Executive compensation remains a hot issue. This program will discuss the following: (1) proxy advisors say-on-pay assessment process and voting outcome; (2) lawsuits claiming breach of fiduciary duty resulting from failed say-on-pay votes; (3) compliance with Internal Revenue Code Section 162(m); (4) shareholder outreach to discuss company pay practices, compensation plans and decisions; (5) Dodd-Frank rules on compensation committee and advisor independence; and (6) pending Dodd-Frank regulations relating to compensation, including pay for performance, pay disparity and clawbacks.