The Securities and Exchange Commission (“SEC”) staff has had a busy summer. Following the release of proposed rules and regulations regarding the CEO Pay for Performance and Clawback provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”), the SEC on August 5, 2015 proposed final rules and regulations regarding the CEO pay ratio disclosure. The CEO pay ratio disclosure fulfills a further mandate of the Dodd-Frank legislation. Read More
Current Pay Governance Viewpoints
John R. Ellerman and Lane T. Ringlee
Diane Lerner and Christine Oberholzer Skizas
Although all aspects of diversity are meaningful topics, this article is solely focused on gender diversity. Currently, females represent approximately 15% of outside board member seats in the S&P 1500 and about 18% of the S&P 500 seats. This equates to a median of 1-2 female board members in a group of 9-11 board members. Read More
John R. Ellerman, Bentham W. Stradley and Lane T. Ringlee
Following the recent release of new rules and regulations regarding the proposed pay for performance disclosure requirement imposed on public companies by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank”), the Securities and Exchange Commission (SEC) has just released rules to add Section 10D to the Securities Exchange Act regarding executive officer clawbacks of incentive compensation. Read More
Team Member Highlight
- Mike Grasso Consultant | Pittsburgh
- View Articles by Mike Grasso
Mike Grasso is a Consultant in the Pittsburgh office of Pay Governance. His experience includes competitive assessments of executive and director compensation, peer group development, annual and long-term incentive plan design, severance and change-in-control cost modeling, and pay-for-performance assessments. Mike assists publicly-traded and private companies in various industries, such as manufacturing, telecommunications, energy, consumer goods, real estate, education, and financial services.
Prior to joining Pay Governance, Mike worked as an associate in Towers Perrin's Executive Compensation practice.
Mike graduated summa cum laude from Washington & Jefferson College with a B.A. in Business Administration and minors in Economics and Data Discovery.