AFR Conference: Executive Pay and the Dodd-Frank Consumer Protection Act

Please see below for an agenda, video, and supplemental materials from the conference:

Americans for Financial Reform
invites you to a conference on

Executive Pay and the Dodd-Frank Act

Monday, December 12, 2011
1:30–5:30 p.m.

Gompers Room
815 16th St., N.W.
Washington, DC

New reforms mandated in the Dodd-Frank Act could lead to the most significant changes in Federal oversight of executive pay in a generation.  In the financial sector, Section 956 of the Act prohibits excessive bank bonuses that encourage inappropriate risk-taking by financial institutions. Reforms to executive pay more broadly include major new disclosure requirements on pay disparity and new mechanisms for shareholder voice in setting top executive pay. Join us for a discussion of the implementation and possible impact of these changes, as well as the issue of executive pay more generally.

Conference Moderator: Lisa Donner, Executive Director of Americans for Financial Reform

1:30 p.m. Opening Remarks by AFL-CIO President Richard Trumka –Watch Video Here

Keynote Speaker: Rep. Elijah Cummings (D-Md.), ranking member of the House Oversight and Government Reform Committee – Watch Video

2–3:30 p.m. Say on Pay, the Pay Disparity Ratio and Other Pay Provisions in Dodd-Frank


J. Robert Brown Jr., Professor, Sturm College of Law, University of Denver
Sarah Anderson, Global Economy Project Director, Institute for Policy Studies
Anne Sheehan, Corporate Governance Director, California State Teachers’ Retirement System
Moderator: John Keenan, Corporate Governance Analyst, AFSCME

3:30–3:45 p.m. Break 

3:45 p.m.–5:15 p.m. Executive Pay and Controlling Risk At Financial Institutions: Section 956 of the Dodd-Frank Act


Robert J. Jackson Jr., Associate Professor, Columbia Law School, and former Senior Adviser to the U.S. Treasury Department on Executive Compensation and Corporate Governance
William K. Black, Associate Professor of Economics and Law, the University of Missouri–Kansas City, and former Litigation Director, Federal Home Loan Bank Board
Brian Bolton, Assistant Professor of Finance, Portland State University
Moderator: Eleanor Bloxham, CEO of The Value Alliance and Corporate Governance Alliance.

5:30–7:30 p.m.


 Supplemental Materials From:

California State Teachers Retirement System to Nabors Industries Ltd.California State Teachers Retirement System to Abercrombie and Fitch Ltd.

IPS’ Annual Executive Compensation Survey “The Massive CEO Rewards for Tax Dodging”

 Eleanor Bloxham’s “The Value Alliance and Corporate Governance Alliance”

Eleanor Bloxham’s Comments to Federal Regulators on Executive Compensation

SEC’s Statute 956 Enhanced Compensation Structure Reporting

University of Kansas’ William K. Black’s Statement Before the U.S. House Financial Services Committee

University of Colorado’s Sanjai Bhagat and University of Portland’s Brian Bolton “Bank Executive Compensation And Capital Requirements Reform”

 AFR’s Comment to the SEC on Executive Compensation

Robert Jackson’s Comment to the SEC on Executive Compensation