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Dodd-Frank's Say on Pay Rules Pose Triple Threat to Directors: American Banker

June 12, 2012

By MARK POERIO & SCOTT LIEBERMAN

Two fists would seem sufficient, but publicly traded financial institutions and other companies that report to the Securities and Exchange Commission should beware of three threats arising from the Dodd-Frank Act's say on pay requirements.

The common "one-two" begins with agitating shareholders through executive compensation disclosures, and ends with directors being sued due to either a perception of pay unjustified by performance, or a failed say on pay vote.

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