On August 5, 2015, the SEC adopted its new rules requiring most public companies to disclose the ratio of their Chief Executive Officer’s annual compensation to the median annual compensation of all other employees of the company, the so-called “Pay Ratio Disclosure” mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act. As expected, these new rules will place a significant burden on many reporting companies in order to accurately and timely meet the new disclosure requirements. Reporting companies should also be prepared to deal with the potential social and economic consequences of the new disclosure.
This seminar highlights what has changed from the proposed Pay Ratio Disclosure rules and the potential pitfalls and consequences involved in compliance with the new disclosure requirements.
- Jason Brenkert, Partner, Dorsey & Whitney LLP
- Gary Tygesson, Partner, Dorsey & Whitney LLP
- Whitney Holmes, Partner, Dorsey & Whitney LLP
- Cam C. Hoang, Senior Counsel and Assistant Secretary, General Mills, Inc.
NOTE: Watching this recording does not allow the user to obtain CLE, CPD, CPE or HR credits.