2024 that will impact global equity plans. This client alert highlights key updates from Canada, the European Union, the United Kingdom, Brazil, and other jurisdictions, and recommends steps companies should take to address them. Access the article.
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