Compensation

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...

Board of Directors

Akin Gump Strauss Hauer & Feld LLP

Top 10 Topics for Directors Strategic Planning Challenges: For the fourth year in a row, strategic planning tops the list. Overseeing the company’s direction is a core board responsibility, often requiring directors to step back and look at the company’s business from the...