In The Press May 11, 2020

Boards Face ‘Real Distaste’ on Pay Discretion (Agenda)

Performance goals set early this year by the boards of calendar-year companies may be largely irrelevant since the Covid-19 pandemic set the stock market spiraling and companies scrambling. Goodwin’s Lynda Galligan and Alexandra Denniston, both partners in the firm’s ERISA and Executive Compensation practice, discuss scenario planning for discretionary awards or adjustments to metrics even in the uncertain current economic situation. Read the article in Agenda here