SEC adopts rule for compensation committees and advisors

Share this article and your comments with peers on social media AMF says Bombardier exec compensation plan falls within the law FSB consults on compensation tools to address misconduct Facebook LinkedIn Twitter U.S. securities regulators are going to be requiring stock exchanges to set listing standards that impose requirements on public company compensation committees. The U.S. Securities and Exchange Commission has approved a rule that requires exchange listing standards to address: the independence of the members on a compensation committee; the committee’s authority to retain compensation advisers; its consideration of the independence of any compensation advisers; and, the committee’s responsibility for appointing, paying, and overseeing compensation advisers. James Langton Exec failed to disclose perks to shareholders: SEC Keywords Executive compensationCompanies Securities and Exchange Commission Related news “This rule will help to enhance the board’s decision-making process on executive compensation matters, particularly the selection, engagement and oversight of compensation advisors, and will provide more transparency with respect to conflicts of interest of consultants engaged by boards,” said SEC chairman, Mary Schapiro. The SEC also amended its proxy disclosure rules to require new disclosures from companies about their use of compensation consultants and conflicts of interest. The new rule and rule amendments will take effect in 30 days. read more

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Alabama lifting solutions workshop soon

first_imgThe workshop, organised by Industrial Training International and supported by The Alabama State Port Authority and Barnhart Crane & Rigging, is targeted at those involved in shipping, stevedoring, terminal and port management, crane and rigging, logistics, transportation and manufacturing.Other speakers include Danny Bishop, director of training at The Crosby Group; John P. Colletti, president and CEO of CraneDoctor; Mike Parnell, president and CEO of Industrial Training International; Jim Yates, SVP of engineering services, Barnhart Crane & Rigging; and James K. Lyons, director and CEO of Alabama State Port Authority.Workshop sessions include advanced rigging fundamentals, load handling procedures, special issues in major component logistics, state of the port authorities of America and barge crane operations.Group rates are available for this event, which is being hosted by the Alabama State Port Authority. For more information on the event, contact Zack Parnell, Industrial Training International’s director of business development, on +1 800 727 6355.last_img read more

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