By now you may be familiar with the basics of the SEC's new pay versus performance (PVP) disclosure rule adopted in August. With few exceptions the PVP rule impacts public companies filing proxies for fiscal years closing on or after December 16, 2022. Join our panel of experts to gain a clear understanding of what’s required to disclose in your 2023 proxy.
You’ll learn:
- Learn about the three main components of the new rule.
- Review points of clarification discovered while collecting data and drafting disclosures.
- Understand potential unintended consequences.
- Hear how to address the key decisions management and compensation committees need to make.
Steve Seelig is a senior director in the Center for Research and Innovation of WTW in Arlington, Virginia.
Steve serves as the firm’s expert on matters involving the taxation, accounting and legal implications (including SEC disclosure requirements) of all forms of executive compensation, benefit and perquisite programs. Steve is a frequent public speaker on executive compensation matters and a prolific author.
Follow him and other Willis Towers Watson consultants at the Executive Compensation Matters blog. Steve is a member of the District of Columbia and New York State bars. He holds an LL.M in Taxation from Boston University Law School, A Juris Doctor from Catholic University Law School and a Bachelor of Arts degree from the University of Rochester. Before joining Willis Towers Watson, Steve worked in the National Tax Office of a (then) Big 5 accounting firm.
Karen Astarita has more than 25 years of experience in compensation, benefits, and employee wellbeing. Prior to building her consulting practice, she spent more than six years with Travel + Leisure Co. in an executive capacity, having established the company’s corporate Total Rewards function after the spin-off from its hotel group.
Karen’s work has spanned executive and broad-based compensation, global benefits, HRIS, and performance management. She has led major reward program redesigns and supported large-scale business integrations at global consumer products companies, including Newell Brands and Unilever. A WorldatWork faculty member since 2021, Karen brings both strategic insight and operational know-how to the classroom. She is an active member of WorldatWork’s Executive Rewards Advisory Council and a Certified Compensation Professional (CCP®).
Karen earned her BS from Cornell University’s School of Industrial and Labor Relations and an MBA in Finance and Marketing from the Simon School of Business at the University of Rochester.
