Issue link: https://digital.shearman.com/i/1512772
Shearman & Sterling LLP Executive Perquisites | 104 53 53 50 39 40 21 14 2 4 7 8 80 36 21 14 2 4 7 8 Who is Entitled to Personal Use of Corporate Aircraft? All NEOs CEO only CEO and CFO CEO, CFO and other NEO 25 49 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 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 1 5 Perk gross-ups overtime At one point, over 50% of the annual Top 100 Companies provided for a perk gross-up Data Executive Perquisites Perk changes While the number of Top 100 Companies offering perks remained steady as compared to previous years, this year we saw a decrease in the overall number of perks being offered by companies. 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.