Michael W. Peregrine Michael W. Peregrine

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Michael W. Peregrine represents corporations (and their officers and directors) in connection with governance, corporate structure, fiduciary duties, officer-director liability issues, charitable trust law and corporate alliances. Michael is recognized as one of the leading national practitioners in corporate governance law. Read Michael W. Peregrine's full bio.

The Accountability Pendulum Nudges Back Towards Executives


By on Mar 5, 2020
Posted In Employment, Executive Compensation

Several new, highly public developments showcase prominent executives being subjected to significant financial penalties, loss of employment and reputational damage arising from allegations that they bore responsibility for corporate scandals to which they contributed, directly or indirectly. Even though these developments are unique in their nature and scope, the sheer magnitude of the penalties asserted...

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Governing Health Podcast Series: Health Care Industry Executive Compensation Trends


By and on May 15, 2018
Posted In Employee Benefits, Executive Compensation

Executive compensation for the health care industry is always an important topic for the board, made even more critical by the provisions of the Tax Cuts and Jobs Act and recent governance trends. We’re joined by two of the leading health care industry voices on executive compensation practices: Tim Cotter of Sullivan, Cotter and Associates,...

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How the Tax Act Upsets the Board/Executive Compensation Committee Dynamic


By and on Jan 23, 2018
Posted In Executive Compensation

Michael Peregrine and Ralph DeJong wrote this bylined article about what they called the “enormous consequences” for tax-exempt hospital senior executive compensation due to the new Tax Cuts and Jobs Act provisions that place an excise tax on executive compensation and benefits. “From a corporate governance perspective, the significance of these new provisions carries the...

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Tax Reform Bill Becomes Law: Lessons for Tax-Exempt Organizations


By , , , and on Dec 28, 2017
Posted In Employee Benefits, Executive Compensation, Retirement Plans

Tax-exempt organizations—especially hospitals and health systems—face a new tax reality now that both houses of Congress have voted to pass the final tax reform bill. Continue Reading.

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Advising the ‘Cultural Revolution’ in the Boardroom


By on Apr 25, 2017
Posted In Employment

Michael Peregrine wrote this bylined article analyzing what he called the “significant emerging governance trend” in which corporate boards proactively exercise “more vigorous and direct oversight of the organization’s corporate culture,” reflecting “an increasing awareness of how matters of culture and reputation correlate to the success of an organization, and to the board’s efforts to sustain...

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Clawbacks, Compliance and Incentive Compensation: A Supplemental Approach


By and on Jun 26, 2014
Posted In Executive Compensation

The following post comes to us from Michael W. Peregrine, Partner at McDermott Will & Emery, Andrew C. Liazos, head of McDermott’s executive compensation practice, and Timothy J. Cotter, Managing Director at Sullivan, Cotter, and Associates, Inc.  Governing boards should consider compliance-based incentive compensation as a supplement to statutorily mandated “clawback” provisions, and as an...

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