Senior Leadership Team Successfully Onboarded for Top 5 Hedge Fund
Axiom attorney helped:
One of the world’s largest hedge funds needed to develop executive compensation packages to add senior leaders to its business, due to a string of recent acquisitions.
The legal department did not have experience developing the highly unique contracts, bonus structures, and stock option plans for this category of senior leaders.
Axiom installed a seasoned attorney who spent 35+ years leading executive compensation strategies, including senior roles in the Fortune 10 and experience as a partner at an AmLaw 100 firm. The Axiom attorney provided strategic recommendations to ensure the compensation approach met the needs of all constituencies. In addition to working closely with the Deputy General Counsel (DGC) and Legal Department, the Axiom attorney owned the process of ensuring alignment with the executive team, Human Resources, and Finance in order to successfully onboard the new leaders.
- Axiom attorney’s unique domain knowledge enabled him to deliver actionable recommendations to ensure an effective executive compensation package for each new leader.
- Guidance from Axiom attorney resulted in executive compensation packages that met complex needs of all stakeholders: Finance was be able to fund, Legal supported the terms and conditions (e.g. non-competes, severance, etc.), and Business Unit leaders endorsed the broader arrangement.
- Flexible hourly billing enabled the company’s DGC and contracts department to work with the Axiom attorney on an as-needed basis.
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