With a new election and administration, there also are projected impacts on proxy preparation for 2021 and beyond. McDermott partner Andrew Liazos, member and immediate past chair of the ABA’s National Institute of Executive Compensation, led a discussion together with Sharon S. Briansky, associate general counsel and secretary at Thermo Fisher Scientific along with Bindu Culas, managing director at F.W. Cook. Topics addressed include: adjustments to existing short- and long-term incentive awards, the use of new performance metrics for social justice and environmental, social and corporate governance (ESG), new human capital disclosures for 2021, the impact of Institutional Shareholder Services (ISS) policy changes on compensation and disclosure practices and what to consider when requesting shares for equity plans in the current environment.
Employees gathering with friends, expressing their political views and posting about these things on social media have created for employers an increasingly urgent question: When the people engaging in unsafe or politically charged behavior are your employees, and the conduct happens off the clock, is it appropriate or even possible to discipline them?
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