Individual Executive Representation
“Coming together is beginning; keeping together is progress; working together is success.”
—Henry Ford
That philosophy is at the heart of win-win negotiations—two sides working together to successfully structure a creative solution. The Executive Compensation Group of VedderPrice is a team of attorneys that leverages experience and leadership skills to create win-win solutions. As more companies look outside of their organizations for talented individuals to fill their top positions, this type of skilled negotiation becomes even more important. Executive negotiations have never been more complex, often requiring expert advice from across disciplines such as competitive pay benchmarking, equity make-whole analysis, accounting treatment, securities law disclosure, estate planning, tax law, retirement and financial planning, and employee benefits and pension law. The Executive Compensation Group has extensive experience with these areas and leverages the full range of VedderPrice in-house resources to create and negotiate the deal that is optimal for each client.
A History of Successful Negotiations
Since 1980, the Executive Compensation Group has developed unique skill and experience in analyzing, negotiating, and documenting senior executive employment arrangements. The competition for the most talented executives and the need for strict confidentiality, combined with the complexity of the compensation components, have placed a premium on creating customized executive compensation agreements. We have dealt extensively with:
- CEO and other senior executive peer compensation analysis, employment agreements and severance arrangements.
- Change-in-control agreements and other officer and employee protection programs.
- Special retention programs.
- Annual cash incentive plans.
- Long-term cash incentive plans.
- Equity-based incentive plans using stock options, restricted stock, stock appreciation rights, performance units, phantom stock and other equity-based interests.
- Deferred compensation arrangements.
- Supplemental executive retirement plans (SERPs).
- Director compensation analysis and arrangements.
- Indemnification arrangements.
Structuring Solutions—Building Relationships
Our broad client base shows we have the depth of experience to successfully negotiate any type of executive compensation package. Maintaining a personal relationship with each of our clients is critical to a successful negotiation process. We keep our clients apprised of the status of the negotiations and communicate frequently to ensure an understanding of, and involvement in, the entire process. We work hard to structure the right deal in a timely manner so that everyone emerges satisfied and ready to get to move forward—a win-win solution.
Call us to discuss your executive compensation requirements and you will understand why most of our business comes from personal referrals. We pride ourselves on developing successful solutions based on the goals of both parties.
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