November 17: Preparing for the SEC’s Pay Versus Performance Rule: A Compliance Guide

On August 25, 2022, the Securities and Exchange Commission (SEC) issued the final rule on pay versus performance (PVP) proxy disclosure which aimed to create a more transparent key performance measure. With this, it is crucial that the 2023 proxy statements disclose additional compensation and financial calculations such as the Compensation and Discussion Analysis (CD&A) as well as the relationship between executive pay and actual performance.
As the implementation of the new PVP rule creates drastic changes in the 2023 proxy statements, companies and compensation committees must thoroughly review and calculate their next steps. Further, compliance with the disclosure requirements must be underscored to ensure a more meaningful executive pay program.
Join us in this CLE Webcast as The Knowledge Group presents a panel of thought leaders and professionals as delve into the significant updates and key issues surrounding the SEC’s new PVP rule. The distinguished speakers will also share practical tips to prepare you to meet compliance requirements, avoid penalties, and further risks.
Key topics that will be covered in this discussion are:

• The New PVP Rule: An Overview of Key Components
• Understanding the PVP Table: Critical Insights
• Mitigating the Risk of Non-Compliance
• Best Practices to Prepare for 2023 Proxy Disclosure Requirements
• Regulatory Outlook.

Title:
Preparing for the SEC’s Pay Versus Performance Rule: A Compliance Guide
Date+Time:
Friday, November 17, 2023
12:00 pm to 1:00 pm (ET)
Register now for this free continuing legal education webinar!
By:

The Knowledge Group

Speakers:

• Terry Adamson is a Partner with Infinite Equity. In his role, Terry has advised thousands of public and private companies with regard to equity design, valuation, accounting under ASC Topic 718, and share management. Terry was formerly on the FASB Round Table on Employee Share Options, and on the Executive Advisory Committee of the NASPP. Terry currently serves on the Advisory Board of the CEP and is the Chairperson of the Society of Actuaries taskforce on stock option valuation. Terry is a frequent author and speaker regarding equity compensation and is known as one of the premiere experts on Performance Share programs, specifically Relative TSR plans. Specialties: Valuation of employee equity; share management calculations; pay for performance testing; valuation of liabilities attributed to change in control due to IRC 280G; CEO Pay Ratio; development of underwater option exchange programs; and the design of employee equity programs.
• Stephen F. O’Byrne is President and co-founder of Shareholder Value Advisors Inc., a consulting firm that helps companies increase shareholder value through better performance measurement, incentive compensation and valuation analysis. His work on measuring the strength and cost-efficiency of top management incentives has been published in the Harvard Business Review, the Journal of Investing, Conference Board Director Notes, the Journal of Applied Corporate Finance and the WorldatWork Journal. He is the co-author, with Professor David Young of INSEAD, of EVA and Value-Based Management. He was previously head of the compensation consulting practice at Stern Stewart & Co. and a Principal in the executive compensation practice at Towers Perrin.

Credit:

• New York: 1.0 credits
• California: The Knowledge Group is an approved Multiple Activity Provider in the state of California thus, TKG programs are presumptively approved.
• Most Other States: TKG links to How to Claim CLE Credits Per State.

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