Greater Rockies, Utah

NORTH AMERICA CHAPTER

GREATER ROCKIES, UTAH
NETWORKING EVENTS
People meeting

CHAPTER TEAM:

Adam McDonald, Proofpoint
Andrew Barrus, Procore Technologies
Amberly Fullmer, Reddit
Michael McComas, Morgan Stanley at Work
Adam Christensen, Block Inc

 

GEO BOARD CHAPTER LIAISON:

Julie Vander Veen, UBS
Amy Reback, Edelweiss Consulting

WELCOME TO THE GREATER ROCKIES, UTAH CHAPTER

This local chapter community is dedicated to sharing knowledge, experiences, and resources to help members develop their skills, expand their networks, and make a positive impact in their communities. You will have access to a wide range of valuable resources and opportunities including educational sessions and networking events. 

cheers drinks
people together
people talking
person smiling
drinks decorated on table

REGIONAL RESOURCES

FILTER:
Country
ARTICLE
6 May 2024
CHIPOTLE WANTS ITS STOCK TO BE MORE AFFORDABLE—FOR EMPLOYEES
External News

WSJ

Employee engagement
Employee stock purchase plans (ESPP)
USA

Chipotle Mexican Grill is proposing a 50-for-1 stock split to make shares more accessible to its workers, aiming to enhance employee ownership and retention. With the company's stock price soaring, offering rewards like restricted stock units has become challenging due to the high share price, prompting the move towards a split. The planned split, subject to shareholder approval, could not only benefit employees but also potentially improve operational metrics like throughput, contributing to the company's long-term success.

ARTICLE
6 May 2024
MICROSOFT IS TYING EXECUTIVE PAY TO SECURITY PERFORMANCE — SO IF IT GETS HACKED, NO BONUSES FOR ANYONE
External News

Tech Radar

Executive pay
Executive plans
Global

Microsoft has taken a proactive step in addressing cybersecurity concerns by linking executive compensation to the company’s security performance, following recent high-profile attacks. The initiative, known as the Secure Future Initiative (SFI), aims to prioritize security and hold leaders accountable for meeting security plans and milestones. This strategic move reflects Microsoft's commitment to enhancing cybersecurity and fostering a culture of continuous improvement, as highlighted by Executive Vice President Charlie Bell and Chief Information Security Officer Igor Tsyganskiy.

ARTICLE
6 May 2024
TENSIONS RISE IN SILICON VALLEY OVER SALES OF STARTUP STOCKS
External News

 

The Globe and Mail

Trending now
USA

Entrepreneur Sohail Prasad launched the Destiny Tech100 fund to provide access to shares in hot tech startups like Stripe, SpaceX, and OpenAI, which are typically not openly traded. However, controversy arose when some startups disputed the fund's ownership of their shares, leading to criticism and restrictions from platforms like Robinhood. Despite tensions, the market for private company stocks is booming, with platforms like Hiive and Augment facilitating billions in transactions, reflecting a growing interest in owning stakes in Silicon Valley startups despite the risks and challenges.

ARTICLE
5 May 2024
EMPLOYEE OWNERSHIP: A STEP TOWARD BRIDGING THE WEALTH GAP
External News

Youtube - 60 Minutes

Trending now
Global

Joseph Blasi, Director of the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University, provides invaluable insights into the politics and potential of employee ownership within the contemporary economy.

ARTICLE
4 May 2024
YOU COULD ‘MISS THE OPPORTUNITY’ WITH COMPANY STOCK, EXPERTS SAY. HERE ARE THE KEY THINGS TO KNOW
External News

CNBC

Employee engagement
All plan types
Global

 

Equity compensation is increasingly popular among employers as a means to attract and retain talent, with 72% of companies offering some form of it, according to a Morgan Stanley survey. Stock options, restricted stock units (RSUs), and employee stock purchase plans (ESPPs) are three common types of equity compensation, each with its own tax implications and considerations for employees. While these perks can offer potential financial rewards, there are risks involved, such as stock price fluctuations and tax complexities, prompting experts to advise careful planning and consideration of individual financial goals.

ARTICLE
1 May 2024
EMPLOYEE STOCK PLANS: WHAT GROWING COMPANIES NEED TO CONSIDER
External News

Vistra

Design and strategy
All plan types
USA

Fast-growing companies in tech and other sectors often implement stock plans without proper planning or oversight, leading to significant compliance risks, especially when operating in multiple countries. These companies must consider local tax, social security obligations, and regulatory complexities to avoid financial and administrative issues. Employee Stock Ownership Plans (ESOPs) and carefully managed stock plans offer valuable incentives for employees while aligning their interests with the company's success, provided the compliance challenges are adequately addressed.

ARTICLE
30 April 2024
WHAT DO AI, EMPLOYEE OWNERSHIP, AND THE FUTURE OF WORK HAVE IN COMMON
external article

Forbes

Trending now
All plan types
Global

Gallup reports that 22% of Americans in 2023 fear job displacement due to AI and emerging technologies, up from 13% in 2017. Although upskilling is crucial for adapting to technological changes, low employee engagement hampers the desire to learn new skills, suggesting that expanding employee ownership could motivate workers by giving them a stake in their company's success. Amid rising income inequality and cost of living, employee ownership offers a bipartisan solution, enhancing engagement and financial security while encouraging upskilling to counteract labor market polarization.

ARTICLE
25 April 2024
THOUSANDS OF SILICON VALLEY BANK STAFFERS TO RECEIVE $25 MILLION IN PAYROLL STUCK IN STOCK PURCHASE PLAN
External News

NBC News

Case Study
Stock options
USA

 

Approximately 4,000 Silicon Valley Bank employees are poised to receive $25 million from a previously inaccessible employee stock purchase program, according to the Federal Deposit Insurance Corp. The FDIC confirmed that the remittance would occur shortly, alleviating a month and a half of uncertainty since the bank's closure. The funds, which were held by the bank before its collapse, won't draw from the government's deposit insurance fund and were originally part of an employee stock purchase plan allowing contributions of up to $25,000.

ARTICLE
25 April 2024
RUBRIK’S SHARES END TRADING UP ALMOST 16% ON THE COMPANY’S PUBLIC DEBUT
External News

Tech Crunch

Private and pre-IPO companies
All plan types
USA

 

Rubrik made its debut on the New York Stock Exchange at $38 a share, surpassing its initial pricing of $32, resulting in a fully diluted valuation of $6.6 billion. Despite the stock settling at $37 at the end of trading, Rubrik's strong subscription revenue and venture capital backing, particularly from Lightspeed and Greylock, indicate investor confidence despite the company's ongoing losses. While Rubrik's IPO performance aligns with recent successful listings, uncertainties in the market, including potential delays in interest rate cuts, may affect future IPO momentum.

CHAPTER DISCUSSION BOARD

GEO members in your area can come together to engage in meaningful discussions, share ideas, ask questions, and connect with fellow members who share similar interests via GEOconnect. Whether you're a long-time member or a newcomer, we encourage you to participate and contribute to the vibrant discussions happening here.

AVAILABLE TO GEO MEMBERS ONLY

PAST EVENTS AND RESOURCES

Access details of past local events and their materials. Whether you missed an event or want to revisit the content, our community discussion board provides a platform to access event information, including presentations, videos, and discussions. 

AVAILABLE TO GEO MEMBERS ONLY

REGIONAL NEWS AND INSIGHTS

Explore the GEO Insights area, where you can filter by region to access the latest events, articles, survey findings, and reports. Stay updated with the latest information and insights specific to your region, and gain valuable knowledge from our curated content. 

AVAILABLE TO GEOS MEMBER ONLY
join our logo

The future of global share ownership