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
- Jon Weinstein Partner | Philadelphia
- View Articles by Jon Weinstein
Jon Weinstein is a Partner in Pay Governance's Philadelphia Office and works extensively in advising Compensation Committees and senior management teams at premier companies in the development of effective, creative and pragmatic executive incentive pay systems and arrangements. In his nearly 18 years as an executive compensation practitioner, Jon has been involved in a wide range of projects to align companies' executive reward programs with their business strategies and has a particular expertise in the areas of corporate governance and long-term incentive plan design. Jon's client base centers on Fortune 1000 companies, with a particular focus on companies in the energy, financial services and insurance industry sectors.
Before joining Pay Governance, Jon was the Executive Compensation Business Leader for Towers Watson's East Division responsible for approximately 100 global executive compensation practitioners. Prior to its merger with Watson Wyatt, Jon served on Towers Perrin's Audit Committee of the Board of Directors for several years. Prior to joining Towers, Jon served as Chief of Staff to Philadelphia City Councilman W. Thacher Longstreth.
Jon has been a guest speaker on compensation issues to governance, industry, academic, and human resources groups such as the National Association of Corporate Directors and WorldatWork.
Jon graduated from the University of Pennsylvania with an honors major in English. He graduated summa cum laude and was elected Phi Beta Kappa. He received an M.B.A. from the Wharton School of the University of Pennsylvania, where he made Director's list.