With Lillian Brown, Meredith Cross, Erika Robinson, Knute Salhus, Jonathan Wolfman, Jennifer Zepralka
At an open meeting on September 18, 2013, by a 3-2 vote, the Securities and Exchange Commission proposed a new rule, as mandated by Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, to require companies to disclose (i) the median of the annual total compensation of all company employees (excluding the company’s principal executive officer), (ii) the annual total compensation of the company’s principal executive officer and (iii) the ratio between the two. A summary