On today’s episode, we’re joined by Darren Moskovitz, Partner at Meridian Compensation Partners, LLC.

Darren dives into the critical aspects of executive compensation arrangements, especially focusing on the implications of executive departures, severance practices and the recent Federal Trade Commission (FTC) rulings on non-compete restrictions.

Key Takeaways:

(00:20 ) The importance of considering annual and long-term incentives during executive departures.

(01:04 ) Overview of typical severance approaches: general severance vs. change-in-control severance.

(03:35 ) Understanding the commercial and reputational reasons for severance plans.

(06:00 ) Historical context and evolution of severance practices since the 1980s.

(08:00 ) Differentiation between general severance and change-in-control severance benefits.

(09:20 ) The impact of FTC’s new rulings on non-compete provisions.

(13:19 ) Potential changes in executive compensation programs due to new FTC regulations.

(20:30 ) Exploring the concept of garden leave as a potential alternative to non-compete agreements.

(24:42 ) How non-solicitation and confidentiality agreements might be affected by FTC changes.

(27:03 ) Immediate steps companies should consider in response to potential FTC regulations.

Resources mentioned:

Darren Moskovitz -
https://www.linkedin.com/in/darren-moskovitz-00b42b/

Meridian Compensation Partners, LLC -
https://www.meridiancp.com/

This episode is brought to you by Meridian Compensation Partners, LLC. Learn more by visiting MeridianCP.com.

#Compensation #Wages #SPAC #Equity #ExecutiveCompensation #Clawback