Partners John Wilson (San Francisco-Capital Markets) and Doreen Lilienfeld (New York-Executive Compensation & Employee Benefits) co-authored an article, "Implications of the Dodd-Frank Act on Corporate Governance Preparation for IPO Issuers" on boardmember.com.
The article examines the governance choices and best practices IPO issuers are implementing in light of the Dodd-Frank Act and also provides a primer on the key considerations for companies going public.
Wilson and Lilienfeld cover significant corporate governance issues, including board and committee independence, shareholder voting and anti-takeover measures. They also look at new provisions required by Dodd-Frank, including proxy access, clawback policies, mandatory say-on-pay voting, disclosure and voting on golden parachutes, compensation committee adviser independence, chairman and CEO disclosures, hedging, additional compensation-related disclosures, and whistleblower protection.