Authors: James F. Reda, Stewart Reifler, Laura G. Thatcher, Philip R. Lochner
ISBN-13: 9780470171318, ISBN-10: 0470171316
Format: Hardcover
Publisher: Wiley, John & Sons, Incorporated
Date Published: December 2007
Edition: 3rd Edition
James F. Reda is President of James F. Reda and Associates. Mr. Reda has over fifteen years of executive compensation consulting experience and has written and presented extensively on the subject.
Stewart Reifler is a partner at the New York office of Vedder, Price, Kaufman & Kammholz and head of their executive compensation practice. Mr. Reifler negotiates and structures executive employment, executive severance and retirement, and executive compensation arrangements on behalf of both executives and companies.
Laura G. Thatcher is head of Alston & Bird's executive compensation practice. Ms. Thatcher serves on the Editorial Board of the Journal of Deferred Compensation and chairs the compensation committee of two companies.
Compensation Committee Handbook
Third Edition
In our post-Sarbanes-Oxley world, the compensation committee chair is widely considered the most difficult role on the board. The consequences of making bad compensation decisions can be severe, ranging from ill-advised legislative initiatives to shareholder revolts. Compensation Committee Handbook, Third Edition is a practical, how-to guidebook designed to help compensation committee members make sensible and defensible decisions at all times.
Covering functional issues such as organizing, planning, and best practice tips as well as compliance advice on the implications of Sarbanes-Oxley and other new regulations, Compensation Committee Handbook provides an indispensable, comprehensive review of the pertinent matters facing compensation committees.Recognizing that there is no single "correct" model for executive pay that will fit every business organization, the Handbook identifies applicable "best practices" that reflect current and pendingregulations that have emerged since the Second Edition, including:
Compensation Committee Handbook, Third Edition will help compensation committee members better understand their duties and role, and to remind them of both the general and technical determinantsof good compensation committee decisionmaking. The book represents the cumulativeexperience of compensation committeemembers and the breadth of knowledge gained in careers as business executives, government officials, corporate board members, governance experts, compensationconsultants, and academics engaged in the study of business history and practices.
An invaluable resource for compensation committee members, board of directors, CEOs, COOs, CFOs, HR executives, and auditors, this practical, how-to road map provides an in-depth review and analysis of timely and relevant issues facing compensation committees at both public and privately held companies.
Ch. 1 | The compensation committee | 3 |
Ch. 2 | Selecting and training compensation committee members | 32 |
Ch. 3 | CEO succession and evaluation | 54 |
Ch. 4 | Director compensation | 77 |
Ch. 5 | Corporate governance | 91 |
Ch. 6 | Securities issues | 118 |
Ch. 7 | Tax, ERISA and labor laws, regulations, and rules | 147 |
Ch. 8 | Accounting rules | 175 |
Ch. 9 | Executive employment and severance arrangements | 203 |
Ch. 10 | Incentive compensation | 219 |
Ch. 11 | Equity-based incentives | 234 |
Ch. 12 | Executive pension-benefit, welfare-benefit, and perquisite programs | 260 |
Epilog : a glimpse of the future | 275 | |
App. A | Selected SEC rules, regulations, schedules, and forms | 281 |
App. B | List of organizations and periodicals | 345 |
App. C | List of directors' colleges and other training opportunities | 358 |
App. D | Annotated form of compensation committee charter | 365 |
App. E | Sample compensation committee reports | 382 |