Topic
executive compensation
1,540 published works
Compensation & Benefits Blog
Terminating a CEO for Cause
By Michael Album, Katrine Magas
Terminating a CEO “for cause” requires that the board of directors (“Board”) of the employer focus on two questions – What is the applicable standard for cause? Do the facts…
The D&O Diary
Thinking About McDonald’s Lawsuit Against its Former CEO
The news that McDonald’s had filed a lawsuit against its former CEO, Stephen Easterbrook, to recoup severance compensation the company had paid Easterbrook, made the front page of the Wall…
Securities Law Prof Blog
Atanasov and Boutchkova on Performance Metrics and Executive Compensation
Vladimir A. Atanasov and Maria Boutchkova have posted Striking Oil in the Boardroom: Overpaying Executives through Manipulating Performance Metrics on SSRN with the following abstract:Using hand-collected proxy statement data, we…
Construction Payment Blog
Bankrupt Companies Stiff Contractors, Pay Millions in Executive Bonuses Instead
By Ian Cogswell
Over the course of the last few months, many industries have taken a big hit in the wake of the coronavirus. According to Intelligencer, over 3,600 prevalent companies filed for…
Compensation & Benefits Blog
10 Keys to Executive Compensation Excise Tax for Tax-Exempt Employers and Their Affiliates
By Seth Safra, Amanda H. Nussbaum, Katrine Magas, James Huffman
Employers that are tax-exempt or have tax-exempt affiliates (for example, a foundation) should pay close attention to a 21% excise tax under Section 4960 of the Internal Revenue Code on…
Tax Talks
10 Keys to Proposed Regulations Under Section 4960 (Executive Compensation for Tax-Exempt Organizations and their Affiliates)
By Amanda H. Nussbaum, James Huffman, Katrine Magas, Seth Safra
Employers that are tax-exempt or have tax-exempt affiliates (for example, a foundation) should pay close attention to a 21% excise tax under Section 4960 of the Internal Revenue Code on…
Not For Profit/Exempt Organizations Blog
10 Keys to Excise Tax on Executive Compensation Paid by Tax-Exempt Organizations
By Seth Safra, Amanda H. Nussbaum, Katrine Magas, James Huffman
Proposed Regulations under Section 4960 of the Internal Revenue Code provide important guidance for tax-exempt organizations and their affiliates regarding an excise tax on certain executive compensation. The U.S. Department…
M&A Insights
Where Am I and How Did I Get Here (In This Venue)?
By Brock T. Niezgoda, Cindy M. Pridgen
In June 2019, David Dunwoody (“Dunwoody”) left his position as President of EnVen Energy Corporation (“EnVen”) amidst a scandal centering around his alleged involvement in a kickback scheme. Dunwoody sued…
The CLS Blue Sky Blog
Exequity Discusses S&P 500 Companies’ Use of “Relative Total Shareholder Return”
By Ben Burney
The economic consequences of the COVID-19 pandemic have upended countless budgets for 2020 and rendered long-term forecasts speculative at best. By now, most companies providing financial guidance have withdrawn it.…
Real Bankruptcy Intel
What We’re Reading This Week [July 20, 2020]
By Sean T. Scott, Aaron Gavant, Alexander F. Berk
Reporting from Reuters discusses how large firms that have filed for bankruptcy relief since the beginning of the COVID-19 pandemic have awarded bonuses to executives shortly before filing for bankruptcy.…