Insights

Ready to Expand Your Clawback Policy? Not so Fast . . .

For many years, companies decided to wait for the clawback requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act to be finalized before taking action.

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More recently, many have stopped waiting. In public company boardrooms across the United States and abroad, there is a growing trend to expand company clawback policies beyond current regulatory requirements to include additional triggers for addressing employee misconduct through the…

Prepping Your Clawback Policy for Prime Time

As seen in the November/December 2019 issue of the NACD Director Advisory

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In the wake of corporate scandals and high-profile executive misconduct, compensation committees are reviewing the adequacy of their clawback and forfeiture policies. Board members want to be assured they have the tools needed if they find themselves in the headlines.…