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Sep 30, 2006

Going fishing: advice on options backdating and introducing new management

Q&A advice on the options scandal and introducing a new management team

Q - The options backdating scandal has brought executive compensation to the forefront of shareholders’ thoughts. While our company has not been implicated, we have had a few questions about our top executives’ options packages recently. Our options policy is spelled out in the proxy, but do you think we should be more overt in clarifying it? A - Given the fact that this issue is top of mind with most investors, I am not too surprised that you are getting the general ‘fishing’

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Hulus Alpay

Hulus Alpay is senior vice president of New York-based IR and PR firm Makovsky & Company.
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