On today’s episode, we’re joined by Partner Gerard Leider and Head of Research and Content, Principal Edward Hauder, both of Meridian Compensation Partners, LLC.
Gerard and Edward break down the critical aspects of equity retirement provisions and their significant role in executive transitions. They explore how defining retirement and aligning equity policies with organizational goals can influence seamless leadership successions.
Key Takeaways:
(02:20) Equity compensation forms a significant part of executive pay.
(04:23) Committees should align retirement and equity policies with market practices.
(06:33) Programs must work in harmony to ensure equity consistency.
(08:58) Committees should review equity treatments annually and during major transitions.
(11:10) Retirement definitions like 60 and five attract late-career hires.
(15:11) Standardized retirement definitions avoid one-off negotiations.
(18:32) Clear retirement policies ensure balanced executive transitions.
(20:02) Align policies, coordinate plans and require notice.
(23:15) Disclosure of retirement notice depends on legal guidance and circumstances.
Resources Mentioned:
https://www.linkedin.com/in/gerard-leider-7348501/
https://www.linkedin.com/in/edwardhauder/
Meridian Compensation Partners, LLC -
https://www.linkedin.com/company/meridian-compensation-partners-llc/
This episode is brought to you by Meridian Compensation Partners, LLC. Learn more by visiting MeridianCP.com.
#Compensation #Wages #SPAC #Equity #ExecutiveCompensation #Clawback