Executive Compensation Disclosure Memo Series (Part 6 of 6)

Corporate Governance Disclosures

Part 6, and the final installment, of our Executive Compensation Disclosure Memo Series summarizes the expanded corporate governance disclosure requirements under newly adopted Item 407 of Regulation S-K and, for small business issuers, Regulation S-B.

The new rules expand prior disclosure requirements regarding director independence and corporate governance matters, and consolidate governance-related disclosure requirements in new Item 407.

The corporate governance disclosures described below, like the Compensation Disclosure and Analysis and related executive compensation disclosures, must be provided in plain English under the new rules.