Exec Comp Comp Update from Equilar - 17 Dec 2009

Yesterday, the SEC voted 4-to-1 to adopt broader proxy disclosure requirements. Equilar has prepared a summary based on some of the major revisions below:

• Risk Disclosure Threshold Increased: Compensation policies reasonably likely to have a material adverse effect on the company must be disclosed.


• New Diversity Consideration Disclosure: Companies will be required to disclose how the nominating committee considers diversity in identifying director nominees.


• Value Threshold for Consultant Disclosure: Enhanced disclosure surrounding consultants will only be required if the non-executive compensation service exceeds $120,000.

According to the document release, the effective date of the rule is
February 28, 2010. Companies with a fiscal year end after December 20,
2009 will be required to adopt the amendments to the Summary
Compensation Table.

Get the complimentary Equilar summary of the changes here.

Equilar also conducted an SEC: Ahead of the New Regulations Webinar, which clients receive access to. Non-clients can request access here.

Approach Intelligently,

Equilar