Update: Employee Share Ownership Day 2023
The theme of ESOD23 is Employee Ownership for All – and we have a great line-up of speakers to provide information and insight into the share scheme landscape in Ireland and beyond. Learn a little bit about them below…
Graeme Nuttall OBE – Partner, Fieldfisher
Graeme has a career-long involvement in employee ownership policy making and research. He is a partner in the European law firm Fieldfisher, an Executive Fellow at Rutger’s Institute for the Study of Employee Ownership and Profit Sharing, a Fellow of Ownership at Work, a trustee of the Institute for the Future of Work, a Visiting Fellow, Kellogg College, University of Oxford and Research Associate at the University of Oxford’s Centre for Mutual and Co-owned Business, and chair of several employee ownership trust (EOT) trustee companies.
Graeme was the UK Coalition Government’s independent adviser on employee ownership (2012-2015). He was asked to identify all the barriers to employee ownership of private companies and find the solutions to knock them down. Graeme published ‘Sharing Success: The Nuttall Review of Employee Ownership’ (BIS, 2012), following which various measures were implemented to promote UK employee ownership, and the UK’s trust model of employee ownership received statutory recognition in the Finance Act 2014 in the form of the EOT. Employee ownership is now a mainstream UK business model with almost all new employee-owned companies adopting EOT ownership.
Graeme was a member of the UK HM Treasury Advisory Group (1999-2000) that developed the UK’s tax advantaged share incentive plan (SIP) and enterprise management incentives arrangement. He drafted a successful Private Member’s Bill to democratise SIPs, enacted as the Employee Share Schemes Act 2002. Graeme helped make the case for public service mutuals by advising pathfinder mutuals and as a Cabinet Office Mutuals Ambassador.
Graeme delivered the Irish ProShare Association’s Jack Fitzpatrick Memorial Lecture 2013 and the Gandhi Foundation’s annual lecture in 2020. He received an OBE in the Queen’s 2014 Birthday Honours for services to employee share plans, public service mutuals and employee ownership.
* Graeme Nuttall will speak about Employee Ownership Trusts
Marc Hussey – Senior Country Officer and Head of Banking Ireland, J.P. Morgan
Marc is the Senior Country Officer and Head of Banking Ireland, and Branch Manager (PCF 32) for J.P. Morgan SE Dublin Branch. Marc relocated to Ireland in January 2022. Marc originally joined J.P. Morgan in 1997.
From 2014 to 2019 Marc was Senior Country Officer and Head of Corporate Banking for Sub-Saharan Africa at J.P. Morgan Chase Bank, N.A. He was responsible for building out the firm’s banking franchise across Treasury Services, Trade Finance, Corporate & Investment Banking products, and Markets. Clients included Governments, multinational subsidiaries as well as local corporates and financial institutions in the region.
Marc joined J.P. Morgan in March 1997 and has a wide product and geographical knowledge spanning Debt Capital Markets, Fixed Income, Equity Capital Markets, and Securitisation. He moved to South Africa in September 2000. Between March 1997 and September 2000 Marc was based in London responsible for bond origination and derivative marketing, covering sovereign and corporate clients in Central and Eastern Europe and South Africa.
Marc began his career as a lawyer at Hawkins, Delafield and Wood specialising in bond finance, based in New York City. Between 1992 and 1997 Marc worked at the European Bank for Reconstruction and Development both as Counsel and later as Principal Banker.
* Marc Hussey will provide an International Markets Update
Rosaleen Boyle – Senior Advisor, A&L Goodbody
Rosaleen Boyle is A&L Goodbody’s Incentives specialist. Rosaleen advises on all aspects of employee share incentives, in particular the regulatory, tax and legal implications of various share based incentives for companies, and on the establishment and operation of Revenue approved and unapproved plans. She also supervises the firm’s trust and administration services for share incentives operated by clients in Ireland.
Rosaleen has over 20 years’ experience in the Irish market and works with both private and listed Irish companies, as well as multinational companies, on the design and implementation of all types of Revenue approved and non-tax approved plans. She also advises regularly on the share incentive aspects of corporate transactions.
Rosaleen has presented at a number of conferences both in Ireland and abroad on the topic of employee share incentives, often in conjunction with the Irish ProShare Association and the Global Equity Organisation (an international non-profit forum for equity professionals), of which she is the Dublin Chapter co-ordinator.
* Rosaleen Boyle will co-present Share Plans in a Corporate Transaction – Tricks & Traps
Sarah Conry – Tax Director, Deloitte
Sarah Conry is a director with the Global Employer Services (GES) group in Deloitte. She advises a wide range of multinationals in relation to their global mobility and compensation strategies. Sarah has extensive experience in the design and implementation of appropriate policies which support an organisation’s overall corporate strategy including mobility and compensation strategies. She advises on tax effective employee remuneration and the design and implementation of executive and employee shares schemes in public and private companies. Sarah has worked closely with companies to support them with their share scheme reporting obligations and overall compliance. Sarah is a Chartered Accountant and an Associate of the Irish Taxation Institute.
* Sarah Conry will co-present Share Plans in a Corporate Transaction – Tricks & Traps
Éinde O’Donnell – Senior Associate, A&L Goodbody
Éinde is a senior associate in A&L Goodbody’s employment group who acts as a trusted advisor for many leading domestic and international clients across a wide range of sectors, including: healthcare, pharmaceutical, technology, retail, manufacturing and public relations. This involves Éinde providing advice in relation to strategic and complex employment and industrial relations matters across all aspects of the workplace relationship. Éinde regularly advises on the employment aspects of mergers and acquisitions. Éinde has particular expertise in advising on internal HR processes, workplace disputes and mediation, workplace investigations, business transfer and outsourcing issues, and workplace restructuring.
* Einde O’Donnell will co-present Share Plans in a Corporate Transaction – Tricks & Traps
James Robertson – Associate Director of Business Development, Computershare
James joined Computershare in March 2017, after serving as Head of Client Services with Barclays Global Stock & Reward Services. At Barclays, James managed all client services as part of Barclays’ partnership with Morgan Stanley Shareworks. He has also performed senior in-house HR roles at Nokia, Telefonica O2 and Centrica. Overall, James has over 16 years’ experience in the industry and is an expert in employee benefits and performance management.
As Global Head of Equity Programs for Nokia, alongside the PSU, RSU and Stock Option discretionary plans, James oversaw the design, communication and launch of Nokia’s Global All Employee Share Purchase Program across 38 countries, covering 43,000 employees, in its first year. This plan subsequently received recognition at both ProShare and GEO award ceremonies.
At Telefonica, he was a Senior Manager within the Global Reward Team. James also worked directly on the design and implementation of their first ESPP – which launched simultaneously across 26 countries, with a large emphasis on Latin America.
* James Robertson will speak about Share Plan Communications & Market Observations
Marie Flynn – Tax Director, PwC, & Chairperson of IPSA
Marie is a tax director in the private client team of PwC Dublin with over twenty years’ experience in UK and Irish taxation, both in practice and with HMRC in the UK. She specialises primarily in advising management teams on all aspects of share incentivisation (including share valuations) and high net worth individuals/families and partnerships on a variety of planning/structuring projects.
Marie is a member of both the Irish and UK Institutes of Tax and has written articles and presented in Ireland and the UK on a variety of topics including management incentivisation, tax issues for non-domiciled individuals, professional partnerships, real estate etc.
Marie is a member of the PwC European Management Shareholder Network and the PwC International Private Wealth Network. Marie is also the current Chairperson of the Irish Pro-Share Association.
* Marie Flynn will co-host the Panel Discussion: One Size Doesn’t Fit All
Peter O’ Connor – Share Scheme Consultant, Mercer & Vice Chairperson of IPSA
Peter O’Connor is a consultant in the Share Schemes department in Mercer based predominantly in Cork. Peter joined Mercer in 2016.
Prior to joining Mercer, Peter worked with EY Dublin in their People Advisory Services tax department. Peter has over 15 years’ experience providing tax advice regarding global mobility and advisory, international social security and global employment tax services including advising on the Irish tax treatment of share and stock option plans/schemes.
Peter has a degree in Government and Public Policy from University College Cork and is a Chartered Tax Advisor with the Irish Tax Institute. He is currently Vice Chairperson of the Irish Pro-Share Association.
* Peter O’Connor will co-host the Panel Discussion: One Size Doesn’t Fit All
Darren Smith – Head of Business Development, UK and Ireland, Global Shares – a J.P. Morgan company
Darren has worked in the share plans industry for more than 20 years. During this time, he has worked across all operational teams including management, relationship management and most recently, business development. Darren is a regular industry host and speaker on topics including share plans, financial education and financial wellbeing, bringing a fun and engaging style to events. Prior to joining Global Shares as Business Development Director, he held the position of UK National Sales Manager at YBS.
* Darren Smith is the host for ESOD23 and present a special segment on Networking Ideas – Bad Shoes Equals Breakthroughs