Over the last few years, there has been a budding debate regarding the usage and effectiveness of implementing Earnings per Share programs within corporations. There are a number of significant advantages of utilizing pay per performance programs for a corporation and its employees, as well as their shareholders. Earnings per Share programs often positively spur the stock value of a company for shareholders, making it mutually beneficial for all parties involved. The debate has been fueled due to the power that implementing pay per performance incentive programs gives to the CEOs and executives, being that they may use this form of incentive to drive the stock price, thus utilizing illegal, or at least, unethical methods. Jeremy Goldstein, the founder of Jeremy L. Goldstein and Associates, LLC, believes that there is a practical solution for this debate; compromise. In Mr. Goldstein’s estimation, ensuring that executives and CEOs are held accountable for their actions regarding incentive programs is the first step. While detractors of pay per performance programs have long insisted that this type of incentive is only a positive for the short-term life of a corporation, Jeremy Goldstein believes that companies that choose to utilize Earnings per Share programs should ensure that the long-term goals of the corporation match with the incentives that are divvied out. By implementing this structure, the company can be sure of the long-term potential of the company, as well as share growth that is both repeatable, and measurable.
Jeremy L. Goldstein attended the New York University School of Law, receiving his Juris Doctorate Degree. He was an undergraduate at Cornell University, where he graduated cum laude, and received further education from The University of Chicago, garnering his M.S. Upon completing his studies, Jeremy L. Goldstein worked at Wachtell, Lipton, Rosen, and Katz, becoming a partner, and later founded his own firm, Jeremy L. Goldstein, and Associates, LLC. Since entering into the field of law, Mr. Goldstein has worked with corporations such as United Technologies Corporation, assisting in their acquisition of Goodrich, as well as a number of cellular companies, such as Verizon Wireless and Cingular Wireless. Today, Mr. Goldstein is a member of The American Bar Association, where he is actively involved with the Executive Compensation Committee’s Subcommittee regarding Mergers and Acquisition. He also resides on the Board of Directors at Fountain House; a budding charity that focuses on helping people to surmount mental illness.
For updates, follow Jeremy Goldstein on Facebook.