Bucky Swift is a partner in the Employee Benefits and Executive Compensation practice and has spent his entire career in the ERISA employee benefits area. He partners with Boards of Directors, employers and individuals to design, draft and implement successful and responsible compensation plans and arrangements.
Bucky develops solutions on a broad range of benefits and compensation issues, including qualified and non-qualified retirement planning, compensation and benefits strategies for successful reductions-in-force, merger and acquisition compensation and benefits planning, and welfare benefit programs including issues under the new Health Care Reform law. He concentrates in the executive compensation area and works with Boards of Directors, employers, individuals to develop executive compensation and incentive programs in both the privately held and publicly traded sectors. Bucky represents Boards of Directors, employers and executives alike in negotiating and drafting executive level employment and change in control agreements and navigates his clients through the complicated rules affecting those arrangements, including Internal Revenue Code Sections 162(m), 280G and 409A. He also works with employers and Compensation Committee of Boards of Directors to design and develop equity compensation arrangements.
Bucky often speaks locally, regionally and nationally on a variety of employee benefits and executive compensation issues.
Assisted a national publicly held home builder in complete redesign of senior executive employment and change in control agreements
Assisted a publicly held educational organization in redesigning its senior executive employment and change in control agreements
Assisted a publicly held educational organization in designing a compensation and benefit program for a major reduction in force that resulted in 100% voluntary retirement and no lawsuits
Assisted many publicly held companies in drafting stock incentive plans allowing grants of various equity based compensation awards and drafted all required SEC disclosure documents
Assisted numerous publicly traded companies in drafting executive bonus plans to preserve tax deductibility under Code Section 162(m)
Assisted privately held companies in developing a plan to allow executives to earn and purchase company founder’s stock over a period of years thereby providing business succession
Assisted privately held company in working with compensation consultants to design, draft and implement all equity based compensation plans in preparation of going public (e.g., stock incentive and employee stock purchase plans)
Assisted publicly traded companies in drafting SEC disclosure for annual proxy statements
Assisted various tax-exempt organizations (including credit unions) in designing executive compensation arrangements in compliance with Code Section 457(b) and (f)
University of Richmond, T.C. Williams School of Law (J.D., 1985)
Associate Editor, Law Review
McNeill Law Society (Top 10% Honors)
George Mason University (B.S., magna cum laude, 1980)
American Bar Association
Section of Taxation, Subcommittee on Executive Compensation
Western Pension Conference-Phoenix Chapter, Former Steering Committee Member