Compensation

Compensation

Charles A. Bruder | Norris McLaughlin

Although longstanding guidance under Section 409A of the Internal Revenue Code governs the use of deferred compensation to incentivize executives, proposed amendments are raising significant issues. Below, Charles A. Bruder, an executive compensation expert, discusses the changes and what they mean...

Bankruptcy & Restructuring

Andriana Georgallas | Weil, Gotshal & Manges LLP

Recently, in GSE Environmental, Inc. v. Sorrentino (In re GSE Environmental, Inc.), on a motion for judgment on the pleadings, the Bankruptcy Court for the District of Delaware held that the Chief Executive Officer’s claim for unpaid compensation payable in stock constituted an equity...

Board of Directors

Barbara Hackman Franklin | National Association of Corporate Directors (NACD)

MCC: Let’s begin broadly. What does it mean to align executive pay with corporate strategy? Franklin: First, let’s talk about strategy in the boardroom. An earlier NACD Blue Ribbon Commission as well as this one believes that the best practice today is for strategy formulation to be...