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The Securities Edge Securities Blog for Middle-Market Companies

Monthly Archives: June 2011

Are the Say-on-Pay Votes “Advisory” After All?

Posted in Compensation

When Congress passed the Say-on-Pay provision in Dodd-Frank, there was some concern whether the required vote, even though advisory, would increase the risk for Boards.  As it turns out, the risk is real.  Approximately 35 companies have received a vote of less than 50% in support of their executive compensation programs.  Of these 35 failed… Continue Reading