Four out of five companies with market caps of $10 billion or more require executives to give back incentive-based compensation in amounts and for reasons that go beyond what the Securities and Exchange Commission requires in its clawback rules that took effect in January, according to an analysis of 2024 proxy filings by FW Cook.
Almost 70% of these companies apply clawbacks to more executives than what the SEC calls Section 16 executives in its rules. READ MORE