Agen Quoted on Pay Ratio Rule

Senior Counsel Joshua Agen was quoted in a Compliance Week article, “Disclosure Update: How Companies Are Tackling Comp Rules,” on November 17, 2105. The article discussed changes related to executive compensation, including the pay ratio rule. Agen was quoted saying, “We have seen quite a few clients who have already run the ration using 2014 compensation data…Some are not entirely comfortable with the whole concept of statistical sampling, so they may run the numbers both ways, using actual compensation numbers and a parallel process using statistical sampling to see if they come close to each other before relying solely on statistical sampling.”