The Advisors' Blog

Here’s something Meredith blogged last week on our “Proxy Season Blog” on TheCorproateCounsel.net:

DFIN is out with its annual “Guide to Effective Proxies” (available for download). As usual, this is a “go-to” guide for benchmarking your proxy disclosure against “innovative and shareholder-friendly” samples that DFIN drew from its client base. Mirroring the trend in “best in class” proxies in recent years to do more with less, this year’s guide both shrunk in length — still at a whopping 318 pages! — and contains a new section on pay versus performance. Here’s an excerpt from DFIN’s press release:

Companies have been telling their Pay for Performance (PfP) story in their Compensation Discussion and Analysis statements for years. New regulations regarding PvP call for quantitative disclosure on executive pay relative to certain financial metrics in order to best illustrate trends. This guide shows how organizations differentiated PvP while finding new ways to tell their PfP story and better illustrate the relationship between executive compensation paid and financial performance.

– Liz Dunshee