Shearman And Sterling

Event April 23, 2020

COVID-19: Difficult Decisions and Best Approaches

  • Webcast

Partner Gillian Emmett Moldowan (New York – Compensation, Governance & ERISA) was a panelist for a webinar discussing how companies are adjusting their approaches to executive compensation in light of the COVID-19 pandemic. The panelists shared insights on:

  • Decision-making processes as to whether companies should make reductions to executive base salaries or target compensation in 2020
  • Limits on executive compensation under the CARES act, which companies are subject to the limits
  • What open questions remain about rules interpretation
  • Ways to address the impact of COVID-19 on your annual incentive plan