October 11, 2005
An Inspiring Moment – Hear Ed Woolard!
Ever have one of those career highlight moments and fully recognize it at the time? Last week, I had one of those moments when I met Ed Woolard – former DuPont CEO and current Chair of the NYSE comp committee – and witnessed the taping of his remarks on executive pay. Hey, you gotta love anyone that says “double bull”!
On CompensationStandards.com, we have posted the 10-minute video of Mr. Woolard’s remarks – for free – to keep the momentum going for implementing internal pay equity and tackling the other issues addressed by Mr. Woolard. The video might take a minute to download – please urge any others you know, including directors, to watch this inspiring commentary.
Mr. Woolard’s remarks will kick off a panel that will explain how to implement internal pay equity – “Why – and How to – Implement Internal Pay Equity” – during the “2nd Annual Executive Compensation Conference.”
CEOs That Have Set An Example
By the way, internal pay equity was addressed in the Sunday NY Times’ column, “Companies Not Behaving Badly.” We have many more examples of responsible pay practices in “CEOs That Have Set An Example” on CompensationStandards.com.
Hear from a panel of former CEOs that are now well-respected directors about their own responsible actions on the panel – “The Directors Speak” on Excessive Pay” – during the “2nd Annual Executive Compensation Conference.”
NYSE’s Factors in Determining Enforcement Sanctions
Yesterday, the NYSE posted this Information Memo which lists factors considered when the NYSE decides to levy sanctions in an enforcement proceeding. I have added this memo to the “SEC Enforcement” Practice Area.