Plans for Initial Open Meeting on
October 14, 2008
The date for the first open meeting of the Shareholder Forum
program for “Say on Pay” has been set for Tuesday, October 14, 2008.
It will be conducted from 3:00PM to 5:00PM at a New York City location to
As you might have assumed from the Forum distributions, this
initial SOP meeting’s objective of defining
relevant issues will be challenging. Some of what needs to be
considered has been suggested in
Jeffrey Gordon’s paper and responsive comments, and we have invited
Professor Gordon to start the meeting with a review of his observations.
To help us understand the broader context of European investor and
regulatory reactions to executive compensation issues, we have also
Professor Eric Nowak of the Swiss Finance Institute and University of
Lugano to discuss his observations as a member of the Advisory Board of
European Group for Investor Protection (“egip”). Focusing on how
investor and corporate decision-makers might deal with a US adoption of
SOP, we plan to organize one or more informal workshops to develop
suggestions of practical information and procedural requirements that
might be considered at the meeting.
Your advice to guide our development of the meeting agenda
will be welcomed. I will of course be reporting more details of the
meeting as we progress with plans.
GL – August 27, 2008
Lutin & Company
575 Madison Avenue, 10th Floor
New York, New York 10022