There has been a changing dynamic amongst many of the world’s most prominent corporations in recent years, and these days, stock options are no longer offered to employees at the rate that they once were. The reason for this change is usually due to increased costs associated with accounting, yet there are also a number of other factors that have contributed to this changing of the guard involving company practices. A few of the reasons for this sharp change in practice amongst these companies include incurring the risk of option overhang, the effects of economic downturns, and the fact that employees often consider increased salary as a better incentive. One of the best alternatives for companies who still prefer offering stock options to there staff members is to include a knockout clause. By including a knockout clause, the risk of option overhang is considerably reduced, as well as the cost associated with the additional accounting steps. A knockout clause is effective because, in the chance that the value of the company’s stock drops significantly, the option becomes completely void.
As the founder of his own law firm, Jeremy L. Goldstein and Associates, LLC, Jeremy Goldstein has been very active in some of the most momentous business transactions of the last ten years. Playing an integral role in United Technologies Corporation’s acquisition of Goodrich, as well as the deal between Miller Brewing Company and South African Breweries PLC, Jeremy Goldstein is the current chair of the Mergers and Acquisition Subcommittee belonging to the Executive Compensation Committee of the American Bar Association Business Section. In recent years, Mr. Goldstein has been named as one of the best executive compensations lawyers in the United States by prestigious directories such as The Legal 500 and Chambers USA Guide to America’s Leading Lawyers for Business. Aside from heading Jeremy L. Goldstein and Associates, LLC, Mr. Goldstein is also a very active contributor of articles regarding corporate governance and executive compensation, and he currently sits on the Board of Directors at Fountain House, which is a developing charity geared at helping men and women overcome issues associated with mental illness. Prior to founding Jeremy L. Goldstein and Associates, he was a partner with another firm, Wachtell, Lipton, Rosen, and Katz. Jeremy Goldstein attended Cornell University, the University of Chicago, and New York University School of Law, receiving his Bachelor of the Arts, J.D., and M.S.
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Financial planning is an important part of our lives and with the ever-changing financial markets, it’s important that wealth strategies are carefully-planned and up to date. Time is always an issue for busy people, but they need to keep up with trends to ensure our financial plans are on track to meet our long-term financial goals. To do this alone for most people is daunting because in our busy lives time doesn’t always allow for us to see all the potholes on our road to financial success.
Wealth Solutions is a registered investment advisory firm and is the answer to plotting a roadmap to financial success. Richard Blair founder and CEO of Wealth Solutions can put us on the right road to our goals. Mr. Blair takes the ‘Three Pillar‘ approach to long-term financial planning. First, the Wealth Solution team will identify our goals, strengths, and tolerances for risk and second they can help us layout a strategy that is long-term and unique to our needs. The third pillar comes after we are on our road to wealth by carefully planning out how to ride the storms of life.
Wealth Solutions will teach us about the three keys that open the door to our financial goals and those keys are an investment over time, the proper route to savings, and avoiding debt. Wealth Solutions offers financial management, financial and retirement planning through investment, insurance, tax, and estate planning. Wealth Solutions offers asset preservation, advisory and the Wealth Solutions holistic retirement planning services The firm understands the changing market and offers solutions for wealth strategies to change with the industry.
Richard Blair founded Wealth Solutions to make a difference to families and small business owners on their rocky road to financial success. Richard Blair’s mother and grandmother were teachers and he learned the importance of education, but after one year in the financial services industry after college graduation, Mr. Blair founded Wealth Solutions. His belief in education is at the core of Wealth Solutions and it guides us to rewarding investments and finance.
Mr. Blair brings over 20 years of experience to Wealth Solutions and he enjoys the challenges of helping others over their financial road. Richard Blair is a graduate of the University of Houston and holds a long list of certifications in the financial industry. He is a family man who spends his free time with his wife and three children.
To learn more, visit http://www.wealthsolutionsria.com.
2017 has been a volatile political year, to say the least, as the public has made the adjustment to a new President with no political background, (besides running for office) who also has a habit of filling governmental offices with leaders who often lack hands-on experience in the departments they are assigned to lead.
Case in point is President Trump’s appointment of the billionaire conservative political activist Betsy Devos to the position of Education Secretary. Though Devos has had a background in championing the use of vouchers so that students can attend religiously-run charter schools, she has little experience in running public schools. By the same token, her action regarding charter schools has drawn criticism from some political watchers. Ultimately, Devos’ actions in support of vouchers are seen by many as a way for her to move government money over to church activities, which is in violation of the constitutional ideal of the separation of church and state.
The Public and Private Face of Betsy Devos on Transgender Issues
Devos has been weathering many public relations storms since her appointment, and one area where she’s been involved in a controversy is on the issue of transgender students use of bathrooms that match their current gender identification. The Obama administration passed a policy in support of transgender students being able to use restrooms matching their current gender, but the Trump administration has now moved to rescind the ruling. In public, Betsy Devos seemed to support the actions of the Trump administration. Her attitude showed her to be following along with Trump, as she deemed the Obama administration’s move an example of “overreach” by the government. Insiders who know Devos, however, have reported that in private, she met with the representative of a group of transgender and gay employees who work in the education department, with the goal of warning them in advance of the ruling, so they could have time to prepare.
All of this speaks to what some people feel is an inconsistency in Ms. Devos views. While Ms. Devos publicly has a warm and graceful persona (which could be construed as “meek”) the fact is that those who have known her from her political actions back in Michigan say in reality she is tough political operator who is not above using her family fortune to influence political outcomes and take down those who cross her.
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