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John McGrady's article, Clawbacks — Effective Deterrent or Effective Remedy?, was recently published in the April 25, 2011 edition of the prestigious BNA Tax Management Memorandum. The article was co-authored with former Buchanan Ingersoll & Rooney colleague, Kristen Miller.

The article explores the current legal landscape governing the recoupment of executive compensation, and also provides an analysis of the various design considerations to evaluate when implementing a clawback policy. McGrady previously presented the article to the Tax Management Advisory Board at its annual meeting in New York City where the article received very favorable reviews from the practitioners in attendance.

About McGrady

John E. McGrady, III, is a shareholder of the firm and is a member of its ERISA/Employee Benefits Section and Executive Compensation Practice Group. He concentrates his practice on advising public and private employers on a range of executive compensation and employee benefit matters, including §409A, §162(m), equity compensation and performance-based incentive arrangements, nonqualified deferred compensation and supplemental retirement plans, qualified retirement plans, health and welfare plans, and tax and ERISA issues arising in connection with corporate acquisitions, divestitures, reorganizations and complex financing transactions.