Say-On-Pay Forces Cos. To Rethink Exec Perks

June 7, 2011

Michael W. Stocker comments on the 'say-on-pay' provision of The Dodd-Frank Wall Street Reform and Consumer Protection Act

"I think the consensus is that the say-on-pay provision has already been much more effective in bringing shareholder scrutiny to issues of executive compensation than people had expected," said Michael Stocker, a partner at Labaton Sucharow LLP who specializes in corporate governance issues.