Executive
Compensation
Our nationally recognized Executive Compensation Group plays a pivotal role in the majority of transactions the firm handles on behalf of our clients. From creating, negotiating and modifying change-in-control arrangements to addressing issues that arise in connection with the assumption of (or the failure to assume) benefit plans and other employee obligations, we provide sophisticated advice that our clients expect and require to execute their most complicated strategic deals.
We offer sophisticated skills and exceptional experience in a variety of settings including public and private corporate transactions, executive compensation arrangements and in support of the firm’s ERISA litigation and restructuring practices, advising on not only legal, but also tax, accounting, actuarial and human resource issues. We have extensive experience in designing and implementing innovative employment contracts and cash and equity-based incentive arrangements for senior management of public and private companies, including deferred compensation, supplemental retirement pensions and equity-based compensation, employment termination, and non-compete arrangements.
We also have superior experience and expertise in evaluating the tax, securities law, accounting and corporate fiduciary issues that arise under deferred compensation and equity-based pay plans, including Section 162(m), Section 409A and “golden parachute” issues.
“The Executive Compensation team offers exceptional commercial awareness and great, out of the box thinking.”
- Chambers USA
Recent
Experience
Recognition
Chambers USA: Band 1 in Employee Benefits & Executive Compensation
- Several of our partners recognized by Law360 as MVPs and Rising Stars in Benefits
- Ranked as a Tier 1 firm in Legal 500 US Employee Benefits & Executive Compensation transactions, with several partners also in top rankings
- Recognized in U.S. News – Best Lawyers “Best Law Firms” as a Tier 1 firm in Employee Benefits (ERISA) Law (NY)
Recent Engagements
- Amazon in its $1.4 billion proposed acquisition of iRobot and $3.9 billion acquisition of One Medical
- Apollo Global Management in its $6.3 billion acquisition of International Game Technology’s gaming and digital business IGT Gaming and Everi Holdings
- Carrier Global Corporation in the $3.1 billion sale of its Chubb fire and security business to APi Group Corporation; its €12 billion acquisition of Viessmann Climate Solutions; the $4.95 billion sale of its global access solutions business to Honeywell; and the $1.425 billion sale of its Industrial Fire business to Sentinel Capital Partners
- Chevron in its $60 billion acquisition of Hess Corporation
- General Electric in the spin-offs of GE Healthcare and GE Vernova and the launch of GE Aerospace
- General Atlantic and Stone Point Capital in their approximately $1.7 billion take-private acquisition of HireRight Holdings Corporation
- IBM in its $34 billion acquisition of Red Hat; $4.6 billion acquisition of Apptio; and pending $6.4 billion acquisition of HashiCorp
- Roark Capital in its $9.6 billion acquisition of Subway
- Teladoc Health in its $18.5 billion acquisition of Livongo Health
- WestRock in its $20 billion combination with Smurfit Kappa, creating Smurfit WestRock
- Various stakeholders, including companies, sponsors and creditors, in both in-court and out-of-court restructurings for companies such as Animal Supply Company, Bumble Bee Foods, Diamond Offshore Drilling, Gulfport Energy, Hi-Crush, Jack Cooper Ventures, LBI Media, The McClatchy Company, Pacific Drilling, Pattern Energy, Party City, Proterra, Revlon and Templar Energy, among others
- Various companies in their initial public offerings, including ADT, CLEAR Secure, Driven Brands, European Wax Center, J.Jill, Latham Group, Rackspace, Rocket Companies, Savers Value Village, Sun Country Airlines and Virtu Financial, among others
