Say on Pay: Where We Are and How Do
We Make it Work?
and the National Association of Corporate Directors, NY Chapter, are
jointly hosting a program entitled Say on Pay: Where We Are,
and How Do We Make it Work? on October 21, 2009 from 10am
until 2pm at TIAA-CREF's headquarters in New York City. This follows up on
our successful April 2009 conference, The Say on Pay Advisory
Vote is Here, Now What?
Our concept is to provide a forum for the various groups in the
Say on Pay debate to conduct a rational, coherent,
above-the-fray dialogue on the purpose, value, merits, challenges and
mechanics of Say on Pay advisory votes. By
fostering a constructive dialog among investors, board directors and
company management, we hope to assist each group to understand the
viewpoints of the other constituencies in the debate, and to consider how
an advisory vote can be a constructive tool for both the investment and
business communities. One goal is to soften the rhetoric that has erupted
over executive compensation, in search of common ground. This is
especially timely as we examine and reflect on the results of the 2009
proxy season, while at the same time consider important emerging
developments in the area, including pending federal legislation.
We do not expect all the questions to be answered, and may likely leave
with more questions than we started with. However, we strongly believe
that open and frank dialogue is the best way to ensure we extract the most
value from the significant resources that are being committed around the
"Say on Pay" vote by the governance community.
Registration & Networking
Welcome Address and Topic
Panel #1 -
Say on Pay - An Examination of Where We Are and How We Got Here
Arthur C. Martinez,
Chairman of the Board, HSN, Incorporated; Director Nominee, American
International Group, Incorporated; Lead Director, International
Flavors & Fragrances Inc.; and Director: IAC/InterActiveCorp, PepsiCo,
Incorporated and Liz Claiborne, Incorporated
Kenneth P. Kopelman,
Partner, Kramer Levin Naftalis & Frankel LLP
Kenneth A. Bertsch,
Executive Director, Corporate Governance
Morgan Stanley Investment Management, Global Equity Group
Hye-Won Choi, Senior
Vice President, Head of Corporate Governance, TIAA-CREF
Luncheon - with remarks
by TIAA-CREF President
& CEO, Roger W.
Panel #2 -
Say on Pay - How Can We Make it Work?
Donna F. Anderson,
CFA, Vice President and Head of Global Corporate Governance, T. Rowe
Price Associates, Inc.
Edward J. Durkin,
Director, Corporate Affairs Department United Brotherhood of
Mary R. (Nina)
Henderson, Lead Director, Del Monte Foods Company; Director,
Pactive Corporation, AXA Financial; Founder, Henderson Advisory
Jeffrey N. Gordon,
Alfred W. Bressler Professor of Law, Columbia Law School
Mary Louise Weber,
Assistant General Counsel, Verizon, Inc.
Wednesday, October 21,
9:30 am - 2:00 pm
730 Third Avenue, New York, NY 10017
$40 for NACD Members
All Others - $75