Survey Results: Stock Ownership Guidelines

Many companies have adopted stock ownership guidelines requiring executives and directors to own stock in their company based on a multiple of their salaries or board retainers. With the current market downturn and drop in net worth for many people, some companies are changing their stock ownership guidelines.

1. At our company, we are: (Total responses: n=90)
(select only one)

n=47 (52.22%) Enforcing our stock ownership guidelines without change
n=21 (23.33%) Revising our ownership requirements
n=5 (5.56%) Terminating or suspending our stock ownership guidelines entirely
n=3 (3.33%) Granting waivers selectively to executives or directors who aren't meeting the guidelines
n=14 (15.56%) We don't have stock ownership guidelines