Goldstein warns of executive compensation problems created by activists

In the United States of America, it’s been a common refrain that executives are being paid far too much, given the amount of work they actually do. This is often pointed as one of the chief reasons that the wealth gap in the United States has continued to grow at a tremendous rate over the last 60 years.

 

But one lawyer sees the other side of that coin. Jeremy Goldstein has made a name for himself as one of the most skillful executive compensation lawyers in the United States today. Over a 15 your career working with law firm Wachtel Lipton, Goldstein has handled some of the largest mergers and acquisitions in recent corporate history.

 

This has given Goldstein a unique perspective on the true uses and abuses of executive compensation. According to Goldstein, executive compensation plays a crucial role in properly incentivizing competent execution of top leadership roles within America’s corporations. Without the ability to adequately compensate employees, America’s corporations would be unable to generate the continuous gains in productivity and profitability that it had seen over the last half-century. Without adequate executive compensation, America’s economy would stagnate and decline.

 

Goldstein, throughout his career, has seen the ravages of activist shareholders, who have laid waste to the best thought-out executive compensation plans. Goldstein recommends modern executives, business owners and other people in a leadership position within Americas corporations that they should carefully guard against attacks by shareholder activists that are centered around discord among the shareholders and the board regarding executive compensation.

 

Goldstein recommends that all executives maintain closer relationships and as solid a rapport with shareholders and the board as is possible. He also recommends that all corporations use a carefully defined, highly detailed corporate compensation protocol that is closely aligned with corporate goals of growth and creation of shareholder value.

 

Follow Jeremy Goldstein on Facebook.

 

The Great Tastes of Julia Jackson

Julia Jackson is the daughter of Jess Jackson and Barbara Banke, of Jackson Family Wines. She has had an interest in the family business all of her life. She has memories of her father teaching her how to work in the business, and stressing the importance of hard work and work ethic.

With her mother’s hard work, she became Julia’s role model. It led to Julia forming the organization Cambria Seeds of Empowerment in 2014. This organization celebrates women who have overcome hardships in life and are inspiring other women to do as they did.

Julia Jackson received her Bachelor of Arts Degree from Scripps College and her Certificate of General Management from Stanford Graduate School of Business. She feels that Cabernet Wine has a place as one of the best wines in Sonoma.

The Jackson Family Wines Collection produces many brands of wine, including the brand La Crema. It was founded in 1979 in Sonoma County, California. The brand is known for producing some of the best Pinot Noirs in the State of California. They use traditional wine-making techniques to produce the best quality wines. They have a lovely selection of wines that will please any palette, with their clean, crisp taste.

Read more: https://www.crunchbase.com/person/julia-jackson

Honey Birdette expands in UK and US

Victoria’s Secret has a new competitor on the world-wide lingerie scene. Australian brand Honey Birdette continues to expand, opening a string of new shops in the United Kingdom and launching a dedicated e-commerce site for the United States.

The Big Plan
Honey Birdette plans to open 40 UK retail locations by the end of 2018. It currently has three locations there: London’s Covent Garden, Leeds’ Victoria Gate and Westfield White City. It also plans to open other European locations.

Expanded US Retail Line
Founded by Brisbane entrepreneur Eloise Monaghan in 2006, the company realized the need to expand when it experienced a 374 percent increase in US online sales during the last 12 months. The US site features an expanded product line designed for the American consumer, faster delivery free delivery for orders more than $50, and a simplified returns process. It also has plans for US retail locations.

At Home In Australia
Within Australia, Honey Birdette has 55 retail locations. The brand features premium lingerie and underwear, plus high-end boudoir items. Prices for its bras start at £60 and for its panties at £35 for briefs and for bras. Its stores include a honey of an experience with lush decor, champagne and personal shopping assistance. Its Pleasure Parlor lets you experience certain items before buying them. The accessory line includes cuffs, collars, harnesses, candles, and more. Honey Birdette also offer bespoke accessories. In lieu of a store branded credit card like Victoria’s Secret offers, it offers the payment process, Future Pay.

Bruce R Bent II is the Father of the Mutual Fund

In 1970, Bruce R Bent II created the very first money market fund called the Reserve Fund. He wanted investors to get one dollar back for each dollar they invested. Bruce R Bent II was born the son of Bruce R Bent in Great Neck, New York where he grew up. Bent was a student at St. Aloysius School, and he graduated from Great Neck North High School. After high school, Bruce R Bent II took a job as a mail clerk while figuring out his next move. He enlisted in the Marines and served two years before continuing his college education. Bruce R Bent II earned his bachelor’s degree in economics from the St. John’s University in 1961. In 1991, Bruce R Bent received a second bachelor’s degree when he enrolled at Northeastern University as a philosophy major.

He immediately began his career at LF Rothchild Inc when he accepted a management partnership. In 1963, Bent took a position at TIAA-CREF pension fund where would work for several more years. It was at TIAA-CREF that Bent met Henry Bedinger Rust “Harry” Brown. In 1968, the two men would create Brown & Bent. The very next year, Bruce Bent had brainstormed the very first mutual money market fund that he would launch the following year. In the next three years, the New York times wrote an article about this grand new investment product. Soon Brown & Bent had $100 million in investments. Harry Brown continued with Brown & Bent until 1985.

Bruce Bent is married to a woman named Nancy in Nassau County where they raised their two sons. Today, Bent is running Double Rock Corporation with his two sons.

A mutual fund is a small term open-ended mutual fund. The mutual funds are just as safe an investment as the regular money accounts in the bank except that it yields more interest. People who have extra cash that they can store away for a few years are perfect candidates for mutual funds. Many people use these funds to one day pay for their children’s college expenses or even for retirement.

For more information on Bruce Bent II follow him on Facebook and Twitter.

Where to buy Beneful products? Target of course!

Target carries a variety of Beneful products to include Wet food, dry food, and dog treats. The prices vary based on the quantity of the product as well as based on flavor assortments.

There are three different varieties of wet food offered at Target. Beneful IncrediBites, Beneful prepared Meals, and Beneful Chopped Blends. Beneful IncrediBites for small dogs and Beneful Prepared Meals Tuscan Romana Mediterranean Medleys Variety Pack can be purchased for $7.49 which includes a 12 pack of 3oz cans. Beneful Prepared Meals Lamb, Chicken & Beef Stew can be purchased for $10.59 for a 6 pack of 10oz cans. The last wet food items available are 10oz single bowls of Beneful Prepared Meals Chopped Blends Chicken Carrots Peas & Wild Rice, Beef Carrots Peas & Barley, and Beneful Prepared Meals Beef Stew, which can be purchased for $1.66 each.

There are six different dry foods options at Target. Beneful Healthy Puppy, Beneful Playful Life with Real Beef & Egg, Beneful IncrediBites with Real Beef and Real Chicken, Beneful Healthy Weight with Real Chicken, Beneful Grain free, Beneful Originals with Real Salmon, and the most popular flavor, Beneful Originals with Real Beef. The prices for these products ranges between $5.99 for a 3.5lb bag, $7.99 for a 4.5lb bag, $9.79 for a 6.3lb bag, $13.99 for a 15.5lb bag, and $26.99 for a 31.1lb. Additionally, Target is offering a coupon for $3.00 off Beneful Grain Free dry dog food. The Coupon can be found on Targets website and expires 06/30/2017.

Lastly, Target also carries a variety of Beneful dog treats. Beneful Baked delights Snackers are $2.99 for a 9.5oz bag and Beneful Baked Delights Stars Bacon & Cheese are $3.14 for an 8.5oz bag. The last variety of treats is Beneful Break-N-Bites which is $6.99 for a 30oz bag.