Jeremy Goldstein: Executive Compensation Professional

When it comes to employees benefits, corporations go to Jeremy Goldstein for his expertise. Jeremy Goldstein has been a business lawyer for the last 15 years and specializes in executive compensation and corporate governance. After establishing his own law firm, Jeremy L. Goldstein and Associates LLC, his reputation grew exponentially.

Over the years, he played major roles in ever big-name transaction his firm’s dealt with, including transactions involving Verizon, Chevron AT&T, and Bank One. Jeremy Goldstein also serves on the Mergers and Acquisition Subcommittee of the Executive Compensation Committee, which is part of the American Bar Association Business Section.

In recent years, Jeremy Goldstein’s been called to a lot of corporate offices to discuss employee benefits. Lately, a lot of corporations stopped offering stock options as a compensation method. They view stock options as unwanted hassles that only clog up their accountant’s office. They go to Jeremy Goldstein seeking new benefit options.

Many people are surprised to hear that Jeremy Goldstein doesn’t think everyone should get rid of stock options. Stock options are a handful and some companies would do better by eliminating them and providing other benefits, but not every corporation should be so quick to do the same.

In most cases, eliminating stock options and offering higher salaries or better insurance coverage is easier but not recommended. Employees may prefer something simpler, but they’re not thinking about equivalency among themselves. Higher wages mean a greater imbalance between workers, whereas stock options offer a level of equal value to all employees.

Recent may make it difficult to provide equities to employees, which was a lot of corporations’ plans. As the IRS adds more rules and regulations, offering stock options may be the better choice simply due to tax burdens on equities.

What it comes down to is how much do companies want to spend, in both time and money. Stock options hold the most benefits if the corporation chooses the right strategy. According to Jeremy Goldstein, maybe the right strategy is using “knockout” stock options. They do exactly what it sounds like they do.

If the stock’s value drops too low for too long, the option cancels itself, and the employee is not responsible for it. If the value goes back up, it becomes available again and the employee can exercise it whenever they choose. Learn more:

OSI Food Solutions, Harnessing Opportunities for International Growth

As a global leader in the food-to-go industry, OSI Food Solutions is strong and growing. A reflection of this growth is the company’s dominance in the UK foodservice market, where there is vigorous attention paid to production standards. In 2016, OSI was selected as the winner of two awards by the British Safety Council. The awards, the Globe of Honor and the Sword of Honor, recognizes recipients who demonstrate the highest level of achievement in the categories of health, safety and the sustainable use of environmental resources. This tells us that in addition to being a premiere food manufacturing and production conglomerate, OSI never deviates from maintaining exemplemary management standards. It is adherence to these standards which sets them apart from their competitors.

OSI continues its international expansion with the recent acquisition of Flagship Europe. Flagship Europe is a key factor in the UK; this extends OSI Food Solutions production in the areas of frozen poultry, pies and sous vide water oven products, and commercially prepared dressings, sauces and mayonnaise. President and Chief Operating Officers (COO) of OSI, David McDonald said the addition of Flagship Europe will, “best serve the evolving needs of our customers.” He was referring to the custom base as strengthening the positioning of OSI food production in the European market. This highlights an area that isn’t showing any signs of slowing down soon, poultry production. Poultry chicken products are in demand and this creates new opportunities for expansion of OSI Food Solutions.

Expansion of existing plants add food production diversity to the OSI portfolio. Coming on the heels of the Flagship Europe acquisition, OSI Food Solutions doubled its processing capacity of chicken products in Spain. In Portugal and Spain, there was an increasing demand for processed chicken products. Early in 2017, OSI invested €17 million in a plant, located in Toledo, Spain. With the investment, OSI added 20 new jobs to the local economy. This brought total meat production capacity to 45,000 tons of chicken, beef and pork. OSI Spain annual production went from, 12,000 to 24,000 tons. The existing production plant in Spain underwent major renovation, when OSI Food Solutions saw that the average annual growth rate percentage increased from 6 to 8 percent in three years. So to prepare for future increases, they added a 22,600-square-foot energy efficient addition. The new building included a larger production hall and a project development kitchen.

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