Suggestions
Divya Patel
Expert in SEC Reporting and SaaS Representation
Divya Patel is the Senior Vice President and Director of Business Development at RDG Filings, Inc., a role she has held since August 2021. She has been with RDG since February 2012, progressively advancing from Vice President of New Business Development to her current position. Her work focuses on representing software as a service (SaaS) solutions that assist publicly traded companies with their SEC compliance needs, including document filing and reporting.
Professional Background
-
Experience at RDG Filings, Inc.:
- SVP, Director of Business Development (August 2021 - Present)
- SVP of Business Development & Retention (July 2014 - August 2021)
- Vice President Of New Business Development (February 2012 - July 2014)
-
Previous Roles:
- SEC Reporting at Prologis (April 2010 - June 2011)
- Senior Auditor at EisnerAmper LLP (October 2007 - September 2009)
- Auditor at PwC (August 2005 - August 2007)
Achievements
Divya has achieved notable successes in her role, including:
- Leading RDG to become the fourth most active SEC compliance company in the industry.
- Achieving a 98% contract renewal rate, reflecting strong client loyalty and satisfaction.
- Driving significant growth in Q1 2019 and Q2 2020, surpassing competitors in the SaaS space.
Education and Skills
Divya holds degrees from Boston University and has completed a course on communication skills from Stanford University. She is proficient in English, Spanish, and Gujarati.
Her expertise lies in strategic consulting, contract negotiations, and building long-term relationships with clients across various market segments, including SMBs and Fortune 100 companies.
Highlights
The SEC updated the SEC templates for Annual Report form types 10-K, 20-F, and 40-F by adding two new required checkboxes on the cover page. Issuers must update the 10-K cover pages with the new content for their upcoming annual report filing. Attached the verbiage- the new language should follow the checkbox information for the Section 404 attestation language and before the checkbox for the shell company information.
The Proxy is now subject to iXBRL tagging.
The SEC has moved forward with the pay versus performance requirement as required under the Dodd-Frank Act.
Almost all public companies filing a proxy statement on or after 12/16/2022 will be subject to new disclosure requirements:
· Disclosure of certain financial performance measures, including TSR for the company and its peers and the company's net income, · a list of three to seven financial performance measures that the registrant determines are its most important measures, · a description of the relationships between each of the financial performance measures and executive compensation actually paid over the last five most recently completed fiscal years; and the cherry on top : · it needs to have iXBRL tags
If you’re a client - we will be reaching out to you in days to come to discuss how this will impact you. If you’re a prospective client, please reach out for more information.
Link to the SEC final rules here: https://lnkd.in/gpZfSHjs
#sec #payforperformance #ixbrl #proxy #executivecompensation
