Are your Management equity plans driving behavior towards a successful exit? Do performance conditions align Management and sponsor incentives? Is Management’s equity reserve aligned with current leverage ratios and market competitive reward levels? Determining the size of a share reserve is only the first step in developing an effective Management equity plan.
PwC recently conducted our 2013 US Private Equity Portfolio Company Stock Compensation Survey. This year’s survey includes key plan design data on 30 portfolio companies acquired by 17 different sponsors. Survey data includes competitive market practice with respect to share reserve, performance conditions, vesting, participation and more.
Financial sponsors continue to further the link between Management and investor incentives by tying a greater portion of awards to exit-based performance conditions. Additionally, we’ve seen a greater degree of scrutiny in determining who should participate in the plan. However, many sponsors have not applied a robust approach to determining pool sizes and allocations – resulting in certain scenarios where pay may significantly exceed market pay levels.
Topics of discussion will include:
- Results of the 2013 Private Equity Portfolio Company Stock Compensation Survey
- Market competitive data
- Insights on effective equity plan design
Join us on Aug 21 to learn about the trends in equity plan design for Private Equity portfolio companies.
Aaron SanAndres, Principal, Human Resources Transaction Services, PwC
Curt Cornwell, Partner, New York Private Equity Leader, PwC
James Marshall, Principal, Financial Services Valuation Leader, PwC
Andrew Skor, Director, Human Resources Transaction Services, PwC
Who should attend:
Private equity and corporate deal professionals including:
- C-suite, functional leaders (CFO, Corporate Controller, CIO, VP tax, Internal Audit, etc.)
- Board of directors, Audit committee members
- Partners/principals/managing directors/associates
- Business development/M&A executives
- Financial professionals involved in M&A and operational functions
Participation in the live webcast qualifies for 1 CPE credit in the subject area of Specialized Knowledge and Applications.
To register for this event, please click on the "Registration" tab.