Disclosure and Shareholder Approval of Executive Remuneration Packages

This article by Edward Hauder of Exequity and Alan Judes of Strategic Remuneration was published in Benefits & Compensation International, Vol. 40, No. 8, April 2011, pp. 11-18. The article looks at the disclosure of executive pay packages and shareholders' rights to vote on those packages. The authors consider the statutory obligations of UK-listed companies to prepare a remuneration report and put it to an annual advisory shareholder vote, before considering its US equivalent, and comment on how the UK, and indeed Europe, have moved ahead in trying to regulate executive pay in the financial services sector.