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Hold ‘Em or Fold ‘Em? Timing Executive Officer Terminations and Severance

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August 02, 2018 | Jonathan Ocker of Pillsbury

Hold ‘Em or Fold ‘Em? Timing Executive Officer Terminations and Severance

Our popular “Meet the Speaker” series, featuring interviews with speakers at the 26th Annual NASPP Conference, is a great way to get to know our many distinguished speakers and find out more about their sessions in advance of the Conference.

For today’s “Meet the Speaker” interview, we feature an interview with Jonathan Ocker of Pillsbury, who will lead the session “Hold ‘Em or Fold ‘Em? Timing Executive Officer Terminations and Severance.”  Here is what Jonathan had to say:

NASPP: What is the elevator pitch for your topic?

Jonathan:  Knowing when to have an executive officer terminate can help mitigate accounting, tax and Say-on-Pay consequences

NASPP: What is one best practice companies should implement for executive terminations?

Jonathan: Companies should review the timing of executive officer terminations not just on an HR basis but an interdisciplinary basis including tax, legal, finance and IR.

NASPP: When it comes to executive departures, what is the worst that can happen?

Jonathan: If things are done wrong you can have a higher accounting expense, lose a tax deduction and lose the proxy Say-on-Pay vote.

NASPP: If you weren't in stock compensation, what would you be doing?

Jonathan:  I would be in HR at a company or in marketing.

► Don’t miss Jonathan’s session, “Hold ‘Em or Fold ‘Em? Timing Executive Officer Terminations and Severance,” at the NASPP Conference!

About the NASPP Conference

The 26th Annual NASPP Conference will be held from September 25-28 in San Diego. This year’s program features close to 100 sessions on today’s most timely topics in stock and executive compensation; check out the full agenda and register today!

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The National Association of Stock Plan Professionals is the largest and oldest professional association for the stock and executive compensation community, with over two decades of leadership providing expert resources, education and other benefits for our more than 6,000 members across 32 affiliated chapters.

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