Shearman & Sterling LLP Executive Perquisites | 88
62
56
53
51
38
23
14
8
7
6
2
83
36
23
14
8
7
6
2
Who is Entitled to Personal Use of
Corporate Aircraft?
All NEOs
CEO only
CEO
and CFO
CEO, CFO
and other
NEO
20
44
Personal use of aircraft
Financial planning/tax preparation
Automobile/parking/car and driver
Home or personal security
Supplemental life or disability insurance
Executive physical
Matching charitable contributions
Tickets to sporting or entertainment events
Personal use of club memberships
Perk allowance
Legal fees
Enhanced products or services
Perk Changes
While the availability of an airplane
perk remained steady as compared
to previous years, this year we
saw an increase in financial or tax
planning offerings, as well as life/
disability insurance and charitable
matching contributions.
of the Top 100 Companies provide
executive perks
96
of the Top 100 Companies disclosed that
they provide tax gross-ups on some or all
perks provided to executives
11
2
19
Perk Enforcement
While SEC enforcement of incorrect
perk disclosure is nothing new, we
have seen a number of enforcement
actions in the past few years, largely
related to executive airplane usage.
Perk Gross-Ups Overtime
At one point, over 50% of the annual Top 100
Companies provided for a perk gross-up
Data
Executive Perquisites
