For anyone who wonders how compensation for CEOs reached today's stratospheric heights, consider the role of compensation consultants such as Hewitt, Mercer Human Resources, and Towers Perrin. These sorts of companies often have millions of dollars a year of business with major Fortune 500 companies involving all...
Natural Health Trends Corp. (NASDAQ: BHIP) today announced that, on November 13, 2007, Natural Health Trends Corp. (the "Company") received a letter from The Nasdaq Stock Market (the "Nasdaq Letter") stating that the Company is not in compliance with independent director, audit committee and compensation committee requirements for continued listing...
JOE KERNEN, CNBC ANCHOR: Well, former New York Stock Exchange Compensation Committee chief, Carl McCall, the man who approved Dick Grasso`s pay package, begins depositions today in New York. Both Dick Grasso and former Compensation Committee Chairma JOE KERNEN, CNBC ANCHOR: Well, former New...
In prior years, compensation committee activity has generally slowed slowed down after the middle of December. But, that was before the U.S. Securities and Exchange Commission SEC adopted its new rules on Executive Compensation and Related Person D In prior years, compensation committee activity has generally...
HOUSTON -- Camden Property Trust (NYSE:CPT) announced today that William B. McGuire, Jr. has resigned as a member of the Compensation Committee of the Camden Board of Trust Managers, but will continue to serve as a member of the Board. The Board intends to fill the committee vacancy at a...
BOISE, Idaho -- On April 26, 2006, American Ecology Corporation (Nasdaq:ECOL) received a Nasdaq staff deficiency letter indicating that it does not meet the requirements for independent director approval of executive compensation for continued listing set forth in Marketplace Rule 4350c(3). Kenneth Leung, chairman of the Company's compensation committee, ceased...
The prime responsibility of the compensation committee is to determine the compensation policy of the organization. The members of the compensation committee have expertise in general management, law, and finance and are well versed about the matters of the company. The members are recommended by the nominating committee and are...
Role of the compensation committee and recent trends in board practices and director compensation is discussed in the presentation. It mentions the responsibilities of compensation committee. Compensation committee determines compensation policy, provides annual review of CEO’s goals and performance versus goals and evaluates CEO compensation including salary, incentive and equity...
Byline: Sara Hansard WASHINGTON - The Securities and Exchange Commission should reform its disclosure rules regarding the dating of stock option awards, the CFA Centre for Financial Market Integrity told the commission last week. The pol...
Richard A. Grasso should keep the outrageous compensation package that he received from the New York Stock Exchange unless New York Attorney General Eliot L. Spitzer can prove that the former NYSE chairman somehow fooled its board and compensation Richard A. Grasso should...
COOPER CITY, Fla. -- Coach Industries Group, Inc. ("Coach") (OTCBB:CIGI), which offers an array of financial services to commercial fleet operators, today announced the appointment of Steven H. Rothman as an Independent Director to the Board of Directors of the Company effective February 7, 2006. Mr. Rothman will also chair...
Applied Micro Circuits Corp. designs, develops, manufactures and markets high-performance, high-bandwidth silicon connectivity solutions for the world's communications infrastructure. [TABULAR DATA OMITTED] Performance Record For year ended March Applied Micro Circuits Corp. designs, develops, manufactures and markets high-performance, high-bandwidth silicon connectivity...
SOUTH JORDAN, Utah -- Headwaters Incorporated (NASDAQ: HDWR), today announced that the Compensation Committee of Headwaters' board of directors has granted incentive stock options to certain employees of Tapco, acquired yesterday, Sept. 8, 2004. The options were granted outside of any stock incentive plan of the company. When vested, the...
NEW YORK -- Alloy, Inc. ("Alloy") (Nasdaq: ALOY), a media and marketing services company primarily targeting the dynamic 10 - 24 year old population, announced today that, via letter dated June 30, 2006, Nasdaq confirmed that Alloy has regained compliance with Marketplace Rule 4350c(3), which requires the company's compensation committee...
Ralph Andy, head of Spartech Corp.'s compensation committee and a member of its board, is also minority owner of a small side business that buys most of its materials, about $1 million a year, from Spartech. In the post-Enron era, that's the kind ...
LOS ANGELES--BUSINESS WIRE--Jan. 13, 1995--The expanded proxy disclosure rules adopted by the Securities and Exchange Commission SEC that took effect in 1993 are creating dramatic changes in executive compensation, according to a national study released by KPMG Peat Marwick LLP Compensation and Benefits Practice and the American Compensation Association.
When H. Carl McCall, chairman of the New York Stock Exchange's NYSE human resources and compensation committee, and Richard Grasso, chairman and chief executive officer of the exchange, stood before an army of journalists last week to answer a barr When H. Carl McCall, chairman of...
I always thought corporate scams originated in Beverly Hills, like Equity Funding's creative computer inputs, but steamy Houston takes the palm. How much longer are we going to kick around Enron, Ken Lay, and Arthur Andersen for their debasement of I always thought corporate...