Morgan Stanley Smith Barney is pleased to announce that three of its stock plan clients were awarded prestigious ifsProShare Awards at the 2010 awards ceremony in London on December 2.
Telefonica won the ifsProShare award for the category of "Best International Share Plan." Telefonica was selected as the winner in this category by the judges for its strong commitment to employees and impressive simultaneous launch across numerous global locations, including unique multilingual communication methods and innovative microsites hosted on the company intranet for employee information and education, resulting in a very high take-up rate.
Henderson Global Investors retained the ifsProShare award for the "Best Overall Performance in Fostering Employee Share Ownership" (up to 1,000 employees) for the third successive year. Henderson was commended by ifsProShare for "consistently setting the bar in this category through clear commitment to employee share ownership while taking care to give employees the tools they need to make an informed investment choice."
Wolfson Microelectronics was awarded a commendation for the "Best New Share Plan" category, for introducing their Save As You Earn share plan this year, using strategic planning and communications to encourage high take-up of the plan upon its launch.
Jay Foley, Managing Director for Morgan Stanley Smith Barney in London, said, "We're delighted to see this kind of recognition for Telefonica, Henderson, and Wolfson Microelectronics. These awards are a clear demonstration of their commitment to employee share plans, and we're proud to have them as clients."
The ifsProShare Awards are now in their 18th year, celebrating the excellence and commitment from companies in the share plan industry throughout the UK and Europe, acting as a barometer for trends and the future of equity compensation. ifsProShare is a non-profit organisation that provides a voice for the Employee Share Ownership (ESO) industry. Acting as an essential point of liaison between ESO professionals, service providers and companies committed to and involved in employee share plans and other share ownership schemes; providing a forum for members to come together and share knowledge, ideas and expertise; and supporting ESO through liaison with members to provide information on share plans, to encourage sharing of best practice, commission research and engage in dialogue with relevant industry bodies. For more information visit www.ifsproshare.org.
Morgan Stanley Smith Barney, a global leader in wealth management, provides access to a wide range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust. Morgan Stanley Smith Barney Global Stock Plan Services has over 30 years' experience and is an industry-leading provider of share plan services, providing a vast range of services to approximately 550 corporate clients and managing their 1,100 equity compensation plans worldwide. We offer a wide range of products and services to meet our clients' equity plan needs. Morgan Stanley Smith Barney Global Stock Plan Services provides a comprehensive, integrated administration and brokerage solution for share option, employee stock purchase, restricted stock and performance-based share awards, or if you prefer to retain administration in-house, we can provide a link between your share plan database and our trading systems. For more information please visit www.morganstanleysmithbarney.com
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