CA SB1208

Requires publicly traded domestic corporations to file annual compensation statements within 150 days of fiscal year end disclosing total compensation for board members, principal executive officer, principal financial officer, and the three most highly compensated executive officers not on the board.

Requires disclosure of total compensation paid to the five highest-compensated retirees from the corporation, including their names.

Applies the same compensation disclosure requirements to publicly traded foreign corporations filing with the California Secretary of State.

Defines "total compensation" to include all plan and nonplan compensation, equity-based awards, and perquisites, consistent with Securities and Exchange Commission Regulation S-K standards.

Requires the Secretary of State to make all disclosed compensation information publicly available through an online database.