Corporate Secretary and Foley hosted Executive Compensation — What Are We Facing Now? as part of the Corporate Wavelength Web conference series.
This program addressed the results of the economic downturn and the increased scrutiny of executive compensation, companies are grappling with new questions about executive pay:
- What is the new normal? What are the messages to compensation committees about executive pay?
- How does the most recent pay data reflect the economic crisis: trends in salaries, bonuses, and equity grants?
- What are companies doing about underwater stock options?
- Will the recent executive compensation legislation aimed at companies that receive federal “bailout” funds (i.e., TARP recipients) be expanded to apply to all companies? If so, what will that mean?
- How can companies ensure their pay programs do not encourage excessive risk taking?
- What are the hot-button issues being focused on by RiskMetrics and other shareholder services companies?
- What are companies doing about retention and engagement of key talent?
Leigh C. Riley, Foley Tax & Individual Planning and Tax & Employee Benefits Partner, was joined by Claudia Zeitz Poster, Principal in Towers Perrin’s Executive Compensation Practice, to address key issues of executive compensation in a turbulent economic environment, including an update of the rules in the American Recovery and Reinvestment Act of 2009 that govern executive compensation for TARP recipients.
People
Related Insights
21 April 2025
Health Care Law Today
Prescription Drugs: Executive Order Aims to Lower Prices
On April 15, 2025, President Trump signed an executive order (EO) with the aim of reducing the cost of prescription drugs.
21 April 2025
Health Care Law Today
MedTech Round Table: What the Trump Administration Means for Companies and Investors
Foley & Lardner LLP hosted and participated in a MedTech round table of investors and business leaders, including chief executive officers, partners, directors, innovation leads, investment funds managers and partners, and general counsels. There was collective interest in understanding how these MedTech leaders are adjusting to the changing business and regulatory environment under the second Trump administration.
21 April 2025
Labor & Employment Law Perspectives
Supreme Court’s E.M.D. Sales v. Carrera Decision: A Victory for Employers Navigating FLSA Exemptions
In the case at issue, E.M.D. Sales, Inc. v. Carrera, the court clarified the applicable standard of proof, ruling that employers need only demonstrate by a "preponderance of the evidence," the standard used in most civil cases, that an employee qualifies for an FLSA exemption, rather than the higher more stringent "clear and convincing evidence" standard previously applied by the Fourth Circuit Court of Appeals.