Annette Leckie, Partner at Meridian Compensation Partners, is the featured expert on this episode of The Executive Compensation Podcast. Annette has 30 years of experience consulting on the full range of executive and director compensation issues. She is a frequent speaker on the topic as well as a member of the Compensation Committee Leadership Network.
On the podcast, Annette provides a brief history of the 2010 Dodd-Frank Act and its implications on company clawback policies. She shares several reasons companies should be revisiting their policies, including renewed SEC interest in proposing clawback policy rules and guidelines.
She explains why restatement clawbacks and misconduct clawbacks should be treated separately and offers examples of types of misconduct to consider as possible triggers. Annette also provides a comprehensive list of items to examine when reviewing your clawback policy.