• M&A Executive Compensation Enhancements and Impact on the Say-on-Golden-Parachute Vote: Review Shows that Companies Continue to Adopt Deal-Related Enhancements and that Many Enhancements do not Negatively Impact the Say-on-Golden-Parachute Vote
  • December 19, 2013
  • Law Firm: Sullivan Cromwell LLP - New York Office
  • We have reviewed the 365 merger agreements that were announced during the two years after the “Say-on-Golden-Parachute” vote rule went into effect on April 25, 2011 and that were subject to the rule. 1 We found that 39 companies (11% of the total) substantively enhanced executive compensation arrangements in connection with the transactions.