Jeremy Goldstein: Meeting in the Middle

Jeremy Goldstein is a man who knows a thing or two about executive compensation law and how it works for companies. He is the main partner at his own law firm in New York City and writes columns about and answers legal questions when they arise. Jeremy Goldstein holds a Masters Degree in law from Chicago University and a Bachelors Degree from Cornell University. His J.D came from New York University

Jeremy Goldstein has been at the center of many major executive compensation mergers over the past decade and gives of his own time to serve on boards and charities in order to help the local community. Some of the mergers that he has been involved in are Goodrich being bought by United Technologies Corporation, Verizon Wireless merging with Alltel, and Phillips Petroleum Company merging with Conoco. Jeremy Goldstein also serves on the Mergers and Acquisitions Subcommittee of the Executive Compensation Committee for the American Bar Association and he is a member of the Leadership Council for the Make-A-Wish Foundation. He is often asked to speak on the topics of executive compensation law and other subjects pertaining to law. In an article for the New York City Enquirer, Jeremy Goldstein talks about a middle ground when it comes to incentive-based compensation.

The main thread of the article discusses Earnings Per Share. Jeremey Goldstein knows that a battle can loom over employees making good money versus the long-term aspects of what the company wants to do. He suggests that companies and employees meet in the middle. Companies should not do away with the pay for performance premium. Instead, companies should state in a contract that executives and CEO’s should be held to the same standards as their employees. If the CEO makes the right decisions in moving the company forward then the CEO should be paid. If the CEO does poorly the incentive should be taken off of the table. If the contract can be structured in this manner then everyone will benefit. Employees and CEO’s can still make money and the company can strive for better results in the future. Learn more:

Jeremy Goldstein is a lawyer who knows how to make the law understandable to normal people. He knows that compromise is the best policy for a business, Keeping the CEO and the employees happy is central to business success. This is a man who understands that principle better than most.