Wednesday, November 13, 2013

US companies will have to disclose ratio of CEO pay to that of workers

US companies will have to disclose ratio of CEO pay to that of workers
Securities and Exchange Commission rule's champions say it will help shareholders identify whether bosses are paid too much
Reuters
The Guardian, Wednesday 18 September 2013 16.23 EDT     
American companies will have to disclose how their chief executive's paycheck compares with that of their average worker under a proposal unveiled on Wednesday by the Securities and Exchange Commission, a key US regulator.

Securities and Exchange Commission
Paul V. Gerlach was an associate director, enforcement for the U.S. Securities and Exchange Commission, and is a partner at Sidley Austin LLP.

Note: Michelle Obama was a lawyer at Sidley Austin LLP.
Barack Obama was an intern at Sidley Austin LLP.
R. Eden Martin is counsel at Sidley Austin LLP, and the president of the Commercial Club of Chicago.
James S. Crown is a member of the Commercial Club of Chicago, and a trustee at the Aspen Institute (think tank).
Lester Crown is a member of the Commercial Club of Chicago, and was a lifetime trustee at the Aspen Institute (think tank).
William H. Donaldson was a lifetime trustee at the Aspen Institute (think tank), the chairman for the U.S. Securities and Exchange Commission, is a trustee at the Committee for Economic Development, and a trustee at the Carnegie Endowment for International Peace (think tank).
Harold M. Williams is a trustee at the Committee for Economic Development, and was a chairman for the U.S. Securities and Exchange Commission.
Roderick M. Hills was a chairman for the U.S. Securities and Exchange Commission, is a trustee at the Committee for Economic Development, and married to Carla A. Hills.
Foundation to Promote Open Society was a funder for the Aspen Institute (think tank), the Committee for Economic Development, the Carnegie Endowment for International Peace (think tank), Urban Institute (think tank), the New America Foundation, and the NPR.
 George Soros is the chairman for the Foundation to Promote Open Society, a board member for the International Crisis Group, and was a benefactor for the NPR.
Carla A. Hills is married to Roderick M. Hills, a board member for the International Crisis Group, and a life trustee at the Urban Institute (think tank).
Annette L. Nazareth was a trustee at the Urban Institute (think tank), and was a commissioner for the U.S. Securities and Exchange Commission.
Roger W. Ferguson Jr. is married to Annette L. Nazareth, a co-chairman for the Committee for Economic Development, was a trustee at the Carnegie Endowment for International Peace (think tank), and a director at the New America Foundation.
Paul G. Haaga Jr. is a director at the NPR, and was a senior attorney for the U.S. Securities and Exchange Commission.

No comments: