“The current economic crisis, precipitated by the meltdown in the financial services industry, has led to a loss of public trust in corporations and other institutions. Executive compensation has become a flashpoint for this frustration and anger. One of the missions of The Conference Board and its Governance Center is to convene independent thought leaders to participate in a substantive dialogue on the most pressing governance matters. As part of this mission, the Governance Center established the Task Force on Executive Compensation to provide an independent review of the issues related to executive compensation. In addressing these issues, the task force and its advisory group brought together directors, shareholders, experts in compensation, governance and law, and members of academia.”
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