Latest / The Consumer Finance Podcast
December 1st Deadline to Adopt Executive Compensation Clawback Policies
Join Troutman Pepper Partners Chris Willis and Sheri Adler as they dive into the new requirement for publicly traded companies (including financial services companies) to adopt a clawback policy requiring the recoupment of erroneously awarded incentive compensation by December 1, 2023. Chris and Sheri discuss many facets of the rules and what steps companies can take to ensure compliance, including:
Which companies are subject to the new rules?
Who must the policy cover?
What compensation is covered?
What amount is recoverable?
What triggers a clawback?
May the compensation committee exercise…
The skinny
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