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Executive Compensation Proxy Disclosure: The Hows and Whys Needed for Your 2008 CD&A
Based on its comment letters to 350 companies, the SEC has published additional guidance on how companies should write their 2008 proxy disclosures on executive compensation. The guidance instructs companies to add more analysis to the Compensation Discussion and Analysis (CD&A) of their proxies, but provides few details on how that should be done.
The conference focused on the highlights of the SEC guidance. We explained how companies can gather the information about compensation committee’s pay decisions and perform the pay-for-performance analyses that the SEC might be looking for. We also offered suggestions to help companies — and compensation committee members — understand the internal processes and timetables necessary for compliance.
On December 18, Watson Wyatt hosted a Web conference, “Executive Compensation Proxy Disclosure: The Hows and Whys Needed for Your 2008 CD&A,” to share information about best practices that will help you draft the CD&A in next year's proxy.
To view a streaming video/audio replay of the Web conference or if you have any further questions, please contact your
local Watson Wyatt consultant.
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