Martin Rosenbaum's Commentary Published in Minneapolis StarTribune
August 11, 2006
Maslon partner Martin Rosenbaum was the author of a commentary on executive compensation, "Crunch Time at Hand for Executive Pay?", that was featured in the Minneapolis StarTribune's Business Forum column on August 7, 2006. The Business Forum features opinions and commentary from Twin Cities business leaders on current events.
Marty's column first discusses the recent public outcry over executive pay: "There are many cases of uncontrolled compensation practices at public companies. . . . For years, institutional investors have tried to hold directors accountable. These voices are starting to be heard."
He then describes the new disclosure rules for executive pay recently adopted by the Securities and Exchange Commission. Marty explains that the new rules will have a greater impact than many commentators think: "Board members will have to justify troublesome compensation decisions in greater detail than ever before. This comes at a time when several other factors have increased directors' sensitivity about how these decisions are perceived."
Martin Rosenbaum has more than 22 years experience advising public and privately held companies and executives on executive compensation matters, corporate governance issues and securities and corporate matters. His practice also includes initial public offerings, private placements, venture capital financings and mergers and acquisitions involving public and private companies. Rosenbaum received his law degree from Yale Law School.