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Cheryl Wilke Discusses Dodd-Frank Mandate Requiring Disclosure of CEO Pay in Florida Trend

July 10, 2018

Hinshaw's Cheryl Wilke was quoted in the article "CEO Pay in Florida" published by Florida Trend. The article discusses the federal mandate under the Dodd-Frank law that requires public companies to divulge CEO pay. Although we've known for decades what CEOs make, this mandate provides additional insight into executive compensation by highlighting how CEO pay compares to the median income earned by employees.

Wilke acknowledges that the disclosures have "stirred discussions about fair pay and pay equality," and believes questions from employees, particularly those earning less than the median, are likely. She also warns against trying to compare median salaries and ratios among companies, because even "within an organization it can be apples to suspenders."

Read "CEO Pay in Florida," in the July 2018 edition of Florida Trend on their website (subscription may be required)

Hinshaw & Culbertson LLP is a U.S based law firm with offices in 11 states and London. The firm's national reputation spans the insurance industry, the professional services sector—including representation of law firms and lawyers—and other highly regulated industries, such as banking and finance and the debt collection sector. Hinshaw also provides a series of closely coordinated litigation, business advisory and transactional services to clients of all sizes as well as governmental and public sector entities.

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