Skip to main content
5-117.7

SECTION 14B—Corporate Governance (15 USC 78n-2)

Not later than 180 days after the date of enactment of this subsection, the Commission shall issue rules that require an issuer to disclose in the annual proxy sent to investors the reasons why the issuer has chosen—
(1) the same person to serve as chairman of the board of directors and chief executive officer (or in equivalent positions); or
(2) different individuals to serve as chairman of the board of directors and chief executive officer (or in equivalent positions of the issuer).
[15 USC 78n-2. As added by act of July 21, 2010 (124 Stat. 1915).]

Back to top