October 8, 2013

Tomorrow’s Big Pair of Webcasts: “Pay Ratio Roadmap” & “Doing Board Presentations”

In a “first” – and hopefully it’s a “last” – I am hosting two separate webcasts tomorrow. Both of them are biggies.

First is this webcast at noon eastern on “Doing Your Pay Ratio Homework Now: A Roadmap” – to hear Compensia’s Mark Borges, Deloitte Consulting’s Mike Kesner and Towers Watson’s James Davies, Paul Platten, Steve Seelig and Dave Suchsland get into the nitty gritty of how to do the math in the SEC’s pay ratio proposal. Here’s a set of Course Materials that you should print in advance.

This program will not be an overview of the SEC’s new proposal on pay ratio disclosures–we have posted plenty of memos to get you up-to-speed. Rather, this program will drill down to see where you stand if the proposal was adopted–and to help you decide whether you should consider submitting a comment letter to the SEC using hard facts. So this program will help you evaluate how to choose a compensation definition; how to conduct statistical sampling in this area; how to access the right data and calculate the median.

Then at 2 pm eastern, tune into for the webcast – “Dealing with the Board: Presentations, Etiquette & More” – during which three long-time practitioners who have been before hundreds of boards will discuss how to get hired, what types of presentations work best for boards, how to handle tricky relationship and culture issues and how to handle issues that come from outside the boardroom. Join legends Stasia Kelly of DLA Piper, John Olson of Gibson Dunn and Stewart Landefeld of Perkins Coie for this special event.

Round Two! SEC Renews “Small and Emerging Companies” Advisory Committee

Last week, the SEC renewed the term of its “Small and Emerging Companies” Advisory Committee, which was formed based on a Dodd-Frank mandate in 2011 for a two-year term. The SEC wasn’t required to maintain this advisory committee – but apparently felt it was providing value. There has been a lot of rulemaking lately impacting smaller companies – so it seems like maintaining a sounding board is a good idea.

Delaware Supreme Court Chief Justice Myron Steele to Retire

Here’s something that I recently blogged on my Blog: Delaware Supreme Court Chief Justice Myron Steele announced that he would retire effective November 30th, three years ahead of the end of his 12-year term. As noted in this article, Chief Justice Steele has served on the bench in Delaware for 25 years – and as Chief Justice since ’04.

This is a big loss for the Delaware bench. I first met the Chief Justice when we taped a panel about director duties after the Disney case for our “2nd Annual Executive Compensation Conference” in 2005. He was also kind enough to participate in a webcast on this site in ’07 entitled “An M&A Conversation with Chief Justice Myron Steele.” We wish him the best of luck in retirement or whatever he plans to do!

– Broc Romanek