Broc has his say on “Say on Pay”
Our friend Broc Romanek at CorporateCounsel.net writes an excellent post, breaking down each presidential candidate’s feelings on executive compensation.
Most importantly, Broc let’s us know how divided he personally is on the issue, detailing the following pros and cons:
- CON: Compensation is a board task. Leave it to them.
- CON: Say on Pay gives RiskMetrics (formerly ISS) even more clout.
- CON: Say on Pay could shield directors from deserved liability.
- PRO: Compensation has not changed for the better.
For Broc’s well-written discourse, click here.
