Late last year, the U.S. Securities and Exchange Commission issued new rules governing executive incentive compensation recovery (or “clawbacks”) for public companies in the event of a financial restatement. Don’t miss this critical overview of the new rules, which mandate clawbacks for a broader category of financial restatements and impose stringent disclosure obligations. While most companies have clawback policies in place, chances are they aren’t fully aligned with these rigorous new requirements.
• Identify key differences between clawback rules and the clawback policies your company currently has in place
• Outline a recommended approach for modifying clawback policies to comply with the new rules