SEARS SEEKS TO ENFORCE NON-COMPETE PROVISION AGAINST EXECUTIVE

In a 17 May 2011 article, Crain’s Chicago Business reported that Sears Holdings Corporation sued its erstwhile Senior Vice President Nicholas P.M. Coe to enjoin him from working for its perceived direct competitor, Limited Brands, Inc.  Mr. Coe ran Sears’ Lands’ End business unit.  At Limited Brands, Inc. Mr. Coe serves as CEO of Bath… Read More SEARS SEEKS TO ENFORCE NON-COMPETE PROVISION AGAINST EXECUTIVE

CONTINUED RISE IN PERFORMANCE-BASED EXECUTIVE COMPENSATION

Pay-for-performance-executive compensation has increased. According to the 09 May 2011 Wall Street Journal, “Of the 350 companies in [The Wall Street Journal/Hay Group compensation] survey, 238 gave the CEO some form of performance-based award last year, up from 204 the prior year.” As a result of the Dodd-Frank legislation, shareholders in public companies exert more… Read More CONTINUED RISE IN PERFORMANCE-BASED EXECUTIVE COMPENSATION

COMPANIES TRENDING TOWARD MORE SHARE-BASED COMPENSATION

My recent experience suggests companies continue to move toward more share-based compensation for their executives. Cash compensation is declining in relative proportion to share-based compensation.  Also, the use of restricted stock and restricted stock units is expanding in relation to stock options.  This development is evident in the information technology sector as I have seen in my… Read More COMPANIES TRENDING TOWARD MORE SHARE-BASED COMPENSATION

TO FRIEND & TO TWEET: PROFESSIONAL USES FOR FACEBOOK & TWITTER

G. A. Finch interviews Heather Harper, associate executive director of the John Marshall Law School Center for Real Estate in Chicago.  Harper formerly practiced law at Paul Hastings and Sidley Austin.  Finch and Harper both presented on Networking 104: Navigating the Social Web at the John Marshall Law School.  This interview follows up on Harper’s presentation.… Read More TO FRIEND & TO TWEET: PROFESSIONAL USES FOR FACEBOOK & TWITTER