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CEO Security – and Jet Use – Is a Necessity, Not a Perk, Argue NYSE and Top Law Firms

Posted on August 1, 2025: By Mike Kesner
CEO Security – and Jet Use – Is a Necessity, Not a Perk, Argue NYSE and Top Law Firms

The SEC’s test for distinguishing what constitutes a business expense versus a perquisite is out of step with how CEO work is conducted these days, as the rules were written in 2006, said Mike Kesner, partner at executive compensation consulting firm Pay Governance, in an email to Agenda.

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WRITTEN BY Mike Kesner
Mike has over 40 years of experience assisting compensation committees and senior executives on executive compensation matters, including incentive plan design, succession planning, shareholder relations, and M&A. He is a thought leader and has written several articles on executive compensation.
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