Business Leaders Welcome SEC Reconsideration of CEO Pay Ratio Rule | Business Roundtable


  • General Inquiries
  • Mailing Address
    300 New Jersey Avenue, NW
    Suite 800
    Washington, D.C. 20001
  • Media Contact
    Betsy Andres Stewart
    Senior Director

Membership Contact
LeAnne Redick Wilson
Senior Vice President


What is Business Roundtable

Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies working to promote sound public policy and a thriving U.S. economy.

Washington — Following Acting Securities and Exchange Commission (SEC) Chairman Michael Piwowar’s announcement that the SEC will reconsider the CEO pay ratio rule, Joshua Bolten, President and CEO of Business Roundtable, today released the following statement:
“Business Roundtable welcomes the SEC’s announcement that it will reconsider the CEO pay ratio rule.
“CEO compensation is already publicly disclosed. The pay ratio rule, which requires chief executives to certify what is an arbitrary and often meaningless number, provides no material information to shareholders or investors.
“Public companies provide significant disclosures that are meaningful for market participants. Reconsidering the CEO pay ratio rule is consistent with the SEC's mission to focus on rules that protect investors, maintain fair and orderly capital markets and facilitate the creation of long-term shareholder value.”
For more information on the Business Roundtable efforts to create more momentum for America, visit