SEC Adopts Final Rules Mandating Disclosures Comparing Executive Pay to Performance

    View Author August 2022

    After more than 12 years of development, on August 25, 2022, the Securities and Exchange Commission (“SEC”) adopted final rules requiring that registrants disclose information on executive pay in comparison to the registrants’ financial performance, as required under Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”). The final rules will require most registrants to include pay-versus-performance disclosures in any proxy or information statement in which executive compensation disclosures are required beginning with the 2023 proxy season.