Month: January 2018
Over the past years, many corporations would provide their employees with stock options. They did so because; this type of compensation was cheaper as opposed to additional wages, equities or better insurance coverage. The options would also boost personal earnings if a corporation’s share value increased, and by giving them the options, they were able to avoid certain Internal Revenue Service rules that made it difficult to supply employees with equities.
However, in the recent years, most of these same corporations are backing out of the trend. The problems that have led to them abandoning the trend include a drop in the stock value. This would mean that the employees would not be able to exercise their options. Furthermore, numerous employees have become cautious of the stocks, and the options result in significant accounting difficulties.
However, problems are not to be avoided but rather, solutions sought. The solution for the problem with stock options with most corporations would be to embrace a barrier option called ‘Knockout.’ Here, the stock options will still have the same time limits and vesting requirements but with an added advantage in favor of the corporations. The workers lose them if the share value cascade under a particular value and the drop stay that way over a certain period. Jeremy Goldstein explained this.
Jeremy Goldstein is the go-to attorney when corporations need legal advice regarding employee benefits. Goldstein is a partner at Jeremy l. Goldstein & Associates, a law firm specializing in advising compensation committees based in New York.
With more than 15 years of experience as a business lawyer, Jeremy Goldstein has played significant roles in essential transactions like Merc, AT&T, Bank One, Chevron, and Verizon. Currently, Jeremy Goldstein serves on the boards of a prominent law journal and a charitable foundation known as Fountain house.
At first glance, Doe Deere does not look like your typical CEO. Her hair is a very revealing pastel color. Her makeup is bold, dazzling, and sparks the imagination. You will probably never find Deere wearing anything that is drab or boring. Still, this young woman is a very successful entrepreneur and the founder of the Lime Crime Cosmetics Company. The Russian born beauty is also a big supporter of other women entrepreneurs. In addition, Deere would like to share her beginnings with others to inspire those that are thinking about starting their own little venture.
Doe Deere actually comes from a fashion background. She landed in New York and attended FIT in New York. Of course, her major was fashion design. Certainly, the lessons learned in the fashion school helped to shape and mold the young mind of Doe Deere. During that time, Deere was in a band too. However, during that time, it was difficult to find a makeup line to fit her personality. In 2008, she decided to launch her own colorful, and magical cosmetic line. It is also important to note that Lime Crime Cosmetics are animal cruelty free too.
On A Mission
Doe Deere was on a mission to create her own line of dazzling makeup in colors that were unique to the makeup market at the time. She is a very hands on person and had a part in the creation of every lipstick, eye shadow, or fingernail polish that you see in their line of makeup. Doe Deere started out in a small way. The makeup industry was very competitive and many thought that it was foolish to enter a market that was already saturated with so many lines of makeups. Still, Doe Deere held on to her vision and her mission to create a makeup line filled with vivid and bright colors.
Doe Deere’s Part In Lime Crime
Doe Deere would like everyone to know that she is a very hands on CEO. Deere works diligently to make sure that all the departments at Lime Crime are operating smoothly. She works closely with creating new products, she’s heavily involved in the marketing department, and enjoys keeping up with current events on social media pages. One of her guilty pleasures is closing the office door at Lime Crime and brainstorming with the Chief Creative Officer. This is the way new products are introduced at Lime Crime. Deere would also like her customers to realize that her part does not stop at that point. She test every product on herself, before letting it go into production.
Doe Deere also states that she is very excited by the new generation of shoppers. They are changing the way that retailers and buyers interact. The new generation is more attuned to shopping digitally than visiting a brick and mortar store. It is also interesting to note that Lime Crime was one of the first truly digital e-commerce makeup lines. Clearly, Lime Crime was way before their time.
Follow Doe Deere on Facebook for updates.
Those familiar with Dick Devos, the billionaire political and community activist from Michigan, may know him as the CEO of Amway, which is the company that his father co-founded. He also is known as the husband of the current Secretary of the US Department of Education, Betsy Devos, who’s currently serving in the Trump administration after a long career as a GOP Party chairwoman and GOP mega-donor.
Dick Devos has a long history of involvement in community projects as well as in conservative causes. Back in 1991, Devos (who was then on his way to becoming the Amway CEO) became involved when a plan was announced to create a massive sports and convention arena north of downtown Grand Rapids, Michigan. Devos became concerned that the creation of the arena would have a negative impact on the city, just as it did in Detroit, when two major arenas were built there in the 1970s. Those arenas marred downtown Detroit when the two teams, the Lions and the Pistons, moved out of Detroit, and Devos didn’t want to see Grand Rapids suffer the same fate.
Using His Influence
As he worked towards stopping the plan, Dick Devos got involved in forming a group of business leaders in Grand Rapids, and called the group “Grand Action.” This group got involved in developing other structures in downtown Grand Rapids that did a lot to alter the city skyline. Those structures include the Van Andel Arena as well as the Devos Place Convention Center.
Following the success of his work with Grand Action, Dick Devos and his wife Betsy continued on in their work as GOP mega-donors involved in political and social causes. They found they had influence in some areas, including vouchers for private schools, luring a major airline to the Michigan Airport, and in transforming Michigan into a right-to-work state that now has a lesser union influence.
Some Successes, Some Failures
Not every political action taken by Dick Devos has succeeded, however. Back in 2000, Dick and Betsy Devos put their influence behind an amendment to the state constitution that pushed for tax funding for school vouchers for private schools. The measure was voted down, and Dick Devos also failed in his bid to become the Governor of Michigan.
Still, Dick and Betsey continue to have political influence, as Betsy Devos has shown in her current position in the Trump administration.
Follow Dick DeVos on Facebook.