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Government

Apr. 25, 2012

Bill would force more compensation disclosure

California state senator wants to force companies to disclose annually how much retired executives are being paid.


By David McAfee


Daily Journal Staff Writer


A California state senator wants to force companies to disclose annually how much retired executives are being paid.


The measure, SB 1208, is an effort to force more corporate transparency in executive pay in the wake of financial scandals that have rocked the nation's economy since 2008.


Sen. Mark Leno's bill, the Corporate Executive Retirement Sunshine Act, would make California th...

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