Do you want to know about a CEO or company not listed in the Executive
PayWatch database? Are you looking for additional information about the
compensation of a chief executive or other top executives? This
information is available from proxy statements filed with the U.S.
Securities and Exchange Commission (SEC) and the filings are readily
available on the Internet.
What are proxy statements? Publicly traded companies must provide proxy
statements to shareholders to describe matters that will be voted upon
at annual meetings, such as the election of directors, approval of
executive compensation packages, amendments to corporate charters or
company bylaws, or other key issues such as mergers. Proxy statements
also inform investors about shareholder proposals that will be voted
upon at the annual meeting. The SEC requires companies to disclose
details of executive compensation of the top five paid officials, as
well as describe nominees for the board of directors.
Enter the company
name or ticker symbol and select "Find Companies."
The SEC site will
display the company's filings or display a list of companies matching
the name you entered. Choose the company name that best matches what
you are looking for.
When you get to the
page displaying all of a company's SEC filings, find the most recent
Form DEF 14a. Alternatively, you can limit your search by entering "DEF
14A" in the Form Type box and selecting "Search".
Click on the
'Documents' button for the DEF 14A filing you are interested in. On the
next page you will then need to click on the top hyperlink to view the
proxy statement.
The proxy statement
usually contains a table called the Summary Compensation Table that
shows three-years of compensation data for a company's named executive
officers. This is part of the Executive Compensation section (typically,
this is near the middle or end of the document). You can use the FIND
command on your browser or word processing program to locate this
section.
Watch AFL-CIO President Richard Trumka discuss the 2010 Executive PayWatch. This year's PayWatch spotlights Wall Street bankers and their outrageous pay and lobbying efforts against financial reform. More Videos