Description: The inclusion of post vest holding periods in time-vested and performance-vested restricted stock awards continues to increase in prevalence as employers strive to further align executive compensation programs with corporate governance best practices, and to facilitate compliance with regulatory requirements – such as the incentive compensation disgorgement provisions of Dodd-Frank. This session will provide an overview of the current corporate governance environment related to mandatory post-vest holdings periods. The session will also outline competitive practice and administrative challenges presented by post-vest hold periods. Finally, the session will discuss the financial accounting benefit and reduction in compensation expense that may be realized for awards that include mandatory post vest holding periods.
Registration: To register complete and send the attached registration form, along with your payment of $30 to the address on the form. You may also pay by check or credit card at the door on the day of the meeting, but we would ask that you send us a brief RSVP email to the following address, TwinCitiesNASPP@gmail.com to let us know you are planning to attend.
Speakers: Daniel D. Coleman, Midwest Practice Leader, Valuation Services Aon Hewitt Consulting and Chris Fischer, Partner Aon Hewitt Consulting, Executive Compensation and Corporate Governance.
Speaker Bios: Dan Coleman is an Associate Partner in Chicago, were he serves as the Midwest and Canadian market leader for Aon Hewitt’s equity-based compensation valuation practice. Dan has more than 18 years of experience in plan design, valuation, tax, financial accounting, and disclosure issues related to all types of executive and broad based compensation programs for public and privately held companies.
Chris is a Partner and Senior Consultant located in Aon Hewitt’s Performance, Reward & Talent Consulting Practice in Lincolnshire, Illinois. He is also a member of the Practice’s Global Technical Shared Services Team, which has a global responsibility for technical areas impacting executive and director compensation. Chris has over 13 years of experience in consulting on director and executive compensation corporate governance matters, and has worked with hundreds of companies, ranging from large multibillion dollar public companies to smaller private organizations. He also assists companies by providing guidance on a broad range of executive compensation matters including, short- and long-term incentives, executive pay levels, contractual employment and postretirement relationships, deferred compensation program design and funding strategies, change in control, severance, and corporate restructuring and change. Chris is both a Certified Public Accountant and an attorney.
Continuing Education Credits:
1 CEP ()