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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, Partner-in-Charge of the firm's Ft. Lauderdale office, 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. law firm with 450 attorneys located in 11 states and London. Founded in 1934, the firm has a national reputation for its insurance industry work, its representation of professionals and law firms, and its closely coordinated business advisory, transactional and litigation services. We serve clients ranging from emerging and middle-market businesses to Fortune 500 companies, as well as governmental and public sector clients.

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