In addition to serving as a tutorial on the differences between “executive officer” under Exchange Act Rule 3b-7 and Section 16 officers, “How Many ‘Executive Officers’ Should a Company Have?” from Perkins Coie (Broc Romanek) offers informal guidance to companies on when and how to consider tweaking the company’s executive officer organizational structure and the associated longer-term implications.
This post first appeared in the weekly Society Alert!