October 25, 2016
Today: “Say-on-Pay Workshop – 13th Annual Executive Compensation Conference”
Today is the “Say-on-Pay Workshop: 13th Annual Executive Compensation Conference”; yesterday was the “Tackling Your 2017 Compensation Disclosures: Proxy Disclosure Conference” (video archive is now posted). Note you can still register to watch online by using your credit card and getting an ID/pw kicked out automatically to you without having to interface with our staff. Both Conferences are paired together; two Conferences for the price of one.
– How to Attend by Video Webcast: If you are registered to attend online, just go to the home page of TheCorporateCounsel.net or CompensationStandards.com to watch it live or by archive (note that it will take about a day to post the video archives after it’s shown live). A prominent link called “Enter Conference Here” – on the home pages of those sites – will take you directly to today’s Conference (and on the top of that Conference page, you will select a link matching the video player on your computer: Windows Media or Flash Player). Here are the “Course Materials,” filled with 180 pages of talking points & practice pointers.
Remember to use the ID and password that you received for the Conferences (which may not be your normal ID/password for TheCorporateCounsel.net or CompensationStandards.com). If you are experiencing technical problems, follow these webcast troubleshooting tips. Here is today’s conference agenda; times are Central.
– How to Earn CLE Online: Please read these “FAQs about Earning CLE” carefully to see if that is possible for you to earn CLE for watching online – and if so, how to accomplish that. Remember you will first need to input your bar number(s) and that you will need to click on the periodic “prompts” all throughout each Conference to earn credit. Both Conferences will be available for CLE credit in all states except for a few – but hours for each state vary; see this “List: CLE Credit By State.”
Shareholder Proposals: An Influx When the Crisis Hits
In most cases, a company facing a crisis will receive more shareholder proposals than when it’s not. For example, many of the larger banks received a slew of shareholder proposals in the wake of the ’07 financial crisis. Another example is the likelihood of Wells Fargo receiving a bunch of new proposals in the wake of its $185 settlement with the CFPB – see this Reuters article about some of those proposals that the company recently received (also see this ICCR press release).
It’s wise to warn the board that they should be expecting a proposal “windfall” if a crisis hits…
Survey: How Many Shareholder Proposals Do You Think Wells Fargo Will Receive for ’17?
Please participate in this anonymous survey by guessing how many shareholder proposals will Wells Fargo receive (some of which may be withdrawn or negotiated out):
– Broc Romanek