Controversy Over Stock Option Compensation to be Topic of Financial Executives and Niri Panel


LOS ANGELES, Nov. 18, 2003 (PRIMEZONE) -- The Los Angeles chapters of Financial Executives International (FEI) and the National Investor Relations Institute (NIRI) will host a joint dinner this Thursday, November 20, 2003, to discuss "What's in Store for Corporate Stock Option Plans: Strategies for Compensating Valuable Employees in Today's Environment." The dinner will be held starting at 6 p.m. in the Third Floor Reagan Dining Room at the Jonathan Club, 545 S. Figueroa St., Los Angeles.

Featured speakers will be Richard Stumpf, vice president of executive compensation at Charles Schwab Securities, and Barbara Nitzkowski of Mellon Human Resources & Investor Solutions.

Stumpf has 18 years of experience in the field of compensation. In his current position, he is responsible for executive programs, including cash compensation, stock, deferred compensation, perquisites, and all-employee equity programs. Ms. Nitzkowski has more than 15 years of consulting experience in the design and implementation of executive compensation programs, broad-based equity and cash incentive plans, sales incentives and performance-based salary programs.

News media may call Roger R. Stephens, president, Los Angeles Chapter of Financial Executives International, at 323-727-0900, ext. 122, for reservations.

Attendees are urged to make reservations by visiting the FEI web site and registering at the meetings and events page at www.fei.org/chapter/LA/meetings/cfm.

About FEI

Founded in 1931, Financial Executives International is a professional association for senior level financial executives, representing 15,000 individuals. Headquartered in Florham Park, N.J. with offices in Washington, D.C., the organization is comprised of 86 chapters across the United States and Canada and nine technical committees. The organization's mission is to provide leadership on emerging issues concerning the financial community, personal and professional development, advocacy services and peer networking opportunities for chief financial officers, vice presidents of finance, controllers, treasurers, tax executives, and finance and accounting professors in academia. Other typical titles held by FEI members include assistant controller, subsidiary chief financial officer or controller, assistant treasurer and director of tax.

The LA chapter of FEI currently has approximately 400 members who represent a full gamut of industries including defense, entertainment, financial services, manufacturing, insurance and technology.


            

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