Morgan Stanley

Morgan Stanley Smith Barney Global Stock Plan Leaders Are Featured Speakers at 2011 NASPP Annual Conference

Oct 25, 2011

New York —


Morgan Stanley Smith Barney announced today that it will have two speakers featured at the 19th annual conference of the National Association of Stock Plan Professionals (NASPP)1 on November 1–4, 2011, in San Francisco.  Morgan Stanley Smith Barney provides stock plan services to nearly 2.5 million participants at more than 500 corporations globally, including more than 20 percent of the Fortune 500.

The 2011 NASPP Annual Conference includes four days of often critical and timely discussions for professionals involved in the design, oversight, administration, and disclosure of stock and executive compensation.

“We are proud to have been chosen to present at this premier industry conference and be provided an opportunity to share our insights and latest innovations with our clients,” said Julian Clark, Managing Director, Global Stock Plan Services at Morgan Stanley Smith Barney.

One session features Christopher Dohrmann, Executive Director, Global Stock Plan Services at Morgan Stanley Smith Barney, on a panel exploring the inadvertent administrative and compliance consequences of some common practices relating to stock options, restricted stock and Employee Stock Purchase Plans.  “Sometimes, even the most well-intended plan provisions can lead to unforeseen pitfalls.  As a leading stock plan services provider, we can present some of the best practices we’ve seen to help issuers avoid administrative headaches,” said Mr. Dohrmann.

Mr. Dohrmann has more than 30 years of experience in the equity compensation industry and has been at Morgan Stanley Smith Barney for the last 15 years.  He is currently responsible for Client Management Solutions and Sales Support.  Joining him on the panel are Denise Vitale, VP Product Development of Equity Administration Solutions Inc.; and Bernice Toy, Senior Manager, Operations and Compliance of Cisco Systems, Inc.2

A second discussion features Brian Penzel, a Financial Advisor and Associate Stock Plan Director at Morgan Stanley Smith Barney, leading a panel on how employee mobility and global regulation affect payroll interfaces and equity compensation transactions.  “Firms have to ask themselves, ‘Are our payroll and human resource data up-to-date? Will they adversely impact the collection of funds when transactions are made? What is the best way to distribute proceeds globally? What kind of legal restrictions apply in various jurisdictions?’  This panel will discuss proactive measures and how proper planning can help avert problems,” said Mr. Penzel.

Mr. Penzel has been with Morgan Stanley Smith Barney since 2001.  He is currently responsible for relationship management, project management and implementation for clients’ equity-based benefit programs.  He is a CEP and Board Chair of the Corporate Services committee for the Association of Professional Investment Consultants.  Joining him on the panel will be Rosalie Borzumato, Director, Global Stock Plans at CBS Corporation; Nicholas Greenacre, Partner at White & Case LLP; and Jewon Wee, Founder and Managing Director at Independent Stock Plan Advisors LLC.2

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 services.  For further information about Morgan Stanley Smith Barney, please visit

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.  The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,300 offices in 42 countries.  For further information about Morgan Stanley, please visit

1 The NASPP is not affiliated with Morgan Stanley Smith Barney.

2 Guest speakers are neither an employee nor affiliated with Morgan Stanley Smith Barney.  Opinions expressed by the guest speakers are solely their own and do not necessarily reflect those of Morgan Stanley Smith Barney. 

Morgan Stanley Smith Barney LLC and its Financial Advisors do not provide tax or legal advice.  Clients should consult their personal tax advisor for tax-related matters and their attorney for legal matters.

Investments and services offered through Morgan Stanley Smith Barney LLC, member SIPC.

©2011 Morgan Stanley Smith Barney

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