The Advisors' Blog

This blog features wisdom from respected compensation consultants and lawyers

July 18, 2012

Podcast: Personal Use of Aircraft

Broc Romanek, CompensationStandards.com

In this podcast, Ruth Wimer of McDermott, Will & Emery explains the latest on personal use of aircraft, including:

– Have companies changed their use of personal aircraft practices since the FAA final guidance on reimbursement in 2010?
– How typical is it for companies to have personal use of aircraft policies? What typically is in those policies? Who approves those policies – full board or compensation committee?
– What are common snafus when it comes to personal use of aircraft disclosures?

Did you catch this recent CFO.com article entitled “New Threat to Personal Use of Corporate Jets?“?