The coronavirus (COVID-19) pandemic and the ensuing market uncertainty, as well as recently enacted legislation, have upended the compensation and benefit programs of many companies. These two memos are the first in a series of memos that will discuss considerations for companies to keep in mind in connection with their short- and long-term incentive compensation programs. The first memo highlights key issues for companies that have yet to finalize their 2020 incentive compensation programs. In… Continue Reading
Ms. Lin is a partner in Davis Polk’s Corporate Department, practicing in the Executive Compensation Group.