CII urges SEC to require clear disclosure on CEO pay

2019-04-30T08:23:36-07:00April 30th, 2019|Categories: Corporate Governance|Tags: , , |

The Council of Institutional Investors filed a petition Monday with the Securities and Exchange Commission urging the agency to require public companies to explain in their proxy statements why and how non-standard metrics are used to determine CEO pay. CII has heard complaints from asset owners and managers about the complexity in executive pay, Executive Director Ken Bertsch said in a call with reporters Monday. Robert Pozen, senior lecturer at the MIT Sloan School of Management and a senior [...]