s 43095 1177041600 false 1177041600 1181 594 110 400629

4/20/2007--Introduced.<br/>Shareholder Vote on Executive Compensation Act - Amends the Securities Exchange Act of 1934 to require a proxy, consent, or authorization for a shareholder meeting occurring on or after January 1, 2009, to permit a separate shareholder vote to approve executive compensation. States that such shareholder vote shall not be binding on the board of directors, nor construed: (1) as overruling a board decision; (2) to create or imply additional fiduciary duty by such board; and (3) to restrict or limit shareholder ability to make proposals for inclusion in proxy materials related to executive compensation. Requires proxy solicitation material for a shareholder meeting occurring on or after January 1, 2009, concerning disposition of substantially all of an issuer's assets, to disclose compensation agreements or understandings with the principal executive officers of either the issuer or acquiring issuer regarding any type of (golden parachute) compensation which: (1) relates to such disposition; and (2) has not been subject to a shareholder vote. Provides that proxy solicitation material containing such executive compensation disclosures shall require a separate shareholder vote to approve such agreements or understandings. States that such shareholder vote shall not be binding on the board of directors, nor construed: (1) as overruling a board decision; (2) to create or imply additional fiduciary duty by such board; and (3) to constrain shareholder ability to make proposals for inclusion in proxy materials related to executive compensation.<br/>

1177041600 2007-04-20 Fri Nov 07 14:45:23 -0600 2008 introduced 43095 'act':8 '1934':10 'bill':2 'vote':17 'amend':4 'secur':6 'execut':19 'provid':12 'compens':20 'exchang':7 'advisori':16 'sharehold':13 45885 official introduced 43095 'act':6 'vote':2 'execut':4 'compens':5 'sharehold':1 49992 short introduced 43095 1177041600 Fri Apr 20 00:00:00 -0500 2007 109275 O000167 1961-08-04 Barack 'obama':2,4,6 'barack':1,3,5 M 400629 Obama Barack_Obama Barack Obama N00009638 54312 Democrat United Church of Christ Barack Obama 3.72651356993737 B000944 1952-11-09 713 Hart Senate Office Building http://brown.senate.gov/contact/ 202-228-6321 Sherrod 'd':4 'oh':5 'sen':1 'brown':3,7,9 'sherrod':2,6,8 M 400050 Brown Sherrod_Brown Sen. Sherrod Brown [D, OH] N00003535 13169 Democrat 202-224-2315 Lutheran OH Sherrod Brown 3.63076923076923 http://brown.senate.gov/ SherrodBrownOhio D000563 1944-11-21 309 Hart Senate Office Building http://durbin.senate.gov/contact.cfm 202-228-0400 Richard 'd':4 'il':5 'sen':1 'durbin':3,7,9 'richard':2,6,8 M 300038 Durbin Richard_Durbin J. Sen. Richard Durbin [D, IL] N00004981 16452 Democrat 202-224-2152 Roman Catholic IL Dick Richard Durbin 3.92929292929293 http://durbin.senate.gov H000206 1939-11-19 731 Hart Senate Office Building http://harkin.senate.gov/c/index.cfm 202-224-9369 Thomas 'd':4 'ia':5 'sen':1 'tom':8 'thoma':2,6,9 'harkin':3,7,10 M 300051 Harkin Tom_Harkin Sen. Thomas Harkin [D, IA] Tom N00004207 9271 Democrat 202-224-3254 Roman Catholic IA Tom Thomas Harkin 3.22222222222222 http://harkin.senate.gov/ SenatorTomHarkin J000177 1946-12-28 136 Hart Senate Office Building http://johnson.senate.gov/contact/ 202-228-5765 Tim 'd':4 'sd':5 'sen':1 'tim':2,6,8 'johnson':3,7,9 M 300058 Johnson Tim_Johnson P. Sen. Tim Johnson [D, SD] N00010084 7872 Democrat 202-224-5842 Lutheran SD Tim Johnson 4.07692307692308 http://johnson.senate.gov/ K000148 1943-12-11 218 Russell Senate Office Building http://kerry.senate.gov/contact/email.cfm 202-224-8525 John 'd':4 'ma':5 'sen':1 'john':2,6,8 'kerri':3,7,9 M 300060 Kerry John_Kerry Forbes Sen. John Kerry [D, MA] N00000245 13981 Democrat 202-224-2742 Roman Catholic MA John Kerry 2.64 http://kerry.senate.gov/ L000261 1934-06-28 269 Russell Senate Office Building http://levin.senate.gov/contact/ 202-224-1388 Carl 'd':4 'mi':5 'sen':1 'carl':2,6,8 'levin':3,7,9 M 300066 Levin Carl_Levin Sen. Carl Levin [D, MI] N00001691 25111 Democrat 202-224-6221 Jewish MI Carl Levin 2.13333333333333 http://levin.senate.gov/ M000639 1954-01-01 528 Hart Senate Office Building http://menendez.senate.gov/contact/contact.cfm 202-228-2197 Robert 'd':4 'nj':5 'bob':8 'sen':1 'robert':2,6,9 'menendez':10 'menéndez':3,7 M 400272 Menéndez Robert_Menendez Sen. Robert Menéndez [D, NJ] Bob N00000699 13685 Democrat 202-224-4744 Roman Catholic NJ Robert Menendez 2.11764705882353 http://menendez.senate.gov/ SenatorMenendezNJ R000122 1949-11-12 728 Hart Senate Office Building http://reed.senate.gov/contact/contact-share.cfm 202-224-4680 John 'd':4 'ri':5 'sen':1 'jack':8 'john':2,6,9 'reed':3,7,10 M 300081 Reed Jack_Reed F. Sen. John Reed [D, RI] Jack N00000362 8757 Democrat 202-224-4642 Roman Catholic RI Jack John Reed 2.875 http://reed.senate.gov/ introduced 43095 1177041600 Fri Apr 20 00:00:00 -0500 2007 109275 action 43095 1177041600 Fri Apr 20 00:00:00 -0500 2007 109276 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.