Lahey Clinic's Approach to Governance of Executive Compensation
Executive Compensation, Corporate Governance, Global Warming: The Heat is On!
-
Upload
silvester-russell -
Category
Documents
-
view
215 -
download
2
Transcript of Executive Compensation, Corporate Governance, Global Warming: The Heat is On!
![Page 1: Executive Compensation, Corporate Governance, Global Warming: The Heat is On!](https://reader030.fdocuments.us/reader030/viewer/2022032703/56649d145503460f949e8c9f/html5/thumbnails/1.jpg)
Executive Executive Compensation, Compensation,
Corporate Governance, Corporate Governance, Global Warming: Global Warming: The Heat is On!The Heat is On!
![Page 2: Executive Compensation, Corporate Governance, Global Warming: The Heat is On!](https://reader030.fdocuments.us/reader030/viewer/2022032703/56649d145503460f949e8c9f/html5/thumbnails/2.jpg)
Singin’ The PL BluesSingin’ The PL Blues
MODERATOR:
• Ivan Dolowich, Esq., Partner, Kaufman Dolowich Voluck & Gonzo LLP
PANELISTS:
• Mark Lebovitch, Esq., Partner, Bernstein Litowitz Berger & Grossmann LLP
• Richard Bortnick, Esq., Member, Cozen O’Connor
• Gary Brown, Esq., Shareholder, Baker, Donelson, Bearman, Caldwell and Berkowitz P.C.
• Ric Marshall, Chief Analyst, The Corporate Library
• Steven White, Vice President, Arch Insurance Company
![Page 3: Executive Compensation, Corporate Governance, Global Warming: The Heat is On!](https://reader030.fdocuments.us/reader030/viewer/2022032703/56649d145503460f949e8c9f/html5/thumbnails/3.jpg)
Agenda
• Corporate Governance
• Executive Compensation
• Legal Developments
• Global Warming
• Trends
• Q&A
![Page 4: Executive Compensation, Corporate Governance, Global Warming: The Heat is On!](https://reader030.fdocuments.us/reader030/viewer/2022032703/56649d145503460f949e8c9f/html5/thumbnails/4.jpg)
Corporate Governance
• Recent economic and market developments
• Corporate boardroom happenings
• Sarbanes Oxley – success or failure?
![Page 5: Executive Compensation, Corporate Governance, Global Warming: The Heat is On!](https://reader030.fdocuments.us/reader030/viewer/2022032703/56649d145503460f949e8c9f/html5/thumbnails/5.jpg)
Executive Compensation
• Abuse or excess?
• Company decision or can the government
intervene?
• Proposed reforms
• Stock Options
![Page 6: Executive Compensation, Corporate Governance, Global Warming: The Heat is On!](https://reader030.fdocuments.us/reader030/viewer/2022032703/56649d145503460f949e8c9f/html5/thumbnails/6.jpg)
Executive Compensation
![Page 7: Executive Compensation, Corporate Governance, Global Warming: The Heat is On!](https://reader030.fdocuments.us/reader030/viewer/2022032703/56649d145503460f949e8c9f/html5/thumbnails/7.jpg)
Legal Developments
• Derivative Suits Business judgment rule Increase in frequency and severity Impact on D&O coverage
• Regulatory High profile losses Impact of Rakoff decision
![Page 8: Executive Compensation, Corporate Governance, Global Warming: The Heat is On!](https://reader030.fdocuments.us/reader030/viewer/2022032703/56649d145503460f949e8c9f/html5/thumbnails/8.jpg)
Global Warming
• Concerns
• Regulatory impact
• Private suits
• Product/Coverage implications
![Page 9: Executive Compensation, Corporate Governance, Global Warming: The Heat is On!](https://reader030.fdocuments.us/reader030/viewer/2022032703/56649d145503460f949e8c9f/html5/thumbnails/9.jpg)
Trends
• Developing hot areas
• SEC reaction
• Institutional investor role
• Sovereign Immunity
![Page 10: Executive Compensation, Corporate Governance, Global Warming: The Heat is On!](https://reader030.fdocuments.us/reader030/viewer/2022032703/56649d145503460f949e8c9f/html5/thumbnails/10.jpg)
Questions&
Answers
![Page 11: Executive Compensation, Corporate Governance, Global Warming: The Heat is On!](https://reader030.fdocuments.us/reader030/viewer/2022032703/56649d145503460f949e8c9f/html5/thumbnails/11.jpg)
Many thanks to …
• Ivan Dolowich• Richard Bortnick• Gary Brown• Mark Lebovitch• Ric Marshall• Steven White