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SEC charges Express with failing to disclose $1m in perks to former CEO

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Photo: Christopher Furlong/Getty Images

Julie DiMauro

1 min read
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The SEC said the company understated the “All Other Compensation” portion of its CEO’s compensation by an average of 94 percent over three fiscal years.

The SEC announced it settled charges with apparel retailer Express, Inc, which went bankrupt earlier this year, for failing to disclose executive compensation it paid to its former CEO. 

The agency did not identify the former chief executive by name, but said it involved proxy statements for fiscal years 2019,

Perks

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