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Corporate governance expert Elson to testify 4:53 p.m., Sept. 5, 2006--Charles Elson, Edgar S. Woolard Jr. Chair and director of the University of Delaware's John L. Weinberg Center for Corporate Governance, will testify Wednesday, Sept. 6, before the U.S. Senate Committee on Finance. Elson is one of six witnesses who will address the Senate beginning at 10 a.m. concerning executive compensation and specifically the backdating of stock options and the tax treatment of compensation, retirement and benefits. Other witnesses are Paul J. McNulty, deputy attorney general in the Department of Justice; Mark Everson, commissioner with the Internal Revenue Service; Linda Thomsen, director of the enforcement division of the Securities and Exchange Commission; Nell Minow, editor of The Corporate Library; Lucian A. Bebchuk, professor at the Harvard Law School; and Steven Balsam, professor at Temple University. For details, see the Senate committee web site at [www.senate.gov/~finance/index.html]. |
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