NEW YORK – Reed Smith today announced the addition of executive compensation partner Kevin Kay to its Global Corporate Group in the New York office. Kay is a recognized lawyer in the New York market and a former in-house counsel with more than a decade of legal experience overall. He was most recently Counsel in the employee benefits and executive compensation practice at Freshfields Bruckhaus Deringer.

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“With the uptick in transactional work we are seeing, we are pleased to grow our executive compensation capabilities with Kevin’s arrival,” said James R. Tandler, Co-Chair of Reed Smith’s Global Corporate Group. “His support with complex mergers, acquisitions and capital market transactions will be invaluable in providing innovative structuring advice as well as a full spectrum of benefits and compensation advice on the deals that our client are pursuing.”

Kay’s practice includes advising public and private multinational clients on all aspects of executive compensation and employment and benefit issues, including U.S. federal income tax, corporate governance and securities law advice, in the context of mergers and acquisitions, spin-offs, IPOs and other complex corporate transactions. In addition, Kay routinely negotiates executive compensation agreements and arrangements between employers and their top executives, including the negotiation, structuring and design of employment, consulting, termination, change-in-control and equity and equity-based compensation agreements and arrangements. He also counsels issuers and investment banks about ERISA plan assets and other issues associated with debt and equity financing, including collateralized loan obligations and similar financial transactions.