Donald Nemerov, Managing Director, Compensation and Benefits Consulting, Grant Thornton LLP to Speak at Knowledge Congress’ Live Webcast
New York, NY, October 03, 2013 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Donald Nemerov, Managing Director, Compensation and Benefits, Grant Thornton LLP, will speak at a 2-hour webcast entitled “Performance-Based Long-term Incentive Plans: Are They Effective? How to Improve Shareholder Alignment Live Webcast.” This two-hour event is scheduled on October 22, 2013 from 12:00 PM to 2:00 PM ET.
For further details and updated list of speakers, please visit:
http://www.knowledgecongress.org/event_2013_Improve_Shareholder_Alignment.html
Event Synopsis:
The form and amount of equity-based compensation awarded to public company executives is a highly publicized and controversial topic. A clear decline in stock option grants has occurred in favor of performance-based long-term incentive plans (“LTIPs”). This can be attributed to a number of factors, including mandatory expensing of stock options, increased pressure by shareholder advisory groups to grant performance-based awards, and the perception that stock options may induce unnecessary risk taking. Designing an effective and aligned performance-based LTIP is a complex and time-consuming undertaking. Grant Thornton examined over 300 plans implemented by about 100 S&P 500 companies from 2007 to 2012 in order to understand the degree to which LTIP payouts to executives “tracked” to the total shareholder return (TSR) realized by each company, and offer insights for their improvement.
The panel will discuss the following issues:
· Study findings: how did the various plans payout vs. shareholder return over the same time period? How did this compare to compensation realizable from time-vested restricted stock or stock option over the same time period.
· Case studies and lessons learned: which plans worked best - cash-based vs. equity-based, financial metric vs. RTSR, and how did they impact the company’s pay-for-performance effectiveness?
· Success factors to consider for the “next wave” of such plans.
· How to consider capital markets characteristics in determining the right mix of long-term incentives; and how to use this information in discussions with shareholders and proxy advisory firms.
About Donald Nemerov
Don has over 25 years of experience designing executive compensation and pay-for-performance programs, and advising management and Boards of public, private and tax exempt companies.
Don has worked with companies across virtually every industry and size. These engagements include total compensation benchmarking, annual and long-term incentive plan design, equity incentives, phantom stock arrangements and non-qualified deferred compensation plans. Don has also worked with numerous clients on regulatory matters, including ASC 718, Section 409A, SEC proxy disclosure, and Intermediate Sanctions. Don is a frequent speaker and has published numerous thought leadership articles on topics related to executive compensation and pay-for-performance.
Mr. Nemerov is affiliated with World @ Work and National Association of Stock Plan Professionals.
Mr. Nemerov received his Bachelor of Science in Economics from Wharton School, University of Pennsylvania and his Master’s degree in Industrial Relations from the University of Minnesota.
About Grant Thornton LLP
Founded in Chicago in 1924, Grant Thornton LLP (Grant Thornton) is the U.S. member firm of Grant Thornton International Ltd, one of the world’s leading organizations of independent audit, tax and advisory firms. The firm operates 54 offices across the United States with more than 500 partners and 6,000 employees.
Through in-depth understanding of the complex accounting and tax rules governing compensation and benefit plans, executive compensation and more, our Compensation and Benefits Consulting professionals help you manage costs, improve your business effectiveness and meet regulatory compliance requirements.
To know more about Donald Nemerov and Grant Thornton LLP please visit: www.grantthornton.com
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.
The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries. For further details, please visit the organization’s website: www.knowledgecongress.org
For further details and updated list of speakers, please visit:
http://www.knowledgecongress.org/event_2013_Improve_Shareholder_Alignment.html
Event Synopsis:
The form and amount of equity-based compensation awarded to public company executives is a highly publicized and controversial topic. A clear decline in stock option grants has occurred in favor of performance-based long-term incentive plans (“LTIPs”). This can be attributed to a number of factors, including mandatory expensing of stock options, increased pressure by shareholder advisory groups to grant performance-based awards, and the perception that stock options may induce unnecessary risk taking. Designing an effective and aligned performance-based LTIP is a complex and time-consuming undertaking. Grant Thornton examined over 300 plans implemented by about 100 S&P 500 companies from 2007 to 2012 in order to understand the degree to which LTIP payouts to executives “tracked” to the total shareholder return (TSR) realized by each company, and offer insights for their improvement.
The panel will discuss the following issues:
· Study findings: how did the various plans payout vs. shareholder return over the same time period? How did this compare to compensation realizable from time-vested restricted stock or stock option over the same time period.
· Case studies and lessons learned: which plans worked best - cash-based vs. equity-based, financial metric vs. RTSR, and how did they impact the company’s pay-for-performance effectiveness?
· Success factors to consider for the “next wave” of such plans.
· How to consider capital markets characteristics in determining the right mix of long-term incentives; and how to use this information in discussions with shareholders and proxy advisory firms.
About Donald Nemerov
Don has over 25 years of experience designing executive compensation and pay-for-performance programs, and advising management and Boards of public, private and tax exempt companies.
Don has worked with companies across virtually every industry and size. These engagements include total compensation benchmarking, annual and long-term incentive plan design, equity incentives, phantom stock arrangements and non-qualified deferred compensation plans. Don has also worked with numerous clients on regulatory matters, including ASC 718, Section 409A, SEC proxy disclosure, and Intermediate Sanctions. Don is a frequent speaker and has published numerous thought leadership articles on topics related to executive compensation and pay-for-performance.
Mr. Nemerov is affiliated with World @ Work and National Association of Stock Plan Professionals.
Mr. Nemerov received his Bachelor of Science in Economics from Wharton School, University of Pennsylvania and his Master’s degree in Industrial Relations from the University of Minnesota.
About Grant Thornton LLP
Founded in Chicago in 1924, Grant Thornton LLP (Grant Thornton) is the U.S. member firm of Grant Thornton International Ltd, one of the world’s leading organizations of independent audit, tax and advisory firms. The firm operates 54 offices across the United States with more than 500 partners and 6,000 employees.
Through in-depth understanding of the complex accounting and tax rules governing compensation and benefit plans, executive compensation and more, our Compensation and Benefits Consulting professionals help you manage costs, improve your business effectiveness and meet regulatory compliance requirements.
To know more about Donald Nemerov and Grant Thornton LLP please visit: www.grantthornton.com
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.
The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries. For further details, please visit the organization’s website: www.knowledgecongress.org
Contact
The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
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