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IN-PERSON CHAPTER EVENT
9 November 2023, 4 - 7pm CET
GEO NETHERLANDS CHAPTER MEETING
NETHERLANDS CHAPTER

Carine Schneider, Compass Equity
Maurice Beckand Verwee, Curiosity VC
Jason Stewart, Fledgrr

Netherlands
USA

Revolutionizing equity compensation the Silicon Valley way

Join us at the historic Het West-Indisch Huis for an insightful panel discussion that delves into the dynamic world of Equity Compensation Administration. In this intellectually stimulating gathering, industry experts, thought leaders, and professionals will come together to explore key aspects of equity compensation management, including the new plan design concepts straight from the venture capital community, trends in U.S. share plan design and the role of AI and how administration is changing in response to AI.

In this session, you will learn about

  • Recent share plan design changes in the start-up world with views from Silicon Valley
  • The role of AI and Equity Compensation administration
  • Getting the right reward benchmarking data
  • Public versus private company design changes

AGENDA

4:00 PM - 4:30 PM Arrival
4:30 PM - 6:00 PM Presentation from Compass Equity & Panel Discussion 
6:00 PM - 7:00 PM Networking drinks/Borrel

 

LOCATION:

Het West-Indisch Huis
Herenmarkt 99
1013 EC Amsterdam

There is no cost for this chapter meeting.  Both GEO Member and Non-Members are welcome.  But registration is required.  Please click Registration and Register Now in the above menu.

NEWS
3 August 2023
THE CEO PAY GAP AND THE IMPACT OF AI
article

Allison Morrow

Executive pay
Trending now
Executive plans
USA

The article discusses a report from the AFL-CIO, highlighting the significant disparity between CEO and median worker pay, even though CEO pay decreased slightly. The report reveals that the average CEO compensation in S&P 500 companies was $16.7 million, the second-highest level recorded, with 2021 having the highest at $18.3 million. The decline in CEO pay was not proportional to the drop in stock prices, which raises concerns about the fairness of their compensation.The article also touches on the impact of artificial intelligence (AI) on this pay gap. The AFL-CIO Secretary-Treasurer expresses concern that unchecked AI adoption could exacerbate economic inequality and job insecurity. CEOs are incorporating AI into their businesses without sufficient safeguards for workers or worker input, potentially leading to increased inequality. The labor movement emphasizes the importance of workers having a say in how AI is implemented, especially considering concerns over AI-generated content and ownership of workers' digital replicas. The article underscores the need for greater transparency and fairness in executive compensation and AI integration to avoid exacerbating existing disparities.

READ THIS ARTICLE

NEWS
2 August 2023
SEC APPROVES NYSE AND NASDAQ CLAWBACK LISTING STANDARDS - ASSESSING THE IMPLICATIONS FOR CANADIAN FOREIGN PRIVATE ISSUERS
article

Michael H. Taylor , Cory Kent and Ravipal Bains

Finance, tax and accounting
Executive plans
Canada
USA

The article discusses the approval by the U.S. Securities and Exchange Commission (SEC) of clawback listing standards for the New York Stock Exchange (NYSE) and NASDAQ. These standards, aligned with the SEC Clawback Rules, mandate that listed companies develop and implement clawback policies for recovering incentive-based compensation from executive officers in the event of an accounting restatement. The article provides an overview of the key elements of the SEC Clawback Rules, including their application to all issuers, the triggers for recovery, the types of compensation covered, and disclosure requirements. The article also offers guidance for Canadian companies subject to these rules, highlighting potential implications and considerations for compliance with the new standards. The deadline for companies listed on NYSE and NASDAQ to adopt compliant clawback policies is outlined, along with the consequences of non-compliance, and the need for Canadian companies to adjust their compensation plans and policies accordingly. Additionally, the article touches on the perspectives of proxy advisory firms Glass Lewis and ISS, and the evolving market practice regarding clawbacks in Canada.

READ THIS ARTICLE