The SEC says the insurer failed to disclose more than $5.3 million in perks that it provided to former CEO Mark Watson from 2014 through 2018.
An SEC investigation found the company failed to disclose around $3 million in perks provided to former CEO Andrew Liveris.
Executive compensation packages often include perquisites that can go unnoticed by investors. But how much are perks really worth?
MDC Partners settles $1.5 million case for failing to disclose CEO perks and violating rules on reporting non-GAAP metrics.
For a second straight year following a sharp drop in 2012, the median value of CFO perquisites was $24,900 among Fortune 500 companies.
Two former CFOs are among four executives charged along with the company.
