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While the S.E.C. may fine-tune the measure, some sort of increased proxy disclosure is expected.
If someone gets a mega-grant, he or she is likely to show up in that year's proxy disclosure.
The rule was adopted in 2015 and was implemented in last year's proxy disclosure filings for the first time.
Increase board diversity and provide quantitative proxy disclosure about the percentage of women and minorities serving as directors.
Develop a succession plan for the CEO and other top executives and provide proxy disclosure about the board's processes relating to succession planning.
Conduct annual reviews of board and committee performance (required by NYSE rules) and individual director performance and provide proxy disclosure describing the board's processes for evaluating directors.
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The expanded executive pay disclosure rules will take effect next spring, when companies send annual proxy disclosures to shareholders.
This information can help the board to critically evaluate whether it should voluntarily enhance its proxy disclosures.
Making decisions on optional proxy disclosures well in advance will allow time to develop and assess the most effective presentation.
But it will be one of the first held by a big American company since the rules on proxy disclosures by mutual funds changed last Tuesday.
Board decisions and proxy disclosures related to executive compensation are also leading to an increase in shareholder litigation, albeit on a smaller scale.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com