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	<title>The Harvard Law School Forum on Corporate Governance</title>
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	<title>Compensation Season 2011 &#8211; The Harvard Law School Forum on Corporate Governance</title>
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		<title>Compensation Season 2011</title>
		<link>https://corpgov.law.harvard.edu/2011/01/22/compensation-season-2011/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=compensation-season-2011</link>
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		<pubDate>Sat, 22 Jan 2011 14:16:55 +0000</pubDate>
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				<category><![CDATA[Executive Compensation]]></category>
		<category><![CDATA[Practitioner Publications]]></category>
		<category><![CDATA[Clawbacks]]></category>
		<category><![CDATA[ISS]]></category>
		<category><![CDATA[Say on pay]]></category>

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		<description><![CDATA[For many public companies, the new year marks the beginning of compensation season. Setting pay and targets for the new year, determining achievement of performance objectives for the past year and preparing the annual proxy statement contribute to a busy first quarter for compensation committees and management teams working with them. In 2011, companies will [&#8230;]]]></description>
				<content:encoded><![CDATA[<hgroup><em>Posted by Jeremy L. Goldstein, Wachtell, Lipton, Rosen & Katz, on Saturday, January 22, 2011 </em><div class='e_n' style='background:#F8F8F8;padding:10px;margin-top:5px;margin-bottom:10px;text-indent:2.5em;'><strong style='margin-left:-2.5em;'>Editor's Note: </strong> <p style="margin:0; display:inline;"><a href="http://www.wlrk.com/Page.cfm/Thread/Attorneys/SubThread/Search/Name/Goldstein,%20Jeremy%20L." target="_blank">Jeremy Goldstein</a> is a partner at Wachtell, Lipton, Rosen &amp; Katz active in the firm&#8217;s executive compensation and corporate governance practices. This post is based on a Wachtell Lipton firm memorandum by Mr. Goldstein, <a href="http://www.wlrk.com/MJSegal" target="_blank">Michael J. Segal</a>, <a href="http://www.wlrk.com/JMOBrien" target="_blank">Jeannemarie O&#8217;Brien</a>, <a href="http://www.wlrk.com/AJShapiro" target="_blank">Adam J. Shapiro</a> and <a href="http://www.wlrk.com/DKahan" target="_blank">David E. Kahan</a>.</p>
</div></hgroup><p>For many public companies, the new year marks the beginning of compensation season. Setting pay and targets for the new year, determining achievement of performance objectives for the past year and preparing the annual proxy statement contribute to a busy first quarter for compensation committees and management teams working with them. In 2011, companies will undertake these activities in a fluid environment, with executive compensation continuing to receive significant attention from shareholder activists, the government and the media. As companies prepare for the upcoming compensation season, they should consider the following items.</p>
<p> <a href="https://corpgov.law.harvard.edu/2011/01/22/compensation-season-2011/#more-15147" class="more-link"><span aria-label="Continue reading Compensation Season 2011">(more&hellip;)</span></a></p>
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