From: Jill Alo
Sent: April 6, 2006
To: rule-comments@sec.gov
Subject: File No. S7-03-06

Securities and Exchange Commission

Dear Securities and Exchange Commission,

Please act on your proposed ruling on executive compensation disclosure. Without better disclosure, shareholders, employees and the general public cannot evaluate whether executive pay packages are unjustly enriching executives at shareholder cost or providing fair compensation.
The new requirements to disclose total compensation figures, pensions and detailed compensation breakdowns will make it clear exactly how much top executives are earning and why. It's about time, with so many downsized and outsourced workers in the US now,

I believe that CEO pay should be set by independent directors.
Shareholders should be told if directors have potential conflicts of interest, no matter what the amount.

Please also require companies to disclose pay-for-performance data. In order for investors to understand how pay and performance match up, companies need to explain more clearly what level of performance is necessary for a particular level of pay. I urge the SEC to require companies to disclose both the performance criteria and the performance targets they use when setting executive pay. Thank you!

Sincerely,

Jill Alo
2008 westridge Dr
Austin, Texas 78704