Compensation Clawback Final Rules on SEC Agenda

Compensation Clawback Final Rules on SEC Agenda

Fulcrum Partners. Executive Benefits News

Attorney Mike Melbinger, author of the Executive Compensation Blog, says he is officially putting away his crystal ball when it comes to predicting (or second guessing) the timing of actions by the Securities and Exchange Commission. Nevertheless, he does point out that select issues are on the SEC’s radar, including specific executive compensation issues, such as the recovery of erroneously awarded compensation. 

Incentivizing Executives in a Post-Pandemic Economy: Example

Incentivizing Executives in a Post-Pandemic Economy: Example

Fulcrum Partners. Executive Benefits News

Attorney Mike Melbinger, Partner in Winston & Strawn’s Chicago office, brings perspective to this ICS/ISS illustration model of how a sample company might choose to adjust annual goals for incentivizing executives. As Mike points out this topic, “will affect nearly every company in corporate America”.

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When Executives Fail to Meet Company Stock Ownership Guidelines

Fulcrum Partners. Executive Benefits News

Although the economy has shown positive signs, (such as the May jobs report) indicating recovery is underway, no one is exhaling yet. Among the many issues that organizations are managing with prudence and often uncertainty, is how best to handle company stock ownership policies in the face of atypical stock price fluctuations.

Spawning European carp

Stock Option Repricing: When You Are Underwater Part 2

Fulcrum Partners. Executive Benefits News

Today we’re sharing Part 2 of an article written by Mike Melbinger on the timely and challenging matter of stock option repricing. Mike is a Partner in the Chicago Office of Winston & Strawn LLP. His law practice focuses exclusively on executive compensation and employee retirement benefit issues. Use this link to catch up, if you missed Part 1 yesterday of “Stock Option Repricing: When You Are Underwater.”

Small Business Loan Form Concept

CESA Act Loans: Further Information and Insights

Fulcrum Partners. Executive Benefits News

The Coronavirus Economic Stabilization Act (CESA) was established to provide loans and loan guarantees for businesses to improve business liquidity resultant from the COVID-19 pandemic. Unlike the widely publicized Payment Protection Program (PPP), CESA Act loans do not include loan forgiveness. They do include substantial penalties, however, if terms of the loan agreement are breeched.

Library

Executive Compensation Professionals Do Not Come Across the HSR Act Often

Fulcrum Partners. Executive Benefits News

Are you familiar with the Hart-Scott-Rodino (HSR) Act? Although it is designed to cover large mergers and acquisitions, it can come in to play for select individuals. When the executive compensation plans of highly compensated employees rely heavily on corporate stock to reward the executive, the reporting guidelines of HSR can potentially apply at the individual level.