The Academy of Art University was founded in 1929 and was formerly known as being the Academy of Art College. The University is known located in San Francisco, California and is a privately own art school that is for-profit. Richard S. Stephens is the known founder and leads the university after it was first established. The university claims that it is the biggest privately owned design and art school in the United States.
After Richard S. Stephens decided to retire in 1951 his son, Richard A. Stephens decided that he wanted to follow in his father’s footsteps and take over. It was then in 1992 that his daughter, Elisa Stephens took over for her father, Richard A. Stephens after he decided that it was the time he retires. This lead to Elissa being able to grow the school to more than ever expected. By 2012 she had been able to take the student count from being 2,000 to be well over 18,000.
Currently, the school is able to take part in many activities, one of the biggest being the NY Fashion Week. The University has been taking part in this event bi-annually ever since 2005. This is an event that is able to attract tons of celebrity among many others every time it is held.
September 9, 2017, was the universities most recent event and one of their biggest due to the fact that it was their 21st runway showcase. They knew that the events where normally huge but didn’t expect it to be this big. Many people showed up as the designers showed off what was their vision of the future of fashion. However, the part that attracts so many was the fact that there were students coming from all over, which meant that there was going to be a huge range of ideas to see on the stage. Each and every student spent hours getting ready for their 15 minutes of fame on the stage. The best part was that the students weren’t only showing everyone that was present that day but that there was also a live stream so that the whole world could view the student’s fashion ideas.
Organizations nowadays do not give their employees stock options to save money. There exist other reasons that might make companies stop providing the stock options apart from just the need to save money. According to Jeremy Goldstein, employees are cautious of the economic situations that make the stock options valueless. Companies also fear to deal with stock options because they are burdensome during accounting. The values of the stocks keep on fluctuating making it difficult for employees to receive the stock options. Companies should resort to applying the knockout system if they do not want to abandon the stock options fully.
The knockout option is the best alternative. It is the same as the conventional stock options since they all have time limits. Moreover, the knockout option has several merits. The option allows organizations with payment and compensations plans for paying their top employees to save money by eliminating paying taxes. The knockout option has no complexities like the other stock options. Employees also abandon the option when the shares go below the set amounts.
Jeremy Goldstein is a lawyer by profession. He is also an entrepreneur and a co-founder of Jeremy L. Goldstein & Associate LLC. He co-founded the law firm alongside other two partners. Mr. Goldstein has more than 15 years of experience in practice.
His educational background boasts of itself. He went for his high school education at the Pingry High School. He was then admitted at Cornell University for his undergraduate studies and graduated with a Bachelor of Arts degree. He then moved to the University of Chicago for his postgraduate education and graduated with a Masters of Arts degree. Jeremy Goldstein also holds a Juris Doctor of Law from New York University. He is currently an active financial advisor. He is also a member of the Professional Advisory Committee at the New York University.
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