March 1, 2012 | News / Updates

Oops, Hundreds of Companies Forgot Say-on-Pay Rules

A quick Friday FYI for everyone.  For all the press that say-on-pay has gotten, have to say I was fairly floored that hundreds of companies forgot to comply with the new rules.  It’s likely a sign of how busy this time of year is for most financial teams that are closing 2011’s books, preparing for earnings, starting the annual report, pulling together the proxy, etc.  The good news if you’re one of the companies is I have a feeling the SEC will allow several waivers to get compliant.