Autodesk 2011 Annual Report Download - page 29

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• Stock ownership guidelines that have been exceeded by each of our Named Executive Officers.
• A “no-hedging” policy in our insider trading policy that prohibits our directors, named executive
officers, other executive officers and certain employees from trading in derivative securities of
Autodesk.
• The Compensation Committee’s engagement of its own independent consultant that does not provide
any services to management and had no prior relationship with any of our Named Executive Officers.
• A change in control program for our Named Executive Officers that requires both a change in control
of the Company and termination of employment (“double trigger”) and does not provide any “ gross-
ups.”
• A strong risk management program with specific responsibilities assigned to management, the Board,
and the Board’s committees.
Authority for Executive Compensation Decisions
As of the end of fiscal 2011, the Compensation Committee consisted of three independent, nonemployee
directors as defined by the listing standards of The NASDAQ Stock Market:
• Steven M. West (Chairman)
• Per-Kristian Halvorsen
• Mary T. McDowell
Sean M. Maloney also served on the Compensation Committee through June 10, 2010 (the date of the
Company’s Annual Stockholder’s meeting) prior to his appointment to the Corporate Governance Committee.
The Compensation Committee:
• Has the authority to approve the objective and structure of our compensation programs for our
executive officers, including Named Executive Officers.
• Is responsible for ensuring that our executive officer compensation programs are effectively designed,
implemented and administered with sound corporate governance practices.
• Aligns its decisions with our overall compensation objectives, and seeks to balance pay with
performance and potential compensation risks to ensure long-term enhancement to our stockholder’s
investments.
• Annually reviews and approves compensation for our Chief Executive Officer (“CEO”) and President
and other executive officers.
This includes:
• base salaries,
• short-term cash incentives,
• equity incentive grants,
• employment agreements and severance arrangements,
• change-in-control provisions,
• other benefits or compensation arrangements.
In determining our CEO’s compensation, the Compensation Committee solicits input from the full Board of
Directors before making final decisions.
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