April 10, 2014
This is to let you know that I support Dodd-Frank rule 953(b), which strikes me as being all about the intersection of pay equity and investor value. Disclosing corporate pay ratios between CEOs and average employees will finally show which corporations are driving this trend, which siphons money away from investors, and into the pockets of CEOs. In 1990, senior executive pay absorbed 5 percent of corporate profits. Today, according to Government Metrics International, it absorbs 10 percent.
I urge you to stand firm and implement a strong rule that will uphold the intent of the Dodd-Frank law.
Thank you for considering my comment,
Diane Holmes
Nashville, TN