SEC Chairman Paul Atkins on Tuesday said he’s considering letting companies include fewer corporate leaders in executive compensation disclosures as the agency moves to reduce reporting requirements.
Companies must report the annual total compensation for their chief executive officers, chief financial officers, and at least three other executives who receive the highest pay, under Securities and Exchange Commission rules. Chief legal officers and other C-suite members often make the cut.
Atkins said in remarks prepared for a speech at the Texas A&M University School of Law that he was concerned about the scope of executive compensation disclosures, questioning whether extensive ...