COVID-19: Certain Executive Compensation Considerations

On March 26, 2020, Cravath released a resource for clients entitled “COVID‑19: Certain Executive Compensation Considerations,” which provides an overview of issues faced by companies in the current environment in maintaining adequate incentive compensation programs to drive business performance and retain key leaders and talent. The resource examines potential equity grant timing issues and issues relating to the adjustment of currently outstanding grants, such as the adjustment of performance goals and stock option repricing. The resource also discusses share pool planning in light of equity market declines, as well as liquidity preservation matters and strategies.

Please click here to read the resource.